Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Jan 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    China is fighting tooth and claws with the Yuan (USD-CNY 6.577 USD-CNH 6.598) bears and announced an arrangement of 600 billion Yuan in funds to meet bank's liquidity demands, effectively similar to a reserve-ratio cut. The reference rate of Yuan has been set to 6.5578, the strongest levels since January[​IMG]

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