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Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Jan 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The PBOC has set Yuan reference rate at 6.5578 and has injected 290bln Yuan through 28-day reverse repos and 110bln Yuan through 7-day reverse repos which is much higher than the normal. Though we haven't seen a rate cut, cash injection has been huge this week. The USDCNY and USDCNH[​IMG]

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