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Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Apr 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The PBOC has set the Yuan at 6.4754 (6.663 yesterday). USDCNH (6.4836) fell after news came in from traders that the Central bank of China would inject 60 bln Yuan into the money market through 7-day reverse bond repurchase agreements. Probably the bank wants depreciation in the Yuan but in[​IMG]

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