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Political Developments Drive FX Markets

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 21, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equity markets diverged overnight as we head into Christmas week. The PBoC set USD/CNY lower for the first time since December 3rd to 6.4753, down from 6.4814 on Friday. The Shanghai Composite climbed 1.77%, while the tech-heavy Shenzhen Composite rose 0.96%. In Japan, equity indices were heading south for[​IMG]

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