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AUD, NZD, JPY all higher following the PBoC FX RRR cut, the first since September 2022

AUD, NZD, JPY all higher following the PBoC FX RRR cut, the first since September 2022
News is here:People's Bank of China to cut FX RRR from 6% to 4% from September 15More in that post but the effect, in brief, is a supportive move for the yuan. CNH, AUD, NZD and yen all caught a bid. This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Sep 1 2023, 01:21
Author Name: forexlive
Views: 103199

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