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ForexLive Asia-Pacific FX news wrap: Chinese markets benefit from Politburo economy pledge
Chinese state banks seen intervening to support the yuan - intervention to sell USD/yuanChina mainland and Hong Kong stocks higher after Politburo stimulus pledgeChina promised more stimulus, PBOC strengthened CNY - yuan rising in early China tradePBOC sets USD/ CNY central rate at 7.1406 (vs. estimate at 7.2044)More pronounced volatility seen in the days ahead with G3 central bank "talk" to comeFed insider says the Bank is not yet ready to declare victory over inflationRate cuts, tax cuts, fee...
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Posted: Jul 25 2023, 02:54
Author Name: forexlive
Views: 080879