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ForexLive Asia-Pacific FX news wrap: Two moves from the PBOC sent the yuan surging

ForexLive Asia-Pacific FX news wrap: Two moves from the PBOC sent the yuan surging
Heads up for the final Japan inflation report before next week's BOJ meetingOver half of surveyed analysts expect a July & September European Central Bank rate hikeICYMI - yuan rocketed higher with the PBOC slamming the fix, and promoting capital inflowAUD/USD higher - stronger yuan fix, good jobs reportAustralia (June ) Jobs +32.6K (vs. +15K expected) & Unemployment rate 3.5% (vs. 3.6% exp)PBOC eases cross-border fundingPBOC sets USD/ CNY reference rate for today at 7. 1466 (vs. estimate at 7.2... Read More
Posted: Jul 20 2023, 02:56
Author Name: forexlive
Views: 092134

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