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ForexLive European FX news wrap: FX steady awaiting ECB, US data; China cuts RRR again

Headlines:PBOC calls on banks to hold off on immediate dollar purchases - reportPBOC cuts RRR by 25 bps, with effect from 15 SeptemberChina says it has the conditions to keep the yuan currency stableIt's a tall order for the euro to sustain any climb after the ECB todayDon't sleep on the major US data releases todaySwitzerland August producer and import prices -0.2% vs -0.1% m/m priorMarkets:AUD leads, GBP lags on the dayEuropean equities slightly higher; S&P 500 futures up 0.4%US 10-year yields... Read More

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Posted: Sep 14 2023, 11:32

Author Name: forexlive

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