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China central bank 1 year MLF at an unchanged rate of 2.75%

China´s central bank has injected 481 billion Yuan via 1-year MLF at 2.75% vs prior 2.75% and injects 104 billion Yuan via 7-day reverse repos at 2.00% vs prior 2.00%.

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USD/CNY fix: 6.8680 vs. the prior close of 6.8795

In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8680 vs. the prior close of 6.8795. About the fix China maintains strict co
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GBP/USD dribbles around mid-1.2100s as UK Budget, US Retail Sales loom

GBP/USD portrays the typical pre-data anxiety as it seesaws around 1.2150-60 during early Wednesday. That said, the Cable pair traders await the key U
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