PBOC intervening to support yuan via state-owned banks - Traders

FXStreet (Bali) - PBOC intervening to support yuan via state-owned banks, traders note, via Reuters.

Jan 8, 2016

NZD/USD capped below 200-DMA as China stocks waver

The Kiwi pair oscillates back and forth within a 60-pips range, tracking wild swings seen in the Chinese equities.

EUR/USD halts a 2-day rally, surrenders 1.09 handle

Having peaked at 1.0940 levels in opening trades, EUR/USD drifts lower and runs through fresh sellers below 1.09 handle over the last hours as risk-on dominates Asia on stabilizing Chinese equities.