China's Central Bank said to intervene in offshore Yuan market

FXStreet (Mumbai) - People’s Bank of China (PBOC) has repeatedly intervened in the offshore yuan market since yesterday via state banks to crack down on speculators, according to people familiar with the matter, Bloomberg reports.

EUR/USD rises to 1.0885, fresh bids emerge near 1h 100-SMA

The EUR/USD pair picked-up significant strength over the last hours and bounced sharply to session highs near 1.0880 region, as mixed Asian equities provide the much-needed respite to the EUR bulls.
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NZD/USD to grind lower with China in focus – ANZ

Research Team at ANZ, suggests that the market remains myopically focused on China.
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