Chinese banks to limit Yuan outflows – China’s SAFE

FXStreet (Edinburgh) - Chinese FX regulator has asked domestic banks to limit Yuan outflows in their capital accounts in the short-term.

The news has come against the backdrop of mounting speculations on further easing by the PBoC.

EUR/GBP points to 0.70 in the medium term – Rabobank

According to Jane Foley, Senior FX Strategist at Rabobank, the European cross could be headed towards 0.70 in the longer run...
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WTI off highs, back to sub-$32.00 levels

The barrel of West Texas Intermediate is now giving away part of the earlier spike to session tops above the $32.00 handle, easing to the $31.70/80 area...
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