PBOC sets the Yuan reference rate at 6.5207

The People's Bank of China (PBOC) set the Yuan reference rate at 6.5207 vs. previous day's fix of 6.4968

 

AUD/JPY hits one-week low ahead of China PPI

AUD/JPY breached the support at 87.97 (23.6% Fib R of Nov-Jan rally) and fell to a one-week low of 87.83 ahead of the China inflation release.   The
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China Consumer Price Index (MoM) below expectations (0.4%) in December: Actual (0.3%)

China Consumer Price Index (MoM) below expectations (0.4%) in December: Actual (0.3%)
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