PBOC sets the Yuan reference rate at 6.3916

The People's Bank of China (PBOC) set the Yuan reference rate at 6.3916 vs. previous day's fix of 6.4009

AUD/JPY - Bearish outside day, top in place?

Having faced rejection at 89.00 levels for the fifth straight day, the AUD/JPY pair fell sharply to a low of 87.91 yesterday before closing at 88.21.
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Japan trade union head - Boosting wages will raise spending

Comments from Japanese Trade union Confederation are crossing the wires- Higher wages will boost consumer spending.  Work reforms to be key in spr
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