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USD/CNH: Can PBoC tweak tame the rising dollar ahead of US inflation data?
Source: Buzz FX / 12 Jan 2025 23:51:24 America/New_York
- PBoC increases cross-border macroprudential adjustment parameter
- Move may encourage capital inflows, supporting Chinese yuan
- USD/CNH bulls eye record high set in September 2022
- USD/JPY bullish momentum showing signs of fatigue
Summa
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