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6 Feb 2017

USD/CNY fix model: Projection at 6.8641 - Nomura

Nomura's model projects the fix to be 85 pips higher than the previous fix (6.8641 from 6.8556) and 99 pips lower than the previous official spot USD/CNY close of 6.8740. The basket implied change is 120 pips lower than the previous official spot USD/CNY close (6.8620 from 6.8740), Nomura adds. 

Feb 6, 2017

PBOC in action - ANZ

Analysts at ANZ explained that the PBOC repriced the cost of short-term funding by raising the 7-day reverse repo rate by 10bps to 2.35%. Key Quotes:
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Feb 6, 2017

German FinMin Schaeuble: EUR is too low for Germany

German Finance Minister Wolfgang Schaeuble said over the weekend, in a newspaper interview for Germany's Tagesspiegel, that the EUR is too low for Ger
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