RMB Biweekly – April 5, 2016FX Daily; AsiaApril 07, 2016 Posted by Lisa Wei Goel Read More0 Comments
- China’s Official Manufacturing PMI in March took a positive turn for the first time in months.
- CNH offshore overnight funding dipped into negative rate in response to reserve requirement change.
- USD is caught in a crossfire between dovish comments from Janet Yellen and another solid non-Farm Payroll.
- CNY and other EM currencies continue to benefit from softer dollar and dovish G3 rates.
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