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PBOC drains net CNY 40 bn via OMOs this week

PBOC drains a net CNY 40 bn via Open Market Operations (OMOs) this week versus a net injection of CNY 280 bn seen last week.

Meanwhile, the Central bank injected CNY 90 bn via 7 day reverse repos and CNY 30 bn via 14-day reverse repos today.

AUD/JPY: Aus retail data saves the day amid RBA’s jawboning

The cross in AUD/JPY dipped to fresh three-week lows of 87.35 in a knee-jerk reaction to the RBA’s quarterly SoMP release. However, the bulls were qui
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AUD/NZD bounces of 4-hr 100-MA as Aussie retail sales overshadow RBA statement

AUD/NZD rebounded from the 4-hr 100-MA support of 1.0674 and rose to a 1.07 handle as the upbeat Aussie retail sales data overshadowed the downward re
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