Rebound

U.S. Dollar/Chinese YuanFXCM

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⋅ 22 ตุลา 2020 เวลา 0 นาฬิกา 6 นาที

PBoC to cut the FX Reserve ratio to 0% (previously institutions have to keep 20% of forward settlement amount). This would provide more flexibility to institutions and probably less demand for CNH from this perspective (no need to hold cnh)

Trend Analysis Chart Patterns

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