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China’s SAFE sees two-way yuan fluctuation to be `norm’

The State Administration of Foreign Exchange (SAFE), China’s fx regulator, said in a statement on Friday, they see two-way yuan fluctuation to be `norm’.

The fx regulator added that they expect the forex market to remain stable.

Read: USD/CNH now targets the 6.4660 level – UOB

EUR/JPY to sustain a significant decline towards 129.59/36 – Credit Suisse

EUR/JPY weakness has accelerated dramatically also and its “measured top objective” at 131.10 has already been achieved. Economists at Credit Suisse s
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USD/CHF consolidates near two-month tops, bulls await a move beyond 0.9200

The USD/CHF pair held steady near two-month tops through the first half of the European session, with bulls now awaiting a sustained move beyond the 0
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