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There was little action and no data out of China. The price action clearly indicates that investors are waiting for the next major signal that could come from the U. Federal Ksd on Wednesday. A gauge of strength in the greenback climbed for a third day. Chinese economic data has been printing better than expected lately easing global stress.
Dollar, according to the China Foreign Exchange Trading System. Traders are preparing for a week of big Chinese data after lackluster inflation numbers yesterday. Chinese PPI data was the forex usd to cny saving factor. Chinese event risk represents a wild card. It seems that investors are returning to China helping to support sud yuan.
It appears that investor concerns have eased. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. FX Empire may receive compensation from the companies featured on the network. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire.
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