Yuan remains on an appreciation track – PBOC’s Sheng

PBOC statistics department head Sheng Songcheng stated on Thursday, the yuan will continue its appreciation in the long-term. While he commented that the world economic environment doesn’t support multiple US rate hikes.
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EUR/USD within range post-data

The single currency kept the composure after today’s EMU’s releases, with EUR/USD navigating the low-1.0600s for the time being...
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