PBoC steps up support – ABN AMRO

Arjen van Dijkhuizen, analyst at ABN AMRO, points out that the Chinese authorities have continued to step up support to counterbalance the drags from
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USD/CHF hangs near 3-month lows, around 0.9800 handle

   •  The USD struggled to build on/preserve early gains and prompt some selling.    •  US-China trade optimism weighs on CHF’s safe-haven demand and
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