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PBOC cuts SLF rate

FXStreet (Mumbai) - The People’s Bank of China announced a cut in Standard Lending Facility (SLF) rate in 7-day operations to 3.25%.

The bank cut interest rates on Oct 23rd for the sixth time in less than a year in a in a bid to jump start growth in its stuttering economy.

EUR/SEK testing lows near 9.2800

The Swedish krona keeps appreciating vs. the single currency on Thursday, sending EUR/SEK to fresh multi-day lows near 9.2800 the figure...
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EUR/JPY points higher near-term – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the possibility of the cross to squeeze higher in the near term...
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