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Hibor rises to highest since 2008

The one-month Hong Kong Interbank Offered Rate (HIBOR) has jumped to 0.9225 percent; the highest level since 2008.

The spike represents tightening liquidity conditions and could be a result of China's crackdown on leverage.

EUR/JPY fades spike above 133

The bid tone around the Japanese Yen strengthened on signs of risk aversion in the Asian equities. As a result, the EUR/JPY pair fell from the session
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USD a strong bid against the euro - BBH

Analysts at Brown Brothers Harriman explained that the highest US two-year yield since Q4 2008 and the largest premium over Germany since the late 199
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