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PBOC may announce deposit rate cut in coming days - FT

The Financial Times (FT) carries a report on Wednesday, citing that the People’s Bank of China (PBOC) may announce a deposit rate cut in the coming days.

The report adds that the Chinese central bank is in talks with the banks to cut deposit rates to pay the savers.

Forex Today: Senate strikes stimulus, stocks may sell the fact, dollar pressured, coronavirus data eyed

Here is what you need to know on Wednesday, March 25: The market mood remains upbeat as the US Senate reached a deal on a $2 trillion stimulus package
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AUD/USD climbs to over 1-week tops, closer to mid-0.6000s

The AUD/USD pair built on its goodish intraday positive move and climbed to over one-week tops, closer to mid-0.6000s during the Asian session on Wedn
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