Japan’s Matsuno: Will take appropriate action on forex if required

Japanese Chief Cabinet Secretary Hirokazu Matsuno reiterated on Wednesday that the authorities will take appropriate action on forex if required.

Matsuno, however, said that he has no comments on FX intervention.

 

China’s NBS: Economic recovery still faces many difficulties and challenges

Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their tak
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USD/CNH stays pressured around 6.7300 on firmer China data, PBOC MLF ahead of Fed

USD/CNH holds lower ground near the intraday bottom surrounding 6.7250, near 6.7350 by the press time, as strong China data joins the People’s Bank of
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