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China's SAFE: Brexit and seasonal factors increased demand for FX in July

China's FX regulator, State Administration of Foreign Exchange (SAFE) out with a statement across the wires via Reuters:

Impact on FX supply and demand remains under control

Pace of companies reduction of foreign debt continues to slow

Cross border capital flows remain stable in the medium to long term

EUR/USD clears 1.1270 on USD sell-off

The common currency is extending its daily upside on Tuesday, now lifting EUR/USD to fresh 2-month highs in the 1.1260/65 band. EUR/USD firmer ahead
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UZD/CAD breaks below 1.2900 for the first time since mid-July

A broad based US Dollar sell-off has been a key theme on Tuesday, with the USD/CAD pair breaking below 1.2900 handle to currently trade at its lowest
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