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PBOC: Upward trend in OMO rates is a result of supply & demand - Xinhua

Xinhua, China’s news agency, reports comments from a PBOC official, noting that the upward trend in the open market operations (OMOs) is a result of supply and demand.

AUD/USD re-takes 5-DMA resistance on RBA’s status-quo

The AUD/USD pair reverted towards the familiar range above the mid-point of 0.76 handle, reversing a quick knee-jerk dip to 0.7630 region, after the R
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AUD/JPY turns positive after RBA cheers higher commodity prices

Reserve Bank of Australia (RBA) kept key policy tools unchanged, but said higher commodity prices have supported a rise in the trade surplus.  The po
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