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PBOC to inject 188.5bn Yuan via 1 year Medium-term lending facility

The People’s Bank of China (PBOC) issued a statement on Friday, announcing that it injected 188.5bn Yuan via 1-year Medium-term lending facility (MLF) at 3.3 percent.

Earlier today, the PBOC skipped the open market operations (OMOs).

NZD/USD Technical Analysis: Key bearish MA crossover seen in hourly chart

Hourly chart Spot Rate: 0.6780 Daily High: 0.6787 Daily Low: 0.6764 Trend: Bearish Resistance R1: 0.6784 (10-day moving average) R2: 0.6859 (
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Breaking News: China's Yuan-denominated trade surplus fell by 26.7 percent in H1

China's Yuan trade surplus contracted by 26.7 percent in the first half, China's General Administration of Customs said on Friday.  Developing story.
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