Dollar slightly lower ahead of European morning trade ...Middle East

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In case you missed it, from earlier:China mulls stock market rescue package backed by $278 bnMore on China weighing stock market rescue package backed by $278 blnThat's the big story news as we move towards European trading today. It is what is helping to prop up domestic stocks in China, though not by much. The Shanghai Composite is up just 0.1% while the CSI 300 is up 0.2% on the day. The Hang Seng instead is the biggest beneficiary, up roughly 2.8% currently. But even so, that barely does just enough to erase the fall from yesterday.Well, at least the Chinese yuan is able to run with the news with USD/CNY falling from 7.19 to just under 7.17 at the moment. In turn, that is helping to tran

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