USDCNY keeps grinding towards previous intervention levels around 7.37 ...Middle East

The USDCNY is approaching the previous max pain level around 7.37 where the PBoC intervened in 2023 so worth keeping that level marked up.The PBoC continuously adjusted the mid-point weaker in recent sessions with yesterday seeing the weakest setting since Nov 2023. This article was written by Arno V Venter at www.forexlive.com.

Hence then, the article about usdcny keeps grinding towards previous intervention levels around 7 37 was published today ( Wednesday 26/06/2024 - 04:21 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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