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PBOC: Will fine tune policy in pre-emptive and timely way

Following are the PBOC headlines on monetary policy that crossed the wires via Reuters:

Will maintain prudent policy

Will keep yuan basically stable

Will continue with market-based interest rate reform

Will comprehensively use multiple mon pol tools

Will provide ample liquidity

Will realise reasonable growth in credit and social financing , lower social financing cost

USD: Sell-off takes a breather - MUFG

Derek Halpenny, European Head of GMR at MUFG, suggests that the dollar was vulnerable and that near-term risks were clearly to the downside which was
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USD/CHF remains under pressure – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair remains vulnerable and it could recede towards 0.9522. Key Quotes “
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