BECKHAM
29-05-2017, 08:00 AM
China announced to add a “counter-cyclical” component to the Yuan fixing calculation, designated to guide markets to focus more on fundamentals. With this revised mechanism, Chinese PMI prints to be released next week could weigh heavily on Yuan rates.
FOR MORE ... (https://www.dailyfx.com/forex/fundamental/article/special_report/2017/05/27/Yuan-Eyes-Chinese-PMI-after-PBOC-Revises-Reference-Rate-MechanismtofRM.html?DFXfeeds=forex:fundamental:art icle:special_report)
FOR MORE ... (https://www.dailyfx.com/forex/fundamental/article/special_report/2017/05/27/Yuan-Eyes-Chinese-PMI-after-PBOC-Revises-Reference-Rate-MechanismtofRM.html?DFXfeeds=forex:fundamental:art icle:special_report)