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FxWirePro: USD/CNY trades flat at 6.93 mark, PBOC sets yuan mid-point at 6.9236

  • USD/CNY is currently trading around 6.9309 marks.
     
  • It made intraday high at 6.9337 and 1low at 6.9290 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 6.9366 marks will test key resistances at 6.9456, 6.9525, 6.9620 and 6.9850 marks respectively.
     
  • Alternatively, a daily close below 6.9290 will drag the parity down towards key supports at 6.9210, 6.8898, 6.8670, 6.8420, 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • PBOC sets yuan mid-point at 6.9236 / dlr vs last close 6.9290.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.

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November 16 04:00 UTC Released

MYCurrent Account Balance

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3.8 Bln MY

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Previous

3.9 Bln MY

November 16 04:00 UTC Released

MYGDP

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4.4 %

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4.6 %

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4.5 %

January 31 00:00 UTC 416407416407m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 416407416407m

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January 22 19:00 UTC 428227428227m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 416407416407m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 428227428227m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 416407416407m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 416407416407m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 416407416407m

ARAnnual Primary Balance*

Actual

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2016 bln ARS

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Bln AR bln ARS

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