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China's Comments Will Haunt Gold Buyers

posted by Avatar likethewindmillsofanemptymind 702 days ago in Technical, Gold made popular 702 days ago

FX markets were nervously quiet in Asian session, just waiting for a directional catalysis. Initially, the deputy governor of the PBoC and the head of the SAFE, Yi Gang, at a press conference in Asia, provided some detailed and honest comments regarding China’s foreign exchange and reserve policy.
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