Early Thursday, Governor of the People’s Bank of China (POBC), Yi Gang crossed wires. His comments, shared by MNI reporter Anthony Barton suggest fundamental changes in the Chinese central bank’s future role. In addition to preventing the fiscal deficit monetization, PBOC’s Yi pushes for currency stability and sound employment among other issues. FX implications Considering the year-end thin trading, coupled with market players’ major attention to Brexit headlines, comments from PBOC Governor couldn’t offer any major moves of AUD/USD and USD/CNY. That said, both the pairs consolidate recent moves from the intraday top and bottom respectively while marking 0.7585 and 6.53 in that order. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD trims weekly losses towards regaining $1,900 threshold FX Street 2 years Early Thursday, Governor of the People’s Bank of China (POBC), Yi Gang crossed wires. His comments, shared by MNI reporter Anthony Barton suggest fundamental changes in the Chinese central bank’s future role. In addition to preventing the fiscal deficit monetization, PBOC’s Yi pushes for currency stability and sound employment among other issues. FX implications Considering the year-end thin trading, coupled with market players’ major attention to Brexit headlines, comments from PBOC Governor couldn’t offer any major moves of AUD/USD and USD/CNY. That said, both the pairs consolidate recent moves from the intraday top and bottom respectively while marking 0.7585 and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
