Analysts at TD Securities point out that the PBoC has cut its 7 day reverse repo rate to 2.5% from 2.55% and added CNY 180bn of liquidity via open market operations. Key Quotes “The cut in rates was the first since 2015 and follows the release of the PBoC’s quarterly report over the weekend, which warned both about risks to growth and rising inflation. October data was uniformly weak, suggesting that PBoC will maintain its incremental policy of easing.” 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 ECB’s Vasle: No reason now to alter eurozone growth prospects FX Street 3 years Analysts at TD Securities point out that the PBoC has cut its 7 day reverse repo rate to 2.5% from 2.55% and added CNY 180bn of liquidity via open market operations. Key Quotes "The cut in rates was the first since 2015 and follows the release of the PBoC's quarterly report over the weekend, which warned both about risks to growth and rising inflation. October data was uniformly weak, suggesting that PBoC will maintain its incremental policy of easing." 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.
