The People’s Bank of China (PBOC) cut yuan’s (CNY) daily fix by 197 pips to 6.9574 per US dollar Tuesday – the weakest level since May 2008. Further, the central bank skipped the open market operation (OMO) for the third day in a row, draining CNY 120 billion from the market. 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 IEA’s Birol: Many countries current account deficits have been affected by high oil prices FX Street 4 years The People's Bank of China (PBOC) cut yuan's (CNY) daily fix by 197 pips to 6.9574 per US dollar Tuesday - the weakest level since May 2008. Further, the central bank skipped the open market operation (OMO) for the third day in a row, draining CNY 120 billion from the market. 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.
