The People’s Bank of China (PBOC) extends its market liquidity injections for the fourth straight day on Friday, making the biggest weekly cash injection since mid-January, as cited by Reuters. The Chinese central bank is expected to inject 300 billion yuan ($41.99 billion) via seven-day reverse repurchase agreements. This will account for a weekly net cash injection through open market operations to 670 billion yuan. USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out 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 Japan’s Nishimura says Industrial Production is in severe condition FX Street 3 years The People’s Bank of China (PBOC) extends its market liquidity injections for the fourth straight day on Friday, making the biggest weekly cash injection since mid-January, as cited by Reuters. The Chinese central bank is expected to inject 300 billion yuan ($41.99 billion) via seven-day reverse repurchase agreements. This will account for a weekly net cash injection through open market operations to 670 billion yuan. USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out 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.
