Chinese PBOC changed its FX intervention principle since Aug.1.16.
Given CN's commodity input output int'l trading status. It created inevitable influence to int'l market.
Last week, PBOC unchanged its FX intervention principle to old one. (e.g. a small cycle closes last week)
Given CN's commodity input output int'l trading status. It created inevitable influence to int'l market.
Last week, PBOC unchanged its FX intervention principle to old one. (e.g. a small cycle closes last week)