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20 Mar 2025

USD/CNH is trading in a multi-day 7.2450-7.2215 range – BBH

USD/CNH is up near the top-end of a multi-day 7.2450-7.2215 range, BBH FX analysts report. 

PBOC has limited room to slash interest rates

"As was widely expected, China commercial banks kept the 1- and 5-year Loan Prime Rates (LPR) unchanged at 3.10% and 3.60%, respectively. The PBoC will set its 1-year MLF rate next week and is expected to keep it steady at 2.0%. The PBOC has limited room to slash interest rates because Chinese banks’ net interest margins have fallen to record lows."
 

Mar 20, 2025

EUR/CHF: A brief pullback is under way – BBH

EUR/CHF recently reclaimed the 200-DMA and broke out from a multi-month base resulting in an extended bounce, BBH FX analysts report.
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Mar 20, 2025

India M3 Money Supply: 9.6% (March 3)

India M3 Money Supply: 9.6% (March 3)
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