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4 Feb 2016

Will maintain prudent monetary policy - PBOC

Following are the headlines from PBOC crossing the wires via Reuters:

Will maintain prudent monetary policy

Will fend off financial risks
Feb 4, 2016

USD: Sharp drop in ISM non-manufacturing survey triggers short squeeze - MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has weakened sharply following the release yesterday of the much weaker than expected ISM non-manufacturing survey.
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