Fundamental Analysis
Posted 1 hour ago
China Holds Benchmark Lending Rate at 16-Month Pause
China kept its one-year LPR steady at 3.00% and five-year rate at 3.50% for the 16th consecutive month, signaling limited room for further monetary easing despite soft domestic demand. The policy hold reflects authorities' cautious stance as they weigh growth concerns against inflation and currency pressures. USD/CNH and CNY pairs face divergent drivers.
Read full story on source
New to MyTradingLand?
Sign up now to get your own personalized timeline!
Join CommunityAlready have an account? Log in