FX markets have begun, in a predictable fashion, to considering the data and events laden day to come. The softer than expected Chinese inflation data, kicked off the day by printing slightly below market expectations at 4.9 vs. 5.4% exp (4.6% prior). Interestingly, the decline came from a downward surprise in food prices, odd especially considering that the Chinese Lunar new year’s holidays,... ...More...


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