Chinese stock markets continued to wield influence in currency markets, today seeing the yen retreat, the dollar rebound and the Aussie outperform. The Shanghai Composite opened as much as 5-7% down before rebounding into the green, then sinking again and closing with a 1.7% net loss. China's State Planner said it will quicken construction of key projects, while China government funds stepped in to buy stocks and the PBoC injected funds into money markets. USD-JPY recouped over three quarters of yesterday's decline to 123.01 in making a peak of 123.78.
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