Monday, 7 March 2016

XE Market Analysis: Europe - Mar 07, 2016

The dollar majors have posted narrow ranges so far in early-week trade. The mood has been moderately risk-positive following the strong U.S. jobs report of Friday and upbeat remarks from China's annual National People's Congress, although Chinese Premier Li announced a growth lower target of 6.5%, down from last year's 7%, and the PBoC set the CNY reference rate higher today.



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