PBOC: China’s FX reserves rose $10.26 bln in March

PBOC published the latest forex reserves data on Thursday that showed:

FX reserves up $10.26 bln in March

China end-Mar fx reserves $3.21 tln vs $3.2 tln end-Feb

Gold reserves $71.49 bln vs $71.01 bln prev

Apr 7, 2016

EUR/USD turns negative near 1.1380

The upside momentum in EUR/USD seems to have found strong resistance in the area of 1.1450/60, fresh 2016 tops. EUR/USD attention to Draghi A ne

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Apr 7, 2016

GBP/USD vulnerable, still neutral – UOB

In view of the research team at UOB Group, the pair’s outlook remains neutral in the near term, although downside risks have been increasing. Key Q

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