Peoples Bank of China out with another yawnfest statement 10 Aug 2016
- China to conduct bilateral ccy cooperation steadily
- scale of yuan as reserve ccy to expand
- China to improve infrastructure for yuan internationalization
Meanwhile USD better bid with GBPUSD in retreat again at 1.3030 and EURUSD nudging lower at 1.1145. USDJPY back up testing 101.50
