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PBOC may cut RRR after Chinese New Year holiday – BOCOM’s Lian

FXStreet (Mumbai) - At a Shanghai briefing, Chief Economist at Bank of Communications (BOCOM), Lian Ping, noted via Bloomberg that the Chinese central bank (PBOC) may cut RRR after Chinese New Year holiday.

Key Quotes:

PBOC may cut RRR after Chinese New Year holiday

Room for further easing is limited

EUR/USD: phase of consolidation ahead of NFP?

The EUR/USD pair is seen trading around a flat line near 1.12 handle post-China open and remains slightly offered as the USD selling paused in Asia.
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