GBP/USD recovery loses steam near daily pivot

The offered tone behind the GBP/USD pair weakened sharply in the mid-Asian trades, sending the rate higher above the mid-point of 1.25 handle, before
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China official: China will be able to keep the yuan exchange rate basically stable

The China Securities Journal quoted comments from Fan Jianping, chief economist with State Information Center, noting that China will be able to keep
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