China's Vice FinMin: growth of 7-8% in line with real capacity

FXStreet (Bali) - According to a headline crossing Bloomberg wires from China's vice finance minister Zhu Guangyao, a range of 7-8% growth rate is in line with China’s real capacity, adding that the recent depreciation in the yuan is not the intention of FX reform.

USD bulls still cautious, over-reaction to FOMC?

The US Dollar was slightly offered along interbank trading in Asia, with players exercising caution after comments from Fed official over the weekend.
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EUR/USD hovering around 1.3790

The EUR/USD rose at the beginning of the week to 1.3805, approaching Friday’s highs but then turned to the downside and fell to 1.3787.
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