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PBOC set the yuan reference rate at 6.9371

The People's Bank of China (PBOC) set the yuan reference rate at 6.9371 vs the previous day's fix of 6.9670. 

AUD/JPY Technical Analysis: Overbought conditions on hourly and weaker Aussie retail sales could put brakes on rally

Hourly Chart Trend: Pullback likely AUD/JPY Overview:     Last Price: 81.3     Daily change: 8.0 pips     Daily change: 0.0985%     Daily Open: 
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Japan PM Abe: Wrong to increase sales tax next year if the economy is hit by Lehman-like crisis

Japanese Prime Minister Shinzo Abe on Friday reportedly said that it would wrong to hike sales tax next year if the economy is hit by a Lehman-like cr
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