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China's Treasury holdings decline for 5 straight months

China’s Treasury holdings fell to $1.115 trillion in October. The drop of $41.3 billion was the largest since December 2013.

This was also the fifth straight monthly decline. 

Japan is now the largest treasury holder with $1.131 trillion in US treasuries.

USD/JPY stepping back from the ten-month highs, offered in Tokyo

Currently, USD/JPY is trading at 118.26, up 0.10% on the day, having posted a daily high at 118.41 and low at 118.10. USD/JPY extended its rise to 11
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China People’s Daily – Fed rate hike to raise Yuan fall pressure

As per the China People’s Daily report, economists see Fed rate hike to hurt Yuan, although a sharp sell-off is unlikely. The article also states the
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