US Dollar Index remains on the defensive near 96.70

Measured by the US Dollar Index (DXY), the greenback is fading part of the earlier spike to the 96.80 region – or weekly highs – and keeps navigating
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China: Short-term weakness, but no hard landing – Danske Bank

Danske Bank analysts are holding the view that Chinese PMIs are set to remain weak in the short term, but there is no sign of a hard landing. Key Quot
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