PBOC is expected to set the USD/CNY reference rate at 7. 2229 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant’s strategy as it navigates challenges in…
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Read More »AUD, NZD falling again
AUD and NZD aren;t the only FX falling against the dollar, but they are performing worse than EUR and GBP. CAD is losing ground also. JPY is rising, USD/JPY is…
Read More »Tesla stock price slumps after Q2 earnings
Tesla issued a disappointing set of Q2 earnings last night, driving the stock price lower.
Read More »USD/JPY extends decline below 154.00, investors await US GDP data
The USD/JPY pair remains under some selling pressure around 153.70, the lowest in three months, on Thursday during the early Asian session.
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Read More »Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
The German Composite PMI fell to a four-month low and back into contraction territory in July, strengthening the case for further rate cuts in the Euro Area.
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