PBOC is expected to set the USD/CNY reference rate at 7.2591 – 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 »Stocks skid, dollar at 3-week top as Trump announces auto tariffs
Original source: https://www.investing.com/news/stock-market-news/stocks-skid-dollar-at-3week-top-as-trump-announces-auto-tariffs-3950731
Read More »European officials concerned over relying on Fed for USD funding in times of mkt stress
Reuters carry the report on discussions between European central banking and supervisory officials questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times…
Read More »NZD/USD extends its upside to near 0.5750, eyes on US PPI release
The NZD/USD pair extends its upside to around 0.5740 during the early Asian session on Thursday, bolstered by the weaker US Dollar (USD).
Read More »Japanese Yen remains on the front foot amid hawkish BoJ expectations
The Japanese Yen (JPY) attracts fresh buyers at the start of a new week and moves back closer to its highest level since October touched against a broadly weaker US…
Read More »Pound Sterling Price News and Forecast: GBP/USD climbs as US Dollar weakens due to falling yields
The Pound Sterling (GBP) advanced early in the North American session, bouncing off a two-day low of 1.2605, as the Greenback weakened due to falling US Treasury yields.
Read More »EUR/USD declines on slower-than-growth in Eurozone PMI, US Dollar’s recovery
EUR/USD slides to near 1.0460 in Friday’s North American session.
Read More »MTU Aero Engines hikes 2025 outlook on stronger US dollar after sales beat
Original source: https://www.investing.com/news/stock-market-news/mtu-aero-engines-hikes-2025-outlook-on-stronger-us-dollar-3876295
Read More »Japanese Yen slides further amid a pickup in USD demand; USD/JPY retakes 152.00
The Japanese Yen (JPY) attracts some sellers during the Asian session on Tuesday, which, along with a modest US Dollar (USD) uptick, assists the USD/JPY pair in staging a modest…
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