PBOC is expected to set the USD/CNY reference rate at 7.1317 – 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 »US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest
The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week.
Read More »US CPI Steadies Around Estimates – USD and Treasuries Rise
The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treasuries rose, SPX futures oscillated
Read More »GBP/USD weakens to mid-1.2700s as USD attracts haven flows amid Middle East tensions
The GBP/USD pair kicks off the new week on a weaker note and for now, seems to have stalled a two-day-old recovery from the 1.2665 area, or the lowest level…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1690 – 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 »EUR/USD strengthens above 1.0900 on softer US Dollar, eyes on geopolitical risks
The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1821 – 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 »Gold price jumps above $2,470 as US yileds plunge after weak US NFP
Gold price (XAU/USD) rises further above $2,470 in Friday’s American session.
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