PBOC is expected to set the USD/CNY reference rate at 7.2127 – 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…
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There were fears of a more hawkish leaning by the Fed going into the FOMC meeting yesterday. But the statement language itself didn’t offer up too much and Powell also…
Read More »It is a market holiday in Europe today
European markets will be closed today in observance of Labour Day. As such, it should be a quieter session before we get to US trading later. London will be open…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2459 – 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…
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At ForexLive, we work in the news business and I make it our mission to deliver news and analysis that can help people make money in financial markets, or at…
Read More »Swiss National Bank Chair Jordan says monetary policy should remained focused on inflation
Swiss National Bank Chair Jordan spoke with Switzerland’s national broadcaster, Schweizer Radio und Fernsehen (SRF, “Swiss Radio and Television”), saying that in many countries: economic growth is too low productivity…
Read More »Iran says it struck an Israeli miitary base in Nagev
Iran’s IRGC says it has “successfully hit important military targets” of Israeli army and “destroyed them”, according to Iranian press. The Iranian government’s newspaper also said that Tehran successfully targeted…
Read More »Forexlive Americas FX news wrap: BIg moves and big angst in the Middle East
University of Michigan consumer sentiment 77.9 vs 79.0 estimate Reports of 30-50 missiles launched from Lebanon at Israel Sen Rubio: “Barring some last-minute development, Iran is going to attack Israel”…
Read More »BoE’s Greene says inflation persistence a greater threat in the UK than the US
Markets now expect the Bank of England will cut rates earlier and by more than the Federal Reserve this year UK services inflation remains much higher than in the US…
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