PBOC is expected to set the USD/CNY reference rate at 7.2558 – 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 »

Japan finance minister Suzuki crossing the news wires, doesn’t mention the yen

Japan finance minister Suzuki says important we continue efforts to achieve fiscal health usage of frozen Russian assets needs to be in compliance with international law. And that’s it so…

Read More »

Far-right movement makes waves in Europe over the weekend

The French president decided to call a snap election in a last ditch effort to try and salvage the situation. Marine Le Pen’s National Rally faction looks set to win…

Read More »

ForexLive Asia-Pacific FX news wrap: Waiting for the non-farm payroll report (NFP)

China May trade data: USD denominated exports +7.6% y/y (beat) and Imports +1.8% (miss) Stellar line up of ECB speakers Friday – Lagarde, Schnabel, Holzmann China small and medium-sized banks…

Read More »

PBOC is expected to set the USD/CNY reference rate at 7.2436 – 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 »

Dollar faces pressure as data talks once again

The report here was softer than estimated, with prices paid also easing back from April. The positive for the dollar? Employment conditions are still holding up well but that’s about…

Read More »

Equip Your Brokerage with Intivion’s Leading Forex White Label Solutions

Maintaining the most up-to-date technology stack is a priority for any forex brokerage in 2024. It comes as no surprise that an increasingly competitive retail industry also necessitates tailored solutions…

Read More »

Market holidays make for a slower start to the new week

That is keeping the overall mood more muted so far today. In the UK, it is the spring bank holiday and in the US, it is going to be Memorial…

Read More »

Bank of Japan Governor Ueda says some challenges are uniquely difficult for the Bank

Bank of Japan Governor Ueda We have made progress in moving away from zero and lifting inflation expectations, but we must now re-anchor them, this time at the 2% target…

Read More »

PBOC is expected to set the USD/CNY reference rate at 7.2539 – 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 »