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Forex Short News
Forex Short News

USD appears friendless in Asia trade (except for the PBoC propping it up!)

Posted onMay 26, 2025

AUD/USD has its highest since December 2, 2024. EUR, GBP (highest since February of 2022!), NZD, CAD, CNH all rising also. My headline remark about …

Forex Short News
Central Banks, Forex Short News

Offshore yuan is hitting its highest since early November last year

Posted onMay 26, 2025

CNH is rising still, hitting highs not since early November 2024: This further extension for the yuan comes as the PBoC ‘flips’ its damping in …

Forex News
Forex News

AvidXchange’s SWOT analysis: stock faces growth challenges amid untapped market potential

Posted onMay 26, 2025
Forex News
Forex News

Dine Brands Global’s SWOT analysis: stock faces mixed outlook amid brand performance divergence

Posted onMay 26, 2025
Forex News
Forex News

Gaza Humanitarian Foundation director resigns, citing lack of independence

Posted onMay 26, 2025
Forex Short News
Forex Short News

China property: Country Garden seeks extension for US$14.1 billion debt overhaul

Posted onMay 26, 2025

Country Garden Holdings, formerly China’s top property developer by contracted sales, will appear in a Hong Kong court on Monday to request more time to …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1833 (vs. estimate at 7.1737)

Posted onMay 26, 2025

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …

Forex Short News
Forex Short News

Trump’s tariff threat then backdown cycle – market sees “boy who cried wolf”

Posted onMay 26, 2025

A couple of snippets from analysts on Friday, that have proved prescient, comments indicating Trump’s tariff threats being viewed as hollow. Vanguard: investors expect the …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1737 – Reuters estimate

Posted onMay 26, 2025

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 …

Forex Short News
Forex Short News

Reminder – UK and US holidays today, Monday, May 26, 2025 – markets closed

Posted onMay 26, 2025

Its Spring Bank holiday in the UK and Memorial Day in the US. Markets are closed in those countries. Although the CME will offer limited …

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