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Forex News
Forex News

China lowers benchmark lending rates for first time since October

Posted onMay 20, 2025
Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)

Posted onMay 20, 2025

Its been busy from China already, with rate cuts flowing in: More rate cuts coming from Chinese banks – as expected PBOC cuts Loan Prime …

Forex Short News
Central Banks, Forex Short News

PBOC cuts Loan Prime Rates (LPRs) by 10bp for both 1- and 5-year loans

Posted onMay 20, 2025

The cuts were expected. The People’s Bank of China cut its 7 day reverse repo benchmark rate by 10bp to 1.4% earlier this month. Governor …

Forex Short News
Forex Short News

Akazawa: Japan, U.S. conducted working-level talks on bilateral trade DC on Monday

Posted onMay 20, 2025

Japan economy minister Akazawa: Japan, U.S. conducted working-level talks on bilateral trade in Washington DC on Monday I mentioned yesterday that the election in Japan …

Forex Short News
Central Banks, Forex Short News

More rate cuts coming from Chinese banks – as expected

Posted onMay 20, 2025

Chinese state banks are cutting deposit rates today as previewed earlier: ICYMI – China’s state banks are expected to cut deposit rates today (Tuesday China …

Forex Short News
Forex Short News

USD/JPY jumping higher

Posted onMay 20, 2025

The yen is on the slide. Apart from what has been posted there is no fresh news. I’m trying to have a dig around, it’s …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2112 – Reuters estimate

Posted onMay 20, 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
Central Banks, Forex Short News

25bp RBA rate cut today is baked in, but here’s what to watch for in the Statement

Posted onMay 19, 2025

A 25bp cash rate cut is almost unanimously expected. The latest set of forecasts I have seen have all analysts look for 25bp but two, …

Forex Short News
Forex Short News

UBS once again recommends “a full strategic allocation” to US equities

Posted onMay 19, 2025

UBS is advising investors to maintain a full strategic allocation to U.S. equities, even after the recent market rally and Friday’s U.S. credit rating downgrade …

Forex News
Forex News

Trump says Russia and Ukraine to start immediate talks on ceasefire

Posted onMay 19, 2025

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