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Category: Central Banks

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PBOC sets USD/ CNY reference rate for today at 7.1907 (vs. estimate at 7.2033)

Posted onMay 29, 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
Central Banks, Forex Short News

Bank of Korea cuts its key interest rate by 25bp, as expected

Posted onMay 29, 2025

Bank of Korea cuts its base interest rate by 25bp, as expected. Cut to 2.5% from 2.75% Sees 2025 South Korea inflation at 1.9% 2025 …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2033 – Reuters estimate

Posted onMay 29, 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

Reserve Bank of New Zealand now expected to slow down its rate cut pace

Posted onMay 28, 2025

The Reserve Bank of New Zealand delivered a widely anticipated 25 basis point rate cut this week, lowering the Official Cash Rate (OCR) to 3.25%—bringing …

Forex Short News
Central Banks, Forex Short News

RBNZ assistant governor silk: China’s low domestic consumption is a key issue

Posted onMay 28, 2025

RBNZ assistant governor Silk: China’s low domestic consumption is a key issue for us in an increasing tariff environment Reserve Bank of New Zealand officials …

Forex Short News
Central Banks, Forex Short News

MUFG are looking for yen strength, say the BoJ is likely to remain unmoved

Posted onMay 28, 2025

MUFG on the developments in long JGBs (ICYMI, on Tuesday Japanese yields fell sharply on reports that Japan could tweak its bond issuance plans, while …

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Central Banks, Forex Short News

Reserve Bank of New Zealand Governor Hawkesby sees near term growth headwinds

Posted onMay 28, 2025

Reserve Bank of New Zealand Governor Hawkesby: See near term growth headwinds There’s weaker demand and weaker inflation pressures than there were in February There …

Forex Short News
Central Banks, Forex Short News

Economic calendar Asia Thursday, May 29, 2025, more from the Reserve Bank of New Zealand

Posted onMay 28, 2025

From 2000 GMT, 1600 US Eastern time Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby to speak in front of a parliamentary committee. This …

Forex Short News
Central Banks, Forex Short News

FOMC minutes May 2025: Fed well positioned to wait for more clarity on inflation/economy

Posted onMay 28, 2025

Well positioned to wait for more clarity on inflation/economy Participants agreed that uncertainty about the outlook had increased and it was appropriate to take a …

Forex Short News
Central Banks, Forex Short News

The Fed Minutes are to be released at the top of the hour.

Posted onMay 28, 2025

A summary of the FOMC statement Economic activity continues to expand at a solid pace despite fluctuations in net exports. Unemployment rate remains low and …

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