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Category: Central Banks

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2423 – Reuters estimate

Posted onMarch 21, 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

HSBC ramp its yen forecasts much higher

Posted onMarch 20, 2025

HSBC has revised its USD/JPY forecasts downward, lowering its projections to 145 from 154 for Q1, 148 from 156 for Q2, 150 from 158 for …

Forex Short News
Central Banks, Forex Short News

HSBC says watch Trump trade policy, not Powell monetary policy, for direction of the USD

Posted onMarch 20, 2025

Via a note from HSBC, a few snippets to consider: The trajectory of U.S. trade policy is likely to have a greater impact on the …

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