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Category: Central Banks

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PBOC is expected to set the USD/CNY reference rate at 7.1225 – Reuters estimate

Posted onSeptember 9, 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

MUFG read the future on the French vote. MUFG forecasts EUR/USD above $1.2000 by year-end.

Posted onSeptember 8, 2025

Analysis, in brief, from MUFG. Notably this was from prior to the French vote of no confidence in the Prime Minister. MUFG reading the future: …

Forex Short News
Central Banks, Forex Short News

Goldman Sachs CEO David Solomon said there’s no need for the Fed to rapidly cut rates

Posted onSeptember 8, 2025

Goldman Sachs CEO David Solomon suggested there is no urgent need for the Federal Reserve to slash interest rates, taking a different stance from the …

Forex Short News
Central Banks, Forex Short News

ICYMI – Trump’s Fed nominee Miran faces Senate vote Wednesday, ahead of Sept FOMC meeting

Posted onSeptember 8, 2025

Federal Reserve governor nominee Stephen Miran is set for a Senate Banking Committee vote on Wednesday, a step that could allow him to join the …

Forex Short News
Central Banks, Forex Short News

The Fed funds market is pricing in a 10% chance of a 50 basis point cut

Posted onSeptember 8, 2025

The one thing that doesn’t make sense to me about the Fed is the calendar. To my way of thinking, you want to make your …

Forex Short News
Central Banks, Forex Short News

ECB’s Villeroy: We are in a good position with inflation in Europe

Posted onSeptember 8, 2025

ECB’s Villeroy says that we are in a good position with inflation in Europe. The ECB is widely expected to hold rates steady this Thursday, …

Forex Short News
Central Banks, Forex Short News

HSBC expects BOE to stay on the sidelines until April 2026

Posted onSeptember 8, 2025

Well, I think they’re just a bit late to update their call as market expectations for the BOE have been quite settled for a while …

Forex Short News
Central Banks, Forex Short News

SNB chairman Schlegel: There is a high bar to negative rates

Posted onSeptember 8, 2025

We are aware of undesirable effects of negative rates US tariffs uncertainty has negative impact on the economy They’ve been repeating this for quite a …

Forex Short News
Central Banks, Forex Short News

Barclays now expects three consecutive rate cuts by the Fed to round off the year

Posted onSeptember 8, 2025

The call comes after another disappointing non-farm payrolls report on Friday here. While that has triggered some outlier calls for a 50 bps rate cut …

Forex Short News
Central Banks, Forex Short News

Standard Chartered expects the Fed to cut by 50bp September, from its 25bp call previously

Posted onSeptember 8, 2025

Standard Chartered now expects the U.S. Federal Reserve to deliver a larger 50bp rate cut in September, doubling its previous forecast of a 25bp move. …

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