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Category: Forex Short News

Forex Short News
Forex Short News

Foxconn’s AI Server Boom Set to Overtake iPhone Revenue

Posted onMarch 20, 2025

Foxconn’s revenue from AI servers is on track to surpass its iPhone business within the next two years, driven by surging demand for high-performance computing, …

Forex Short News
Forex Short News

The yen has moved higher on today’s Japanese market holiday

Posted onMarch 20, 2025

JPY has added to its post-FOMC gains in Asia trade. it’s a Japanese holiday today, which has thinned out liquidity, along with Japanese news and …

Forex Short News
Forex Short News

Fed Faces Uncertainty as Stagflation Concerns Emerge

Posted onMarch 20, 2025

The Federal Reserve maintained its key interest rate on Wednesday, as policymakers grapple with an evolving economic landscape marked by slowing growth, persistent inflation, and …

Forex Short News
Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1754 (vs. estimate at 7.2402)

Posted onMarch 20, 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

People’s Bank of China sets its Loan Prime Rates (LPR) unchanged, as expected

Posted onMarch 20, 2025

People’s Bank of China sets its Loan Prime Rates (LPR) unchanged, as expected. the one year remains at 3.1% the five year remains at 3.6% …

Forex Short News
Forex Short News

AUD marked down on a very disappointing jobs report – employment 80K lower than expected

Posted onMarch 20, 2025

Over the past year or so we’ve had more or less steady gains in employment. Prior to this, the employment gains were more volatile. I …

Forex Short News
Forex Short News

Australia Feb 2025 unemployment rate 4.1% (vs. 4.1% expected) & Employment Change -52.8K

Posted onMarch 20, 2025

Australian dollar marked lower on the jobs drop: Employment Change -52.8K … very ugly expected +30K, prior +44K Full-Time Employment -35.7K prior +54.1K Part-Time Employment …

Forex Short News
Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2402 – Reuters estimate

Posted onMarch 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
Forex Short News

Australian labour market report due soon – resilience to continue?

Posted onMarch 20, 2025

Between August 2024 and January 2025, Australia’s labour market demonstrated consistent growth and resilience. Here’s an overview of the key results during this period:​ August …

Forex Short News
Forex Short News

Swiss National Bank expected to cut rates 25bp on Thursday, March 20, 2025 – preview

Posted onMarch 20, 2025

The Swiss National Bank (SNB) is widely expected to lower its benchmark interest rate by 25 basis points to 0.25% at its policy meeting on …

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