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Category: Central Banks

Forex Short News
Central Banks, Forex Short News

JP Morgan pushes next ECB rate cut forecast to October from September previously

Posted onJuly 25, 2025

With just the shift in the timing for the next rate cut, JP Morgan seems to be still holding the view of a terminal rate …

Forex Short News
Central Banks, Forex Short News

ECB pause now seen extending through to September

Posted onJuly 25, 2025

It looks like we’ll be seeing the majority of analysts having to change their calls on the ECB outlook in the week(s) ahead. The meeting …

Forex Short News
Central Banks, Forex Short News

Goldman Sachs no longer expects further ECB deposit rate cuts in 2025

Posted onJuly 25, 2025

Goldman Sachs no longer expects ECB to cut deposit rates further in 2025 vs prior forecast of a 25 bps cut in September Goldman Sachs …

Forex Short News
Central Banks, Forex Short News

ICYMI – Trump says he will not fire Fed Chair Powell – “I don’t think that’s necessary”

Posted onJuly 25, 2025

Trump inspected the Federal Reserve construction site to pressure the central bank for lower interest rates. In front of media: Powell fact-checked Trump’s claim that …

Forex Short News
Central Banks, Forex Short News

Yuan rally faces doubts as analysts expect renewed weakness

Posted onJuly 25, 2025

Bloomberg (gated) reported on comments on the yuan via Standard Chartered. In brief: The yuan’s recent surge to an eight-month high may not last, as …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1419 (vs. estimate at 7.1609)

Posted onJuly 25, 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

Recap – Tokyo inflation > BoJ target – reinforcing hike expectations late 2025/early 2026

Posted onJuly 25, 2025

As reported earlier, core inflation in Tokyo—a key leading indicator for nationwide price trends—remained well above the Bank of Japan’s 2% target in July, reinforcing …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1609 – Reuters estimate

Posted onJuly 25, 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

Leadership uncertainty at the Fed weighs on dollar, says BofA

Posted onJuly 24, 2025

Uncertainty over the future of Federal Reserve leadership is putting pressure on the U.S. dollar, according to a note from Bank of America. The bank …

Forex Short News
Central Banks, Forex Short News

Trump-linked fund manager sues Fed over secrecy, while pushing its own political agenda

Posted onJuly 24, 2025

“Azoria Capital” has filed a lawsuit against Federal Reserve Chair Jerome Powell and other central bank officials, alleging the Fed is violating a 1976 law …

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