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Category: Central Banks

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PBOC sets USD/ CNY mid-point today at 7.1350 (vs. estimate at 7.1759)

Posted onAugust 13, 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

Japan’s wholesale inflation has slowed down for the fourth month in a row

Posted onAugust 13, 2025

The Japanese data is here from earlier: Japan data – July PPI +0.2% m/m (expected +0.2%) & +2.6% y/y (expected +2.5%) The PPI is also …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1759 – Reuters estimate

Posted onAugust 13, 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

Japan data – July PPI +0.2% m/m (expected +0.2%) & +2.6% y/y (expected +2.5%)

Posted onAugust 12, 2025

The PPI data comes from the Bank of Japan. Producer Price Index (YoY) (Jul) +2.6, higher than expected but down from June expected 2.5%, prior …

Forex Short News
Central Banks, Forex Short News

Rabobank sees sterling gains fading, forecasts EUR/GBP at 0.87 near term, 0.88 in 6 months

Posted onAugust 12, 2025

Rabobank warns UK stagflation risks could stall sterling rally. Rabobank says that with UK inflation and wage growth still running hot, even growth figures in …

Forex Short News
Central Banks, Forex Short News

UBS: 100bps of Fed rate cuts, start in September despite price pressures lasting into 2026

Posted onAugust 12, 2025

UBS expects Fed to cut rates despite persistent price pressures UBS believes that upward pressure on prices is likely to persist through the remainder of …

Forex Short News
Central Banks, Forex Short News

Goldman Sachs says US CPI backs view for Fed “insurance” September rate cut

Posted onAugust 12, 2025

Goldman Sachs says the latest US inflation data supports the view that recent tariff-related price pressures will be largely transitory, with the measures yet to …

Central Banks
Central Banks

Hong Kong’s central bank FX market intervention yet again

Posted onAugust 12, 2025

Hong Kong Monetary Authority bought just over 7bn HKD to prop up the currency. The HKD has been running along weaker end of its trading …

Forex Short News
Central Banks, Forex Short News

Fed’s Barkin spoke to Wall Street Journal – says inflation won’t be as high as you think

Posted onAugust 12, 2025

Barkin is president of the Federal Reserve Bank of Richmond, he spoke in an interview with the Wall Street Journal. Many signs that consumers with …

Forex Short News
Central Banks, Forex Short News

Bessent says the Federal Reserve should think about a 0.5% interest rate cut in September

Posted onAugust 12, 2025

Bessent speaking in a Fox Business interview Hopeful Miran can be confirmed by Senate for Fed seat before September meeting Fed should think about a …

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