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Category: Central Banks

Forex Short News
Central Banks, Forex Short News

Goldman Sachs expects September Fed rate cut, up to 50bp if jobs mkt slips further

Posted onAugust 5, 2025

Goldman Sachs expects the Federal Reserve to begin cutting rates in September, projecting three straight 25 basis point reductions. However, the bank says a larger …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY central rate at 7.1366 (vs. estimate at 7.1667)

Posted onAugust 5, 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

PBOC is expected to set the USD/CNY reference rate at 7.1667 – Reuters estimate

Posted onAugust 5, 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

BoJ June minutes: to continue raising policy rate if economy, prices move in line forecast

Posted onAugust 4, 2025

Bank of Japan June 2025 meeting minutes, full text. The June meeting minutes have been dated by the July meeting. Headlines via Reuters: Many members …

Forex Short News
Central Banks, Forex Short News

Trump firing stats office head ignites concerns the US becoming “Latin America or Turkey”

Posted onAugust 4, 2025

The Wall Street Journal (gated) with the report: fear a decline in the world-leading economic statistics underpinning U.S. markets In brief: Banks have fielded calls …

Forex Short News
Central Banks, Forex Short News

BoA stick with Fed rate hold call despite market pricing in September cut on weak job data

Posted onAugust 4, 2025

BofA Securities is holding firm on its forecast that the Federal Reserve will not cut interest rates in 2025, despite rising market expectations for a …

Forex Short News
Central Banks, Forex Short News

Hong Kong’s central bank FX intervened yet again to support the HKD

Posted onAugust 4, 2025

Hong Kong Monetary Authority bought just under 6.4bn 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 Daly comments – be careful of the narratives pundits are choosing

Posted onAugust 4, 2025

Remarks from Federal Reserve Bank of San Francisco President Mary Daly are here: Fed’s Daly says two FOMC rate cuts in 2025 seem appropriate I …

Forex Short News
Central Banks, Forex Short News

Fed’s Daly says two FOMC rate cuts in 2025 seem appropriate

Posted onAugust 4, 2025

Federal Reserve Bank of San Francisco President Mary Daly comments reported via Reuters: Comfortable with Fed’s July decision, less comfortable in making that same decision …

Forex Short News
Central Banks, Forex Short News

Wells Fargo case for Bank of Japan (BoJ) to keep interest rates unchanged in September

Posted onAugust 4, 2025

Wells Fargo expects the Bank of Japan (BoJ) to keep interest rates unchanged at its September policy meeting, but sees scope for a rate hike …

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