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Category: Central Banks

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PBOC is expected to set the USD/CNY reference rate at 7.3348 – Reuters estimate

Posted onApril 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

Trump says China is manipulating yuan to offset against tariffs

Posted onApril 9, 2025

Trump says China is manipulating yuan to offset against tariffs says we’re going to tariff pharmaceuticals thinks China will make a deal at some point …

Forex Short News
Central Banks, Forex Short News

Bank of Japan Governor Ueda scrutinizing US tariff impact on Japan

Posted onApril 9, 2025

Bank of Japan Governor Ueda said the central bank has been raising rates so far based on the view that keeping rates too low for …

Forex Short News
Central Banks, Forex Short News

Expectations are for another very heavy dampening of USD/CNY reference rate again today

Posted onApril 9, 2025

As tensions escalate between the U.S. and China, the yuan is back in the spotlight. Despite a weaker U.S. dollar index (DXY), the offshore yuan …

Forex Short News
Central Banks, Forex Short News

Fed’s Daly: We have time to tread slowly and carefully on policy

Posted onApril 8, 2025

We have time to tread slowly and carefully on policy Fed policy is in a very good place Don’t have complete clarity on tariffs Important …

Forex Short News
Central Banks, Forex Short News

ECB’s Stournaras: Monetary policy is to be less restrictive in 2025

Posted onApril 8, 2025

But it is possible that inflation rise might delay normalisation of monetary policy Nothing major here as the ECB has now all but confirmed a …

Forex Short News
Central Banks, Forex Short News

Deutsche Bank is now forecasting a 50bp RBA rate cut in May

Posted onApril 8, 2025

Deutsche Bank is now forecasting a 50bp RBA rate cut in May. The chaos spawned by Trump’s tariff attacks will no doubt prompt a few …

Forex Short News
Central Banks, Forex Short News

Global turmoil raises chances of larger RBNZ rate cut – meeting tomorrow

Posted onApril 8, 2025

The Reserve Bank of New Zealand is expected to cut its official cash rate by 25 basis points to 3.50% on Wednesday, but mounting global …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.2038 (vs. estimate at 7.3321)

Posted onApril 8, 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 7.3321 – Reuters estimate

Posted onApril 8, 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 …

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