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Category: Central Banks

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PBOC sets USD/ CNY mid-point today at 7.1793 (vs. estimate at 7.2663)

Posted onApril 2, 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

Bank of Japan Governor Ueda will be speaking soon, from 0110 GMT/ 2110 US Eastern time

Posted onApril 2, 2025

Bank of Japan Governor Ueda will be answering question in the Diet from 1010 Tokyo time: 0110 GMT 2110 US Eastern time Ueda has not …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2663 – Reuters estimate

Posted onApril 2, 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

ING says Japan rate rise expectations too low, sees BoJ neutral rate near 2%

Posted onApril 2, 2025

Analysts at ING believe markets are underestimating how far the Bank of Japan (BoJ) could eventually raise interest rates, citing signs of structural change in …

Forex Short News
Central Banks, Forex Short News

RBA’s Kent says will raise new OMO repo rate by 5bp to 10bp above cash rate target

Posted onApril 1, 2025

Christopher Kent is Assistant Governor (Financial Markets) at the Reserve Bank of Australia. he is speaking on: “The RBA’s Monetary Policy Implementation System – Some …

Forex Short News
Central Banks, Forex Short News

Fed’s Goolsbee says strength of economy still there, but confidence almost cratering

Posted onApril 1, 2025

Federal Reserve Bank of Chicago President Austan Goolsbee spoke in a Fox TV interview: Hard data on US economy still pretty solid If can get …

Forex Short News
Central Banks, Forex Short News

Atlanta Fed GDPNow -3.7% versus -2.8% previously (March 28)

Posted onApril 1, 2025

The Atlanta Fed GDPNow growth estimate for Q1 is lower at -3.7% versus -2.8% previously. The gold adjusted rate is down to -1.4% from -0.5% …

Forex Short News
Central Banks, Forex Short News

ECB’s Rehn: If data verifies baseline, the right reaction should be to cut in April

Posted onApril 1, 2025

The latest inflation numbers here fit with the narrative but there’s still Trump tariffs as the final hurdle. As things stand, traders are pricing in …

Forex Short News
Central Banks, Forex Short News

RBA governor Bullock: We’ve not lost confidence on inflation goal

Posted onApril 1, 2025

We’re gradually gaining more confidence But we’re not 100% confident, it’s very difficult to feel 100% confident At the moment, it seems prudent to wait …

Forex Short News
Central Banks, Forex Short News

RBA governor Bullock: We’ve not made up our mind on May decision

Posted onApril 1, 2025

Have to wait and see what the data says Not just inflation but also other developments like labour market and US tariffs We’re not endorsing …

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