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Category: Forex Short News

Forex Short News
Central Banks, Forex Short News

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
Forex Short News

Australian February building permits -0.3% m/m (expected -1.5%)

Posted onApril 2, 2025

Australian February building permits -0.3% m/m expected -1.5%, prior +6.3% -9.1% y/y prior +21.7% This article was written by Eamonn Sheridan at www.forexlive.com.

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
Forex Short News

Wells Fargo warns April 2 risks ‘not small’ , but express longer term optimism

Posted onApril 1, 2025

Christopher Harvey, head of equity strategy at Wells Fargo Securities: says he remains optimistic about the long-term outlook for equities cautions investors against overlooking the …

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
Forex Short News

South Korean March CPI +2.1% y/y (+2% expected)

Posted onApril 1, 2025

Inflation data from South Korea for March 2025 +0.2% m/m expected +0.18% (yes, to two decimal places, go figure), prior +0.3% +2.1% y/y +2% expected, …

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
Forex Short News

Bessent says Trump will announce a maximum for tariffs, countries can then bring them down

Posted onApril 1, 2025

Reports that Bessent told lawmakers today that tomorrow’s tariffs are a “cap” the amounts announced tomorrow are the highest the tariffs will go counties could …

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