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Category: Forex Short News

Forex Short News
Forex Short News

Fed’s wait-and-see approach shifting due to the inflation threat of an expansive trade war

Posted onMarch 19, 2025

Nick Timiraos at the Wall Street Journal says the Federal Open Market Committee (FOMC) ‘wait and see’ approach to rate cuts “has undergone an important …

Forex Short News
Forex Short News

Trump official Witkoff says talks with Russia on Ukraine on Sunday in Jeddah

Posted onMarch 19, 2025

Special Envoy to the Middle East Steve Witkoff, a longtime associate of Trump. Spoke on Fox: US officials to visit Saudi Arabia for additional discussions …

Forex Short News
Forex Short News

PBOC sets USD/ CNY mid-point today at 7.1697 (vs. estimate at 7.2330)

Posted onMarch 19, 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
Forex Short News

Bank of Japan decision soon – expect a hawkish tone, but of rate hike timing is uncertain

Posted onMarch 19, 2025

As the Bank of Japan (BOJ) prepares to announce its latest policy decision, its likely the Statement will maintain a relatively hawkish stance, reinforcing expectations …

Forex Short News
Forex Short News

Irish central bank trims growth forecasts amid global policy uncertainty

Posted onMarch 19, 2025

Central Bank of Ireland 2025 modified domestic demand forecast cut to 2.7% from 3.1% GDP growth forecast lowered to 4.0% in 2025 and 2026 Inflation …

Forex Short News
Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2330 – Reuters estimate

Posted onMarch 19, 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
Forex Short News

Australia Westpac Leading Index “firms but detail suggests gains are fragile”

Posted onMarch 19, 2025

Australia Westpac Leading Index WPAC comments: the six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity …

Forex Short News
Forex Short News

Japan machinery orders +4.4% y/y (expected +6.9%)

Posted onMarch 18, 2025

Japan core machine orders for January 2025: +4.4% y/y expected +6.9%, prior +4.3% For the m/m, a drop of 3.5% expected -0.1%, prior -1.2% These …

Forex Short News
Forex Short News

Japan data: February exports +11.4% y/y (expected +12.1%)

Posted onMarch 18, 2025

Japan data Trade Balance (February 2025) 584.5bn JPY expected 722.8bn, prior -2,736.6bn Imports -0.7% y/y expected +0.1%, prior +16.2% Exports +11.4% y/y expected +12.1%, prior …

Forex Short News
Forex Short News

Is Trump building the foundations to fire Fed Chair Powell and other Fed members?

Posted onMarch 18, 2025

Trump has fired two Democratic Federal Trade Commission (FTC) commissioners. It remains to be seen if Trump has the authority to do so. The Wall …

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