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). …
Category: Forex Short News
JPMorgan economists cautioned on Wednesday that the sweeping tariff measures announced today could significantly disrupt U.S. economic momentum, raising the risk of a near-term recession. …
Japan’s services sector stagnated in March, with the Jibun Bank / S&P Global Services PMI falling to 50.0 matching the neutral level that separates growth …
Reserve Bank of Australia Financial Stability Review: US tariff uncertainty poses substantial headwinds to global growth. Tariffs could have a chilling effect on business investment …
Australian trade data for February 2025 Australia trade balance for February 7.46bn AUD surplus expected surplus 5.6bn AUD prior surplus 5.62bn AUD exports -3.6% m/m …
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 …
Trump announced a 10% baseline tariff on all imports, with higher rates for major trading partners, including 34% on China and 20% on the EU. …
Deutsche Bank is out wit ha quick note on the tariffs: Quick summary of President Trump’s announcements: tariffs on the American continent are lower than …
more to come Yen crosses much lower (higher yen) Gold, too, making gains: This article was written by Eamonn Sheridan at www.forexlive.com.
Now is not the time for a backgrounder on the institutional adoption of crypto, such as Bitcoin, and how this has brought it in closer …