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Category: Forex Short News

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 …

Forex Short News
Forex Short News

Deutsche Bank cuts Q1 US GDP forecast to 1.5% amid soft consumer spending, trade drag

Posted onMarch 18, 2025

Deutsche Bank has revised down its first-quarter U.S. GDP growth forecast to 1.5% (annualized), a 1 percentage point cut from its previous estimate, citing weaker-than-expected …

Forex Short News
Forex Short News

Japan business sentiment weakens in March amid tariff and China concerns

Posted onMarch 18, 2025

Reuters Tankan survey for March 2025 – Manufacturers’ sentiment drops to -1 in March from +3 in February – Non-manufacturers’ index declines to +25 from …

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