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Category: Forex Short News

Forex Short News
Forex Short News

Pentagon to Brief Elon Musk on China War Plans

Posted onMarch 21, 2025

The Pentagon will brief Elon Musk on top-secret U.S. military plans for a potential conflict with China. The Friday briefing includes 20–30 classified slides covering …

Forex Short News
Forex Short News

UK Consumer Confidence Edges Higher in March but Remains Fragile

Posted onMarch 21, 2025

UK consumer confidence improved slightly in March, with the GfK Consumer Confidence Index rising to -19 from -20, marking a three-month high. Despite this modest …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2423 – Reuters estimate

Posted onMarch 21, 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

Tesla news: 46,000 Cybertrucks recalled for safety issue, Tesla trade ins record high

Posted onMarch 20, 2025

There were a few items of interest on Tesla on Thursday. With the share price down more 40% from its high and locked into bear …

Forex Short News
Central Banks, Forex Short News

HSBC ramp its yen forecasts much higher

Posted onMarch 20, 2025

HSBC has revised its USD/JPY forecasts downward, lowering its projections to 145 from 154 for Q1, 148 from 156 for Q2, 150 from 158 for …

Forex Short News
Forex Short News

Japan headline February CPI 3.7% (3.5% expected)

Posted onMarch 20, 2025

Japan inflation data, February 2025 Headline inflation comes in at 3.7%, down from a two year high in January: expected 3.5%, prior 4.6% Core, that …

Forex Short News
Central Banks, Forex Short News

HSBC says watch Trump trade policy, not Powell monetary policy, for direction of the USD

Posted onMarch 20, 2025

Via a note from HSBC, a few snippets to consider: The trajectory of U.S. trade policy is likely to have a greater impact on the …

Forex Short News
Forex Short News

Goldman Sachs says US equity market rallies will struggle to hold over the next 2 weeks

Posted onMarch 20, 2025

US equity markets may struggle to gain meaningful traction over the next two weeks, according to strategists at Goldman Sachs. GS attribute this to the …

Forex Short News
Forex Short News

New Zealand February trade surplus is 510mn NZD vs. deficit in January of 486mn

Posted onMarch 20, 2025

New Zealand trade data, February 2025: Trade Balance +510mn NZD prior was -486mn Exports 6.74bn NZD prior 6.19bn Imports 6.23bn prior 6.68bn Trade Balance 12 …

Forex Short News
Forex Short News

Morgan Stanley lowers its Tesla price target to US$410 (from previously $430)

Posted onMarch 20, 2025

Morgan Stanley analysts have reduced their Tesla price target from $430 to $410 citing lower projected vehicle deliveries for 2025—1.61 million, down from 1.92 million …

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