PBOD Sets USD/CNY Reference Rate at 6.8291, Slightly Higher Than Previous Fix
The People’s Bank of China (PBOC) set the daily midpoint reference rate for the yuan at 6.8291 per US dollar on Tuesday, marginally
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Australian Dollar Pulls Back from Two-Week High Against Yen After Softer Inflation Data
The Australian Dollar retreated from a two-week high against the Japanese Yen during Tuesday’s trading session, following the release of softer-than-expected consumer inflation
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Australian Dollar Weakens as Annual CPI Inflation Drops in April
The Australian Dollar retreated against major counterparts on Wednesday after official data revealed that the country’s annual Consumer Price Index (CPI) inflation rate
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Australia’s Inflation Slows More Than Expected in April, Falling to 4.2%
Australia’s annual inflation rate eased more than economists had anticipated in April, according to fresh data released Wednesday. The Consumer Price Index (CPI)
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British Pound Holds Above 1.3450 Against USD, But Rally Faces Headwinds
The British Pound (GBP) continues to trade with a positive bias against the US Dollar (USD), maintaining its position above the 1.3450 level
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Euro Holds Steady Near 1.1650 as Hawkish ECB Outlook Meets Iran–US Tensions
The euro remained relatively stable against the US dollar on Thursday, trading near the 1.1650 mark, as market participants weighed a hawkish stance
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BoJ’s Ueda Warns Temporary Oil Shocks Risk Becoming Persistent Inflation Drivers
Bank of Japan (BoJ) Governor Kazuo Ueda issued a notable caution on Wednesday, warning that what begins as a temporary oil price shock
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RBNZ Expected to Hold Rates Again as Markets Look Ahead to Tightening Cycle
The Reserve Bank of New Zealand (RBNZ) is widely expected to hold the official cash rate (OCR) steady at its upcoming meeting, marking
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WTI Crude Slips Below $92 as US-Iran Peace Talks Remain Uncertain
West Texas Intermediate (WTI) crude oil futures slipped below the $92.00 per barrel mark on Tuesday, as traders weighed the implications of ongoing
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Gold Slips Toward $4,500 as US-Iran Tensions and Fed Tightening Bets Reshape Market Sentiment
Gold prices edged lower this week, approaching the $4,500 mark, as a confluence of geopolitical and monetary policy developments weighed on the precious
