PBOC Sets USD/CNY Reference Rate at 6.8373, Slightly Weaker Than Previous Fix
China’s central bank set the yuan’s daily reference rate at 6.8373 against the U.S. dollar on Monday, marginally weaker than the previous fix
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Forex News
New Zealand Dollar Holds Steady as Bulls Ignore Strong Retail Sales Data
The New Zealand Dollar traded in a narrow range against the US Dollar on Tuesday, failing to capitalize on stronger-than-expected domestic retail sales
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WTI Crude Oil Stays Below $97 as US-Iran Peace Hopes Reshape Supply Outlook
West Texas Intermediate (WTI) crude oil prices continue to trade below the $97.00 per barrel mark, as growing expectations of a diplomatic resolution
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Japanese Yen Slides as Soft Japan CPI Inflation Data Dents Rate Hike Hopes
The Japanese yen weakened against major currencies on Tuesday after the release of softer-than-expected inflation data from Japan, raising fresh doubts about the
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New Zealand Dollar Slides as Trade Surprise Fails to Boost Sentiment
The New Zealand Dollar (NZD) edged lower against major peers on Tuesday, even as official data revealed a stronger-than-expected Trade Balance surplus for
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Gold Holds Steady Below $4,550 as Traders Await US-Iran Ceasefire Progress
Gold prices remained range-bound on Tuesday, hovering just below the $4,550 mark, as market participants held back from making bold directional bets amid
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Japan’s April Inflation Slows: National CPI Rises 1.4% YoY, Core Figure Misses Forecast
Japan’s National Consumer Price Index (CPI) rose 1.4% year-on-year in April, decelerating from the previous month’s 1.5% increase, according to data released Friday
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Euro Holds Ground as Eurozone PMIs Signal Contraction
The euro ended Thursday’s trading session virtually unchanged against the dollar, a surface-level stability that masks a more concerning economic picture. While the
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Pound Sterling Holds Ground as Bank of England Strikes Hawkish Tone Amid Economic Slowdown
The British pound traded with surprising resilience on Thursday, defying expectations of weakness as the Bank of England (BoE) maintained a hawkish policy
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Trump to Swear In Kevin Warsh as Federal Reserve Chair on Friday
President Donald Trump will officially swear in Kevin Warsh as the next chair of the US Federal Reserve on Friday at the White
