PBOC USD/CNY Reference Rate Reveals Strategic 20-Pip Yuan Appreciation Against Dollar
The People’s Bank of China (PBOC) strategically set the USD/CNY reference rate at 6.9438 on Thursday, marking a calculated 20-pip appreciation from the
Forex News
Forex News
China CPI Inflation Plummets: January Rate Drops to 0.2% YoY, Missing Forecasts Amid Deflation Fears
BEIJING, February 10, 2025 – China’s consumer price index (CPI) inflation rate unexpectedly declined to 0.2% year-over-year in January, falling short of the
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Australian Dollar Defies Gravity as China’s January CPI Surge Bolsters Regional Economic Confidence
The Australian Dollar continues to demonstrate remarkable resilience in global currency markets this February 2025, maintaining significant gains following China’s latest economic data
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Silver Price Forecast: XAG/USD Bulls Face Critical $82.00 Resistance as Crucial US NFP Data Looms
Global precious metals markets remain tense as silver prices hover below the critical $82.00 resistance level, with traders worldwide awaiting the March 2025
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Pound Sterling Defies Gravity: Remarkable Resilience Amid UK Political Turmoil and BoE Rate Cut Speculation
LONDON, March 2025 – The Pound Sterling demonstrates unexpected fortitude this week, staging a notable recovery against major currencies despite mounting UK political
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RBA Inflation Crisis: Hauser’s Stark Warning Charts Reveal Persistent Economic Pressure
SYDNEY, March 2025 – Reserve Bank of Australia Deputy Governor Andrew Hauser delivered a sobering assessment today, declaring that inflation remains “too high”
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EUR/USD Awaits Crucial US NFP Report for Decisive Directional Impetus
LONDON, April 4, 2025 – The EUR/USD currency pair exhibits a notable lack of momentum, trading flat around the 1.1900 psychological level. Consequently,
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USD/CAD Plummets Near 1.3550 as Soaring Crude Oil Prices Bolster Loonie Ahead of Critical US Jobs Report
The USD/CAD currency pair experienced notable downward pressure in early Friday trading, edging lower to hover near the 1.3550 level as rising crude
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PBOC Reference Rate Adjustment: Yuan Strengthens to 6.9458 Amid Strategic Currency Maneuvers
The People’s Bank of China (PBOC) strategically adjusted the USD/CNY reference rate to 6.9458 on Thursday, marking a significant 0.1% strengthening from the
Forex News
WTI Crude Oil Plummets Below $64.00 as Soaring Middle East Tensions Rattle Global Markets
Global energy markets faced significant volatility on Thursday, March 13, 2025, as the benchmark West Texas Intermediate (WTI) crude oil futures contract tumbled