PBOC Fixes Yuan Reference Rate at 6.8067, Easing Slightly from Previous Day
The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.8067 on Tuesday, marginally lower than the previous fixing of
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Forex News
Canadian Dollar Slips as Geopolitical Jitters Boost the Greenback
The Canadian dollar weakened against its US counterpart on Monday, extending its recent decline as heightened geopolitical uncertainty drove investors toward the relative
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NZD/USD Holds Near 0.5650 as Mixed China PMI Data Offers Little Direction
The New Zealand Dollar (NZD) continued to trade near the 0.5650 mark against the US Dollar (USD) on Tuesday, showing limited movement following
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WTI Holds Near $69.50 as US-Iran Nuclear Talks Begin in Doha
West Texas Intermediate (WTI) crude oil futures held near the $69.50 per barrel mark on Monday, consolidating recent losses as diplomatic negotiations between
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Australian Dollar Slips Below 0.6900 as China PMI Data Disappoints, USD Firms
The Australian dollar weakened against a broadly firmer US dollar on Tuesday, slipping below the 0.6900 threshold following the release of disappointing manufacturing
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China’s Caixin Manufacturing PMI Holds at 51.7 in June, Matching Forecasts: Implications for the Australian Dollar
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) for June came in at 51.7, matching market forecasts and holding above the 50-point threshold that
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China Manufacturing PMI Holds Steady at 51.7 in June, Matching Forecasts
China’s manufacturing sector continued its gradual expansion in June, with the Caixin Manufacturing Purchasing Managers’ Index (PMI) coming in at 51.7, exactly matching
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Australia Building Permits Growth Slows to 5.3% in May, Down from 10.2%
Australia’s building permits, a key indicator of future construction activity, rose 5.3% year-on-year in May, a notable deceleration from the 10.2% growth recorded
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Australia Building Permits Miss Forecasts in May, Falling 1.1%
Australia’s building permits fell by 1.1% in May, missing market expectations of a 1.0% increase, according to the latest data from the Australian
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Japanese Yen Sinks to Fresh Low Since 1986 vs USD Amid Persistently Wide US-Japan Rate Gap
The Japanese yen weakened to its lowest level against the US dollar since 1986 on Wednesday, breaching the 160 yen per dollar threshold.