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More on Trump’s goal to abolish the IRS – source is US Commerce Secretary Howard Lutnick
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Bank of Japan Governor Ueda is meeting with Japan PM Ishiba
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AUD traders note: Reserve Bank of Australia Governor Bullock speaking on Friday local time
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Trump says a new trade deal with China is possible
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Trump speaking – repeating himself
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RBA Dep Gov Hauser: RBA policy is still restrictive
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RBA Deputy Governor Andrew Hauser is speaking now – live link
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Barclays expects BoJ to raise rates at a six-monthly pace, but risk is front loading
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Tariff talk driving bids back into the USD (USD/JPY excepted!)
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US Commerce Secretary Lutnick says Trump’s goal is to abolish the Internal Revenue Service
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PBOC sets USD/ CNY reference rate for today at 7.1712 (vs. estimate at 7.2856)
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain...
USD/JPY is crumbling further, under 150.80
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
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Fed’s Goolsbee: Inflation has fallen but it is still too high
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US poised to reduce its diplomatic mission in China by up to 10%
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AUD marked higher after another very strong employment report from Australia
The RBA cut its cash rate on Tuesday and delivered a hawkish message. Not everyone believed them. Well, this jobs report nails the door shut, there will be no follow up rate cut from the RBA for many months to come. The employment report is another blockbuster, 44K...
Australia January 2025 unemployment rate 4.1% (vs. 4.1% expected)
The latest Labour Force report from the Australian Bureau of Statistics. Employment +44K, another blockbuster!expected +20k, prior +56.3kUnemployment Rate 4.1%, its risen but the jump in the participation rate accounts for thisexpected 4.1%, prior 4.0%Participation...
PBOC is expected to set the USD/CNY reference rate at 7.2856 – Reuters estimate
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 the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
USD/JPY falling away again. Meanwhile 10-year JGB yield hits highest since November 2009
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...