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,...
Australia’s ANZ forecast the first RBA rate cut in February 2025 (from November 2024)
ANZ is one of Australia's biggest four banks.Like many others analysts, the bank had been tipping a late 2024 rate cut from the RBA. Persistent sticky high inflation has seen them push that out now from November this year to February next year:then a further cut in...
ForexLive Asia-Pacific FX news wrap: Yuan intervention
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,...
Yuan intervention – China’s major state-owned banks seen selling USD/CNY
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,...
European Commission expected to announce Chinese electric vehicle (EV) tariffs this week
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,...
Onshore yuan (CNY) has dropped to its weakest since mid-November 2023
The US dollar has been supported against the yuan by interest rate differentials, US Treasury yields have firmed again since the very strong jobs data (NFP headline +272K) at the end of last week.The People's Bank of China set the onshore yuan reference rate at its...
Bloomberg: Chinese Builder Dexin Receives Liquidation Order From Hong Kong Court
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,...
Toyota’s vehicle certification misconduct may violate UN standards
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,...
China doing a Chuck Norris on gold – waiting and watching
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,...
Australian May business confidence -3 (prior 1.0)
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,...
North Korea soldiers crossed the border into South Korea on June 9
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,...
PBOC sets USD/ CNY reference rate for today at 7.1135 (vs. estimate at 7.2724)
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,...
Bank of America says long oil is the best upside hedge into the US election
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,...
Japan finance minister Suzuki crossing the news wires, doesn’t mention the yen
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,...
PBOC is expected to set the USD/CNY reference rate at 7.2724 – 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 seeing a few bids
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,...
European Central Bank speakers on Tuesday include Holzmann, Villeroy and Lane
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Vietnam authorities expected to loosen gold import rules by July/August
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,...
US CPI and FOMC due this week – UBS preview
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,...
Fed holding rates steady while the ECB cuts. Who will blink first?
A snippet from Bank of Montreal on the new widening monetary policy divergence, addressing "how long Powell can retain terminal as the ECB and Bank of Canada have started normalizing rates lower'.There are a few conceivable outcomes assuming that global central banks...