Forex Market News

Fed Rates will Rise by 50 Basis Points in September, Predicts Goldman Sachs

Market News

August 08, 2022 - 01:13 PM

Despite Friday's good US Nonfarm Payrolls and wage growth figures, Goldman Sachs analysts maintain t

Fed Governor Bowman: Significant Rate Increases May Continue

Market News

August 08, 2022 - 01:10 PM

US Federal Reserve (Fed) Governor Michelle Bowman stated that she firmly supports extremely large ra

NZ Inflation Expectations Softer in Q3, Kiwi off Highs, According to RBNZ Survey

Market News

August 08, 2022 - 01:08 PM

The third quarter of 2022 will see an easing in New Zealand's (NZ) inflation expectations throughout

The Year-Ago Base Effects will Cause the Headline and Core Rates to Decline in the US, According to Scotiabank

Market News

August 08, 2022 - 01:06 PM

A sneak preview of what Scotiabank analysts anticipate for Wednesday's US inflation announcement is

Chinese Military: On Monday, Drills Around Taiwan will Resume

Market News

August 08, 2022 - 01:02 PM

On Monday, the Chinese People's Liberation Army's Eastern Theater Command said on the social media s

According to Analysts, the Dollar's Power is Still Present in the Foreign Exchange Markets

Market News

August 04, 2022 - 01:03 PM

The majority of currency experts surveyed by Reuters said that the dollar's strength has not yet pea

Fix for USD/CNY: 6.7636 as Opposed to the Last Fix of 6.7813

Market News

August 04, 2022 - 12:59 PM

The People's Bank of China (PBOC) pegged the Yuan (CNY) at 6.7636 in today's most recent transaction

Japan's Sato: The BOJ will Eventually Stop Buying Debt

Market News

August 04, 2022 - 12:59 PM

According to a Bloomberg report, "investors should start preparing for a return to normal Japanese b

US NFP: Friday's Report's Job Growth may Slow to 200K, According to JP Morgan

Market News

August 04, 2022 - 12:31 PM

JP Morgan economists anticipate that the US Nonfarm Payrolls will be weaker than expected at 200K in

Yield-Curve Inversion Intensifies, With a Challenging Path Ahead, According to DoubleLine's Gundlach

Market News

August 04, 2022 - 12:27 PM

In his most recent tweet, Jeffrey Gundlach, the reigning bond king of Wall Street and the founder an

Speaker of the US House Pelosi: While Upholding the One China Policy, Our Support for Taiwan is more Crucial than Ever

Market News

August 03, 2022 - 12:37 PM

US House Speaker Nancy Pelosi remarked during her trip to Taiwan that "our solidarity with Taiwan is

The Taiwan Defense Ministry Said it Would Respond to any Action that Infringes on Taiwan's Territorial Integrity

Market News

August 03, 2022 - 12:20 PM

Early on Wednesday morning in Europe, Taiwan's Defense Ministry declared that Chinese drills had "in

All-MPC-Members-will-Vote-on-a-50bp-Increase-on-Thursday

Market News

August 03, 2022 - 12:19 PM

The market anticipates a 50 basis point increase in Bank of England (BOE) interest rates this Thursd

Caixin Services PMI in China Rises to 55.5 in July, Exceeding Expectations of 48.0

Market News

August 03, 2022 - 12:09 PM

The Caixin services PMI for July showed China's services activity rose at the quickest rate in 15 mo

Fix for USD/CNY: 6.7813 as Opposed to the Prior Fix of 6.7462

Market News

August 03, 2022 - 12:07 PM

The People's Bank of China (PBOC) pegged the Yuan (CNY) at 6.7813 in today's most recent transaction

Expectations for US 10-Year Inflation Have Increased to a Monthly High of 2.48 Percent

Market News

July 29, 2022 - 12:35 PM

The 10-year breakeven inflation rate reported by the St. Louis Federal Reserve (FRED), which measure

Fix for the USD/CNY: 6.7437 Against an Estimate of 6.7414 and a Close of 6.7466

Market News

July 29, 2022 - 12:35 PM

The People's Bank of China (PBOC) put the Yuan (CNY) at 6.7437 in current trade today, against an es

China's Politburo Acknowledged that it had Fallen Short of its Growth Goal for the year

Market News

July 29, 2022 - 12:13 PM

Following its quarterly economic conference, China's Communist Party Politburo released a statement

To Combat Inflation, Japan's Finance Ministry Announces JPY 257 Billion in Budget Reserves

Market News

July 29, 2022 - 12:12 PM

In order to offset rising oil and general price increases, the Japanese Ministry of Finance said on

China's Commerce Ministry: There are Significant Dangers, Challenges, and Unknowns in International Trade

Market News

July 29, 2022 - 12:11 PM

In his visit on Friday, a representative of the Chinese Ministry of Commerce provided insight into t

Senators Schumer and Manchin Were Contacted by US President Biden to Express their Support for the Inflation Control Act

Market News

July 28, 2022 - 12:10 PM

In support of the most recent action taken by US Senate Majority Leader Chuck Schumer and Senator Jo

According to Australian Treasurer Chalmers, Inflation will Now Reach a Peak in Q4 of 7.75 Percent.

Market News

July 28, 2022 - 12:04 PM

Inflation is now anticipated to peak at 7.75 percent in the December quarter, according to Australia

RBNZ: The Funding for Lending Program Will Continue until December as Scheduled.

Market News

July 28, 2022 - 11:54 AM

When Interest.co.nz posed a number of queries about the FLP, the Reserve Bank of New Zealand (RBNZ)

BOJ's Amamiya: As the Recovery is not Strong, the Central Bank Must Support the Economy via Monetary Easing.

Market News

July 28, 2022 - 11:54 AM

As the recovery is shaky and wage growth is unpredictable, the Bank of Japan (BOJ) must assist the e

On Thursday, the PBOC Changes the USD/CNY Reference Rate from 6.7731 to 6.7411.

Market News

July 28, 2022 - 11:53 AM

During Thursday's Asian session, the People's Bank of China (PBOC) fixed the Yuan (CNY) reference ra

According to a Reuters Survey, Global Growth is Declining as Inflation Continues to Rise

Market News

July 27, 2022 - 12:21 PM

According to Reuters polls of more than 500 forecasters worldwide, "the global economy is in the thr

According to Morgan Stanley, the Fed will Make a Hawkish Raise in July, Strengthening the US Dollar.

Market News

July 27, 2022 - 12:03 PM

Prior to Wednesday's FOMC July policy decision, economists at Morgan Stanley Research provide their

Russian Oil Price Cap was Discussed by UK Finance Minister Zahawi and US Treasury Sec. Yellen

Market News

July 27, 2022 - 11:58 AM

Early on Wednesday, US Treasury Secretary Janet Yellen and UK Finance Minister Nadhim Zahawi spoke o

Fix for USD/CNY: 6.7731 Versus the Previous Closure of 6.7649

Market News

July 27, 2022 - 11:56 AM

The People's Bank of China (PBOC) placed the Yuan (CNY) at 6.7731 in today's most recent transaction

Australia's Inflation is at its Pinnacle; the RBA will Increase Interest Rates by 50 Basis Points in August, According t

Market News

July 27, 2022 - 11:53 AM

According to the most recent research report from Australia and New Zealand (ANZ) banking group anal

RBNZ's Orr: We Are Also Evaluating our Recent Performance in Addition to the Remit Review.

Market News

July 26, 2022 - 12:07 PM

According to Reuters, Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr stated on Tuesday that

US Dollar: A Demonstrable Move to a More Supportive Fed is Required for a Tactical Selloff, According to Goldman Sachs

Market News

July 26, 2022 - 12:03 PM

Prior to this week's FOMC policy meeting, Goldman Sachs economists provide their forecast on the US

Moody's Lowers its Predictions for US and European Economic Growth

Market News

July 26, 2022 - 11:43 AM

“As the energy crisis continues, "our baseline predictions anticipate that persistently high energy

Fix for USD/CNY: 6.7483 Versus Latest Closure of 6.7520

Market News

July 26, 2022 - 11:35 AM

The People's Bank of China (PBOC) fixed the Yuan (CNY) at.7483 in today's most recent transaction, V

According to a Reuters Poll, the BOE Will Increase Interest Rates by 25 Basis Points on August 4.

Market News

July 26, 2022 - 11:32 AM

According to the most recent Reuters poll of economists, the Bank of England (BoE) will probably avo

US Week Ahead: Fed Rate Decision and Q2 GDP Are Key Topics, According to Moody's

Market News

July 25, 2022 - 12:42 PM

The much-anticipated Fed rate hike decision and the anticipated US advance Q2 GDP are both given a d

Former US Treasury Secretary Summers: The Fed Must Move Forcefully to Reduce Inflation

Market News

July 25, 2022 - 12:40 PM

Former Treasury Secretary Lawrence Summers remarked that the US Federal Reserve (Fed) policymakers n

Fix for USD/CNY: 6.7543 Vs 6.7518 At the Previous Closing

Market News

July 25, 2022 - 12:37 PM

The People's Bank of China (PBOC) put the Yuan (CNY) at 6.7543 today in recent activity, up from the

The ECB Will Increase Interest Rates Until Inflation Reaches its 2 Percent Objective Again.

Market News

July 25, 2022 - 12:16 PM

Christine Lagarde, president of the European Central Bank, made these comments in an interview with

Australian Prime Minister Requests that China Lift Its Economic Sanctions Against Australia

Market News

July 25, 2022 - 12:12 PM

Anthony Albanese, the prime minister of Australia, has asked China to lift its economic restrictions

The Significance of OPEC+ Collaboration was Discussed by Saudi Prince Salman and Russian President Putin.

Market News

July 22, 2022 - 12:52 PM

In a phone conversation on Thursday, Russian President Vladimir Putin and Saudi Arabian Prince Moham

Fix for USD/CNY: 6.7522 Versus Anticipated 6.7485

Market News

July 22, 2022 - 12:40 PM

The People's Bank of China (PBOC) set the Yuan (CNY) at 6.7522 today in recent activity, vs an estim

China's SAFE: Yuan Exchange Rate Remarkably steady Despite the Strength of the US dollar.

Market News

July 22, 2022 - 12:36 PM

The State Administration of Foreign Exchange (SAFE), China's FX supervisor, commented on the currenc

US Military Warned that Her Jet "Might Get Shot Down," According to House Speaker Pelosi.

Market News

July 22, 2022 - 12:27 PM

According to many Taiwanese media outlets, US House Speaker Nancy Pelosi intimated on Thursday that

New Zealand Weekly Wrap: ANZ Focuses on Inflation

Market News

July 22, 2022 - 12:21 PM

The Australia and New Zealand Banking Group (ANZ) analysts provide a concise summary of the major de

Fix for the USD/CNY: 6.7620 Vs a Forecast of 6.7609

Market News

July 21, 2022 - 12:41 PM

The People's Bank of China (PBOC) pegged the Yuan (CNY) at 6.7620 in today's recent transaction, aga

Risks to the Price Forecast are Currently More Favorable to the Upside, But Will Eventually be Fairly Balanced.

Market News

July 21, 2022 - 12:38 PM

The Bank of Japan (BOJ) stated in its quarterly outlook report that "risks to price outlook skewed t

When It Comes to the Possibility of a Recession, US Commerce Secretary Raimondo Issues a Warning.

Market News

July 21, 2022 - 12:35 PM

US Commerce Secretary Gina Raimondo issued a warning on Wednesday, saying that the nation's current

BOC's Macklem: Canada's Inflation Will Continue To Be Excruciatingly High

Market News

July 21, 2022 - 12:33 PM

The Governor of the Bank of Canada (BOC), Tiff Macklem, stated that "inflation in Canada is going to

Vice-Premier Sun of China: The Most Recent COVID-19 Control Does Not Involve Laxing Standards

Market News

July 21, 2022 - 12:23 PM

Vice-Premier Sun Chunlan of China, who is in charge of the nation's COVID-19 response, stated on Thu

Atlanta Fed GDP Now for Q2 Falls to -1.6 Percent in the US.

Market News

July 20, 2022 - 11:56 AM

The US economy is projected to fall by 1.6 percent in the second quarter, down from the July 15 pred

Russia to Reopen Nord Steam 1 with Restricted Gas Supply - Reuters

Market News

July 20, 2022 - 11:53 AM

Reuters reported on Tuesday that Russia is anticipated to resume Nord Stream 1 gas flows on Thursday

Coronavirus Update: More Restrictions are Coming as China's New Infections Reach 1000

Market News

July 20, 2022 - 11:51 AM

As China announces more than 1000 new coronavirus cases for the first time since May 20, additional

The PBOC maintains the Lending Prime Rate Duo at 6.7465 Versus the Expectation of 6.7445.

Market News

July 20, 2022 - 11:45 AM

The People's Bank of China (PBOC) set the Yuan (CNY) at 6.7465 today in recent activity, against the

Premier Li of China Indicates Flexibility on the Goal of Economic Growth - Bloomberg

Market News

July 20, 2022 - 11:42 AM

According to Bloomberg, Chinese Premier Li Keqiang indicated a focus on jobs, flexibility about the

Indonesia's Trade Surplus Increased in June, According to UOB

Market News

July 19, 2022 - 12:11 PM

Enrico Tanuwidjaja, an economist with UOB Group, evaluates the most recent trade balance data for In

ECB Preview: A 25 Basis Point Rate Increase and the Introduction of an Anti-Fragmentation Tool

Market News

July 19, 2022 - 12:09 PM

Societe Generale analysts provide a preview of what to anticipate from the European Central Bank's (

Compared to the Estimate of 6.7416 and the Preceding 6.7447, the USD/CNY Fix is 6.7451.

Market News

July 19, 2022 - 12:07 PM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.7451 p

Update on CoronaVirus Cases: China's Infections Rise, Testing Expands in Shanghai

Market News

July 19, 2022 - 12:04 PM

With millions of people once again in lockdown, China's zero-Covid policy hasn't done anything to st

Bullock of the RBA: Wages are beginning to Increase a Little More Swiftly.

Market News

July 19, 2022 - 11:59 AM

The Economic Society of Australia (ESA) is hosting a business lunch in Brisbane, and Michele Bullock

China has Enough Financial Resources to Make Adjustments in H2 - Economic Daily

Market News

July 18, 2022 - 11:44 AM

The Economic Daily stated in its editorial op-ed piece on Monday that "China's monetary policy has a

China Will Accelerate the Implementation of its "Prudent" Monetary Policy, says PBOC Governor Yi

Market News

July 18, 2022 - 11:36 AM

According to Governor Yi Gang of the People's Bank of China (PBOC), "China's economy is under downwa

Morgan Stanley Suggests Shorting the EUR/USD With an Eye Toward 0.9700.

Market News

July 18, 2022 - 11:14 AM

The primary currency pair is expected to touch 0.9700 on the downside, according to Morgan Stanley a

UK: Liz Truss Claims that Sunak's Tax Increase Will Cause a Recession - The Independent

Market News

July 18, 2022 - 10:54 AM

In an interview with The Independent, UK Foreign Minister Liz Truss stated that Britain is expected

On Monday, The PBOC Sets the USD/CNY Reference Rate at 6.7447.

Market News

July 18, 2022 - 10:51 AM

The USD/CNY reference rate was established by the People's Bank of China (PBOC) on Monday at 6.7447

Fix for USD/CNY: 6.7503 Vs the Most Recent Close of 6.7581; Lowest Since June 15

Market News

July 15, 2022 - 11:55 AM

The People's Bank of China (PBOC) set the Yuan (CNY) at 6.7503 today, down from its previous close o

Despite Expectations of a -1.5 Percent Decline, China's GDP Shrank by 2.6 Percent Year Over Year in Q2 2022.

Market News

July 15, 2022 - 11:19 AM

China's annualised GDP for the second quarter of 2022 came in at 0.4 percent, behind expectations of

Wang, the Foreign Minister of China, is willing to Adjust Australia's Relationship.

Market News

July 15, 2022 - 11:06 AM

Wang Yi, China's foreign minister, stated on Friday that there are now chances and difficulties for

China's NBS: In Q2, Economic Pressure Went Up Significantly.

Market News

July 15, 2022 - 11:00 AM

China's National Bureau of Statistics (NBS) issued a statement via Reuters after the publication of

Canada's Freeland: Currently, the Russian-Ukrainian Conflict Poses the Greatest Threat to the World Economy.

Market News

July 15, 2022 - 10:31 AM

According to Reuters, which cited a Western official, Canadian Finance Minister Chrystia Freeland st

Lowest Unemployment Rate Since 1974 Prompts a Surge in RBA Rate Bets - Bloomberg

Market News

July 14, 2022 - 12:03 PM

The unemployment rate in Australia fell to its lowest level in nearly 50 years in June, according to

Fed's Daly: A 100bp Increase is Possible But a 75bp Increase is More Likely for July.

Market News

July 14, 2022 - 12:01 PM

According to the New York Times, San Francisco Federal Reserve Bank President Mary Daly stated on We

USD/CHF Recovers to 0.9880, Which Supports the Options Market's Optimism and Ends a Two-Day Decline.

Market News

July 14, 2022 - 11:57 AM

During Thursday's Asian session, USD/CHF accepts the bids to renew intraday high near 0.9810 and pos

Fix for USD/CNY: 6.7265 Versus Latest Closure of 6.7199

Market News

July 14, 2022 - 11:54 AM

The People's Bank of China (PBOC) fixed the yuan (CNY) at 6.7265 today in recent activity, down from

Japan's Matsuno: Worried About the Recent, Rapid Fall of the Yen

Market News

July 14, 2022 - 11:39 AM

Japanese Chief Cabinet Secretary Hirokazu Matsuno appeared on the wires via Reuters just after the U

The Bank of Korea Increases its Benchmark Interest Rate From 1.75 Percent to 2.25 Percent.

Market News

July 13, 2022 - 11:55 AM

The BoK, the central bank of South Korea, increased its benchmark rate from 1.75 percent to 2.25 per

USD/CNY Fixed at 6.7282 versus 6.7229 at Last Close

Market News

July 13, 2022 - 11:43 AM

The People's Bank of China (PBOC) put the yuan (CNY) at 6.7282 today in recent trade, up from the pr

Accorded to in the RBNZ Minutes, The Committee will continue to Swiftly Lift the OCR.

Market News

July 13, 2022 - 11:39 AM

The Reserve Bank of New Zealand (RBNZ) stated in its minutes, which were made available simultaneous

China Customs: Uncertainty and Instability Plague International Trade

Market News

July 13, 2022 - 11:37 AM

The General Administration of Customs China (GACC) stated that "international trade suffers instabil

Goldman Sachs' Prediction for the BOC is to Act "More Firmly" and Raise the Policy Rate by 75 bps.

Market News

July 13, 2022 - 11:35 AM

The Bank of Canada (BOC) is scheduled to announce its interest rate decision at 1400 GMT on Wednesda

EUR/USD Suggests that 1.0000 - UOB Will Break Down.

Market News

July 12, 2022 - 12:30 PM

Lee Sue Ann and Quek Ser Leang, FX Strategists of UOB Group, predict that EUR/USD may soon revert to

GBP/USD: The Next Level of Support Appears Around 1.1800 - UOB

Market News

July 12, 2022 - 11:50 AM

The GBP/USD exchange rate may test 1.1800 in the coming weeks if there is additional downward moment

China Secures Wugang City After the latest Coronavirus News

Market News

July 12, 2022 - 11:16 AM

China has announced a lockdown on Wugang in Henan Province amid the recent resurgence of covid outbr

Expect New CPI Figures to be Much Increased, According to WH Press Secretary Jean-Pierre.

Market News

July 12, 2022 - 10:51 AM

Karine Jean-Pierre, the press secretary for the White House, informed reporters that she anticipates

Fix for USD/CNY: 6.7287 Versus the Previous Closing of 6.7140

Market News

July 12, 2022 - 10:25 AM

The People's Bank of China (PBOC) put the yuan (CNY) at 6.7287 today in recent trade, up from the pr

0.6200 Hurdle is where the NZD/USD is Leaning Positive Due to Stronger Options Market Signals.

Market News

July 08, 2022 - 01:06 PM

During Friday's Asian session, bulls attacked a three-week-old horizontal barrier near 0.6200, causi

Fix for USD/CNY: 6.7098 as Opposed to the Last Fix of 6.7143

Market News

July 08, 2022 - 01:04 PM

The People's Bank of China (PBOC) pegged the yuan (CNY) at 6.7098 in today's most recent transaction

US President Biden Will Meet with China Officials on Friday to Discuss Next Steps, According to Bloomberg.

Market News

July 08, 2022 - 01:00 PM

Early on Friday, a White House correspondent for Bloomberg News tweeted that US President Joe Biden

According to Societe Generale, the Unemployment Rate in the US will Decrease to 3.5 Percent in June.

Market News

July 08, 2022 - 12:57 PM

Societe Generale analysts give a preview of what to anticipate from the US labour market report that

USD/KRW Increases to 1,300 After South Korea Takes Additional Measures to Reduce Living Expenses.

Market News

July 08, 2022 - 12:53 PM

In order to relieve pressure on people's living expenses, the South Korean Finance Ministry announce

Fix for USD/CNY: 6.7143 as Opposed to the Last Fix of 6.7246

Market News

July 07, 2022 - 12:25 PM

The People's Bank of China (PBOC) pegged the Yuan currency (CNY) at 6.7143 in today's most recent tr

According to Yicai, China's Q2 GDP Increased Probably by 0.9 Percent

Market News

July 07, 2022 - 12:22 PM

According to a survey of economists, the Chinese economy "is estimated to have expanded approximatel

BOJ will Increase its Fiscal 2022 Inflation Forecast to Beyond 2%, According to Jiji

Market News

July 07, 2022 - 12:15 PM

Jiji Press reports that the Bank of Japan (BOJ) is expected to increase Japan's outlook on inflation

Coronavirus Update: A Shutdown in Shanghai is Coming, and Restrictions will be Tightened in Tokyo

Market News

July 07, 2022 - 12:11 PM

Despite rumours that Shanghai city will likely be placed under lockdown, risk sentiment seems to be

Reuters Survey Predicts that the Dollar will Continue to Rule for at Least Three Months.

Market News

July 07, 2022 - 12:09 PM

In light of aggressive Fed rate hike forecasts and demand for safe-haven assets, the US dollar is pr

Fix for the USD/CNY: 6.7246 versus 6.6986 Previously

Market News

July 06, 2022 - 12:22 PM

The People's Bank of China (PBOC) pegged the yuan (CNY) at 6.7246 in today's most recent transaction

China's June CPI could increase by 2.4% due to increasing pig costs - Daily

Market News

July 06, 2022 - 12:17 PM

According to analysts cited by the Securities Daily, China's consumer price index likely increased b

Coronavirus Update: Shanghai Shutdown Worries Persist as Xi is Subject to Restraints

Market News

July 06, 2022 - 12:13 PM

The 13 million-person city of Xi, China, implemented interim control measures for seven days after 1

Vice-Foreign Minister Ma of China is keen to enhance strategic cooperation with Russia.

Market News

July 06, 2022 - 12:09 PM

According to Reuters, Chinese Vice Foreign Minister Ma Zhaoxu told Andrey Denisov, the Russian Ambas

Japanese Official Kihara: G7 Will Debate Cap on Russian Oil Prices

Market News

July 06, 2022 - 11:58 AM

In a statement on Wednesday, Japanese Deputy Chief Cabinet Secretary Seiji Kihara indicated that the

Ex-BOJ Official Kameda Predicts that the Japanese Central Bank Would Increase its Price Forecast.

Market News

July 05, 2022 - 12:37 PM

In light of the steep decrease in the yen, Seisaku Kameda, a former top economist at the Bank of Jap

RBA Raises OCR by 50 Basis points(bps) to 1.35%, as Predicted

Market News

July 05, 2022 - 12:34 PM

The Reserve Bank of Australia (RBA) board members opted to increase the official cash rate (OCR) by

Fix for USD/CNY: 6.6986 as Opposed to the Last Fix of 6.7071

Market News

July 05, 2022 - 12:11 PM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6986 poin

China will Establish a $75 Billion State Infrastructure Fund, According to Reuters

Market News

July 05, 2022 - 12:08 PM

According to Reuters, which cited two people with knowledge of the situation, China is planning to e

This week, the Foreign Ministers of Australia and China will meet in Indonesia

Market News

July 05, 2022 - 12:05 PM

This week, the Chinese Foreign Minister Wang Yi and the Australian Foreign Minister Penny Wong are a

Dollar Down, Spreading Concerns about Growth

Market News

July 04, 2022 - 12:32 PM

On Monday morning in Asia, the dollar declined, but there were only minor changes because market con

Fix for USD/CNY: 6.7071 as Opposed to the Last Fix of 6.6863

Market News

July 04, 2022 - 12:25 PM

The People's Bank of China (PBOC) pegged the Yuan (CNY) at 6.7071 in today's most recent transaction

The PBOC Increases the Scale of the Currency Swap with the HKMA to CNY800 Billion.

Market News

July 04, 2022 - 12:20 PM

In order to support housing mortgages and calm market expectations, the People's Bank of China (PBOC

According to China Press, PBOC is Likely to Lead LPR Lower in H2

Market News

July 04, 2022 - 12:17 PM

According to Reuters, the People's Bank of China (PBOC) stated on Monday that it has increased the s

Former BOJ's mother: The Central Bank Would Maintain its Easy Monetary Policy "For Many Quarters to Come"

Market News

July 04, 2022 - 12:12 PM

According to Kazuo Momma, a former top official in charge of monetary policy at the central bank, th

As Bitcoin Drops Below $19,000, the Cryptocurrency Markets are Further Rattled.

Market News

July 01, 2022 - 01:13 PM

At 2004 GMT on Thursday, Bitcoin was dropped 6.1 percent to $18,866.77, down $1,226.41 from its prev

Holzmann of the ECB: I Would Have Preferred More Rapid Rate Action

Market News

July 01, 2022 - 01:11 PM

"Robert Holzmann, an European Central Bank(ECB) policymaker and fiscal hawk, said in remarks release

RBA will increase rates by 50 basis points in July to make up for lost time, according to a Reuters poll

Market News

July 01, 2022 - 01:09 PM

As it works to contain soaring inflation, Australia's central bank will increase the cash rate by an

Fix for USD/CNY: 6.6863 versus The Previous Closure of 6.7001

Market News

July 01, 2022 - 01:06 PM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6863 poin

USD/INR Price News: The Indian rupee follows Cues from the Options Market to Renew its Record Low Close to 79.20.

Market News

July 01, 2022 - 01:03 PM

The USD/INR currency pair reaches a new record high at 79.20 on Friday during the Asian session, ant

GBP/USD: Improved downside pressure - UOB

Market News

June 30, 2022 - 12:50 PM

According to UOB Group FX Strategists Lee Sue Ann and Quek Ser Leang, the GBP/USD exchange rate may

China's NBS Manufacturing PMI Rose to 50.2 in June versus the Anticipated 50.5

Market News

June 30, 2022 - 12:46 PM

The official purchasing managers' index (PMI) for China's manufacturing sector expanded to 50.2 in J

USD/JPY: Goldman Sachs Advises Going Short in Spot and Owning Downside Structures in Options.

Market News

June 30, 2022 - 12:40 PM

Despite the recent rise of the major currency pair, Goldman Sachs (GS) maintains its pessimistic vie

PBOC Fixes the USD/CNY Reference Rate at 6.7114 points on Thursday

Market News

June 30, 2022 - 12:30 PM

On Thursday, the People’s Bank of China(PBOC) fixed the USD/CNY reference rate at 6.7114 points in c

Saudi Arabia May Increase Petroleum Prices in August to Almost Record Levels in Asia.

Market News

June 30, 2022 - 12:25 PM

According to Reuters, the main oil exporter in OPEC, Saudi Arabia, prices of light crude grades to A

Suzuki: It's Difficult to Gauge the Effects of Russia's Defaulting on its Debt

Market News

June 28, 2022 - 12:22 PM

Shunichi Suzuki, the finance minister of Japan, stated on Tuesday that it was "a little difficult" t

PBOC Governor Yi: Instead of Cutting Interest Rates, Policy Assistance Strives to Increase Lending.

Market News

June 28, 2022 - 12:20 PM

People's Bank of China (PBOC) Governor Yi Gang stated that the central bank's monetary policy suppor

JP Morgan Predicts that Global Growth Would Pick Up to 3.1% in the Second Half of 2022.

Market News

June 28, 2022 - 12:18 PM

Contrary to common belief, JP Morgan dispels concerns about a recession and anticipates a recovery i

ECB's Historic Decision to Maintain Support for the EUR - Goldman Sachs

Market News

June 28, 2022 - 12:15 PM

According to Goldman Sachs strategists, hawkish ECB forecasts would likely keep the single currency

Fix for USD/CNY: 6.6930 Versus the Previous Closing of 6.6940

Market News

June 28, 2022 - 12:11 PM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6930 poin

Oil Production in Ecuador Might Stop completely in 48 Hours, According to the Energy Minister.

Market News

June 27, 2022 - 12:47 PM

Xavier Vera-Grunauer, Ecuador's energy minister, issued a warning on Sunday, stating that if protest

IMF Downgrades US GDP Growth for 2022 to 2.9% and Warns that the Window for Avoiding a Recession is Closing.

Market News

June 27, 2022 - 12:40 PM

IMF Managing Director Kristalina Georgieva stated in an annual evaluation of US economic policy over

Bloomberg Economics Reports that China's Economy Recovered in June from a Lockdown-Related Dip.

Market News

June 27, 2022 - 12:37 PM

After the Bank for International Settlements (BIS) projected dangers for a worldwide stagflationary

China's GDP is Anticipated to Increase by 4.7 percent this Year, Falling Short of the Aim of 5.5 percent, According to P

Market News

June 27, 2022 - 12:19 PM

According to a statement released on Monday by Wang Yiming, a member of the People's Bank of China's

image-caption

Market News

June 27, 2022 - 12:12 PM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6850 in c

For the Second Consecutive Month, Japan's Consumer Inflation in May Exceeded the BOJ Target.

Market News

June 24, 2022 - 11:45 AM

According to data released on Friday, Japan's annual core consumer inflation exceeded the central ba

China Should be Cautious of Hazards in the Real Estate Sector, According to Herald

Market News

June 24, 2022 - 11:39 AM

According to an editorial in the 21st Century Business Herald that cited research from the Bank for

UK: Labour and the Lib Dems defeat the Conservative Party in by-elections.

Market News

June 24, 2022 - 11:35 AM

As a result of voting in Wakefield, Tiverton, and Honiton, the UK's ruling Conservative Party lost t

Inflation's Effect on Consumer Morale in Japan will be Constantly Monitored, According to Kihara

Market News

June 24, 2022 - 11:00 AM

In a statement on Thursday, Seiji Kihara, the deputy chief cabinet secretary of Japan, said, "We sho

USD/CNY Fixed: 6.7000 Against Expected 6.6964

Market News

June 24, 2022 - 10:57 AM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.7000 poin

A Verbal Intervention from South Korea Caused the USD/KRW to Fluctuate Near 1,300

Market News

June 23, 2022 - 12:41 PM

The South Korean government's efforts to boost the South Korean won temporarily aided the struggling

US Inflation Predictions Fall to the Fresh Four-Month Low at 2.54%.

Market News

June 23, 2022 - 12:38 PM

By the close of Wednesday's North American session, US inflation expectations—as measured by the 10-

image-caption

Market News

June 23, 2022 - 12:18 PM

China President Xi Jinping promised to accomplish economic goals for the year despite the nation dea

Former FX Interventionist for Japan: The Economy is Suffering from the Current Weak Yen.

Market News

June 23, 2022 - 12:15 PM

Former Japanese vice Finance Minister for International Affairs Takehiko Nakao issued a statement on

Fix for USD/CNY: 6.7079 Versus an Expected 6.7046

Market News

June 23, 2022 - 12:11 PM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate (CNY) at 6.7

Australian Treasurer Chalmers: Inflation in 2022 is Likely to Worsen Before Improving

Market News

June 22, 2022 - 12:50 PM

The Reserve Bank of Australia (RBA) should raise interest rates before Christmas, according to Austr

Boushey, a WH Economist, is Confident that a Recession Can be Avoided.

Market News

June 22, 2022 - 12:48 PM

At a late-Tuesday Washington Post (WaPo) event, White House (WH) economist Heather Boushey expressed

BOE: The Pound is Expected to Fall in the Next Weeks, According to Goldman Sachs.

Market News

June 22, 2022 - 12:45 PM

In light of the Bank of England's (BOE) monetary policy divergence with those of its international p

Dramatic Forex Moves are not Good, According to a Japanese Official

Market News

June 22, 2022 - 12:02 PM

The Japanese authorities' scolding continues, with an anonymous official stating on Wednesday that s

USD/CNY fix: 6.7109 vs. 6.7060 Expected

Market News

June 22, 2022 - 11:59 AM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate at 6.7109 po

Lowe of the RBA: Expect to talk around 25 or 50 basis points at the July meeting.

Market News

June 21, 2022 - 01:25 PM

"High inflation is biting into peoples' actual incomes," Reserve Bank of Australia (RBA) Governor Ph

In H2, China's LPR still has room to fall — Herald

Market News

June 21, 2022 - 12:43 PM

The 21st Century Business Herald claimed, citing analysts, that "China's financial regulators are an

Japan’s Suzuki: Worried About the Latest Sharp Yen Currency Depreciation

Market News

June 21, 2022 - 12:39 PM

Japan's Finance Minister, Shunichi Suzuki, carries on his opinion about the anxiety over the peak de

Before Deciding on a Large Rate Hike, BOK Chief Rhee says He Needs to keep an Eye on Inflation and the Foreign Exchan

Market News

June 21, 2022 - 11:53 AM

On Tuesday, the South Korean New Central Bank Governor Rhee Chang-yong said that, "Before determinin

PBOC Fixes the USD/CNY Reference Rate at 6.6851 Points

Market News

June 21, 2022 - 11:49 AM

On Tuesday, the People’s Bank of China (PBOC) fixed the USD/CNY reference rate at 6.6851 points in c

5The PBOC retains the 1-year Loan Prime Rate at 3.70 percent, while the AUD/USD remains modestly bid.

Market News

June 20, 2022 - 12:57 PM

During Monday's announcement, the People's Bank of China (PBOC) held its major monetary policy rates

China is expected to increase by around 3% in the second quarter, according to The Paper

Market News

June 20, 2022 - 12:52 PM

According to Yao Jingyuan, former chief economist and spokeswoman for the National Bureau of Statist

BOJ is willing to buy an unlimited number of 5- and 10-year JGBs

Market News

June 20, 2022 - 12:48 PM

The Bank of Japan (BOJ) promised to buy limitless sums of 5- and 10-year Japanese Government Bonds o

South Korean’s Fiance Minister : Will Act on the Forex market (FX) if mandatory

Market News

June 20, 2022 - 12:45 PM

Choo Kyung-ho, South Korea's Finance Minister, stated on Monday that the country would take the nece

On Monday, the PBOC established the USD/CNY reference rate at 6.7120

Market News

June 20, 2022 - 12:41 PM

On Monday, the People’s Bank of China (PBOC) fixed the USD/CNY reference rate at 6.7120 points in co

BOJ Maintains Dovish Language while Maintaining its Policy Bias Guidance

Market News

June 17, 2022 - 01:00 PM

The Bank of Japan (BOJ) stated in its policy statement that it has maintained its policy bias guidel

As the BOJ Maintains its Policy, the USD/JPY Rises Beyond 134.00

Market News

June 17, 2022 - 12:52 PM

On Friday, the Bank of Japan (BOJ) monetary policy board has winded up its 2-day June policy review

The head of the World Trade Organization (WTO) has urged countries to accept a "unprecedented package" of trade agreemen

Market News

June 17, 2022 - 12:08 PM

“As a major meeting stretched into its second day of overtime, the World Trade Organization (WTO) Ch

Finance Minister Suzuki of Japan: "We are closely monitoring the impact of changes in US monetary policy."

Market News

June 17, 2022 - 12:04 PM

On Friday, Japanese Finance Minister Shunichi Suzuki said, “We must closely monitor the impacts of t

On Friday, PBOC Fixes USD/CNY Reference Rate at 6.6923 Points

Market News

June 17, 2022 - 11:58 AM

On Friday, the People’s Bank of China (PBOC) fixes the USD/CNY reference rate at 6.6923 points in co

On positive options market signals, the GBP/USD is leaning bullish towards 1.2200, with the BOE keeping close watch on i

Market News

June 16, 2022 - 01:02 PM

GBP/USD maintains its post-Fed advances while picking up bids in the direction of the recent peak at

By June 21, the US Department of Energy has sought a meeting with refiners to discuss prices.

Market News

June 16, 2022 - 12:59 PM

According to Reuters, the US Department of Energy has sought a meeting with refiners to discuss pric

China Press – PBOC Probably Keeps Loan Prime Rate(LPR) Unchanged this Month

Market News

June 16, 2022 - 11:54 AM

The People’s Bank of China (PBOC) probably keeps the benchmark loan prime rate (LPR) unchanged next

Japan's Matsuno: Observing the impact of the Fed's interest rate hike on the Japanese and global economies

Market News

June 16, 2022 - 11:50 AM

On Thursday, the Japanese Chief Cabinet Secretary, Hirokazu Matsuno, said that the officials are kee

PBOC Fixes USD/CNY Reference Rate at 6.7099

Market News

June 16, 2022 - 11:44 AM

On Thursday, the People’s Bank of China (PBOC) fixed the USD/CNY currency pair reference rate at 6.7

PBOC Fixes USD/CNY Reference Rate at 6.7518.

Market News

June 15, 2022 - 12:01 PM

On Wednesday, the People’s Bank of China (PBOC) fixed the USD/CNY reference rate at 6.7518 points

4.	The PBOC injects CNY200 billion through a one-year MLF with a 2.85 percent interest rate

Market News

June 15, 2022 - 11:59 AM

On Wednesday, the People’s Bank of China (PBOC) added CNY200 billion through a one-year medium-term

China's Industrial Output Surprisingly Increased by 0.7 percent in May, and Retail Sales Exceeded Expectations.

Market News

June 15, 2022 - 11:56 AM

May Retail Sales YoY in China were -6.7 percent, down from -7.1 percent predicted and -11.1 percent

China’s NBS: Economic Recovery Still Faces many Hurdles and Challenges

Market News

June 15, 2022 - 11:53 AM

China’s National Bureau of Statistics (NBS) released a statement through Reuters expressing their in

Japan’s Hirokazu Matsuno : Will Take the Right Action on the Forex market (FX) if Necessary

Market News

June 15, 2022 - 11:50 AM

On Wednesday, Japanese Chief Cabinet Secretary Hirokazu Matsuno repeated that the officials would ta

White House Official: US headline inflation will rise due to increasing gas costs.

Market News

June 10, 2022 - 12:17 PM

On late Wednesday, a White House official told Fox News that they expect headline inflation to rise

Citibank believes that the worst of the US consumer price inflation has past

Market News

June 10, 2022 - 12:16 PM

Across the developed countries, consumer rates have been rapidly increasing nowadays when compared t

Shanghai has ordered the closure of eight city districts due to new outbreaks of the Coronavirus

Market News

June 10, 2022 - 12:13 PM

A week after alleviating the COVID-19 outbreaks-induced limitations, the financial hub of China's Sh

NZ RBNZ will continue to be an inflation-fighting bank, according to Finance Minister Robertson.

Market News

June 10, 2022 - 12:11 PM

Currently, New Zealand’s Finance Minister, Grant Robertson, is on the wires through Reuters and is p

USD/CNY fix: 6.6994 vs. 6.6920 last close

Market News

June 10, 2022 - 11:35 AM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6994 poin

In July, the RBNZ will begin a five-year withdrawal from its QE bond holdings.

Market News

June 09, 2022 - 12:05 PM

According to Bloomberg reports, “the Reserve Bank of New Zealand (RBNZ) said on Thursday that it wil

May's Trade Balance in China: Surpluses on exports soar

Market News

June 09, 2022 - 12:00 PM

In Yuan terms, China's Trade Balance for May came in at CNY502.89 billion, compared to CNY443.88 pro

image-caption

Market News

June 09, 2022 - 11:58 AM

According to the Chinese media agency Caixin, “The Shanghai city is beefing up its COVID control eff

Treasury Secretary Janet Yellen says the Biden administration wants to make China tariffs more'strategic.'

Market News

June 09, 2022 - 11:35 AM

On Wednesday, US Treasury Secretary Janet Yellen told lawmakers that President Joe Biden's administr

USD/CNY Fix: 6.6811 vs 6.6850 (the last day’s closed value)

Market News

June 09, 2022 - 11:32 AM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate (CNY) at 6.6811

The UOB-EUR/USD pair has now entered a stable phase.

Market News

June 07, 2022 - 11:44 AM

UOB Group’s Lee Sue Ann and Quek Ser Leang Forex market (FX) Strategists said that the EUR/USD pair

Reserve Bank of Australia (RBA): 50 basis points (bps) Over Time, the rise will help with the return of inflation to tar

Market News

June 07, 2022 - 11:41 AM

According to Reuters, the Reserve Bank of Australia (RBA) released the monetary statement and here a

USD/JPY Pair: Japan's Intervention Risks Appear to be Limiting the Upside Potential – Goldman Sachs

Market News

June 07, 2022 - 11:30 AM

Goldman Sachs analysts assume that the bullish potential in the USD/JPY currency pair appears to be

Excess FX volatility and chaotic FX moves will harm the economy- Japan’s Suzuki

Market News

June 07, 2022 - 11:27 AM

Earlier on this Tuesday, the Japanese Finance minister, Shunichi Suzuki, said, "Overabudance Forex m

USD/CNY Fix: 6.6649 vs 6.6544 ( The Last Day’s Closed Value)

Market News

June 07, 2022 - 11:24 AM

In today’s new trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6649 poin

5.	A weak yen is beneficial to Japan's economy if the movements are not too abrupt and stable – Japan’s Kuroda

Market News

June 06, 2022 - 01:24 PM

While commenting on the Bank of Japan’s (BOJ) Governor, Haruhiko Kuroda said that, "If movements are

Coronavirus Update: China’s Capital City Beijing to Slowly Lift the Limitations this Week

Market News

June 06, 2022 - 12:50 PM

On Monday, the Dine-In-Service will start in Beijing. "Kick starts the normal work.

image-caption

Market News

June 06, 2022 - 12:46 PM

Scotiabank economists believe the Reserve Bank of Australia (RBA) will raise interest rates by 0.25%

An Even Recovery for the Chinese Economy – Goldman Sachs

Market News

June 06, 2022 - 12:13 PM

Goldman Sachs analysts provide their point of view on the Chinese economy, in spite of its emergency

USD/CNY Fix: 6.6691 vs 6.6600 (The Last Day’s Close Value)

Market News

June 06, 2022 - 12:10 PM

In today’s current trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate (CNY) at 6.

Must Manage an Easy Policy to construct an Economic Environment where Wages can Increase more.

Market News

June 03, 2022 - 01:06 PM

According to Reuters, on early Friday, the Bank of Japan (BOJ) Governor, Haruhiko Kuroda, said that

UOB-EUR/USD pair should clear 1.0800 points to permit additional gains.

Market News

June 03, 2022 - 01:01 PM

UOB Group Strategists Lee Sue Ann and Quek Ser Leang noted above the 1.0800 level, the EUR/USD is ex

Goldman Sachs  - Developing Markets to Gain on Dollar Peak

Market News

June 03, 2022 - 11:07 AM

According to Goldman Sachs Group analysts, the major countries' stocks, currencies, and bonds will r

NFP: US Economy Probably Adds 225K Jobs in May -Reuters

Market News

June 03, 2022 - 11:04 AM

Goldman Sachs analysts provide a view on what they anticipate from Friday’s United States (US) nonfa

The US restriction on Xinjiang goods will'severely disrupt' ties, according to China's Foreign Ministry.

Market News

June 03, 2022 - 11:01 AM

On late Thursday, China’s Foreign Ministry spokesman Zhao Lijian warned that the United States of Am

BoJ’s Adachi - Japan is just halfway to meeting the Bank of Japan's pricing target.

Market News

June 02, 2022 - 02:36 PM

On Thursday, the Bank of Japan (BOJ) board member, Seiji Adachi, said in a statement that Japan is s

Saudi Arabia is prepared to pump additional oil if Russian supply declines as a result of the ban – Financial Times

Market News

June 02, 2022 - 02:34 PM

The Saudi Arabian oil minister has told western allies that it is willing to increase oil production

Will take Necessary Steps to Safeguard Authenticity of the Energy Markets – Australia’s Energy Minister Bowen

Market News

June 02, 2022 - 10:58 AM

Australia’s current energy minister, Chris Bowen, made a few comments on the domestic gas security t

Japan’s Matsuno Proposes a JPY1000 Minimum Wage Increase

Market News

June 02, 2022 - 10:55 AM

On Thursday, Japan’s Chief Cabinet Secretary, Hirokazu Matsuno, said that the government is willing

USD/CNY Fix: 6.7095 Vs 6.6858 (the last day’s closed value)

Market News

June 02, 2022 - 10:41 AM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate (CNY) at 6.7

BOK’s Lee Seung: Must Remain Cautious on Market Volatility amid Continuous Tensions over Inflation Abroad.

Market News

June 01, 2022 - 02:31 PM

After the five-day Lunar New Year holiday, the Bank of Korea (BOK) Vice Governor Lee Seung-heon held

Chinese advisor- Beijing should Maintain Debt Levels Manageable

Market News

June 01, 2022 - 01:16 PM

On Wednesday, a senior faculty member of the Institute of Finance and Banking at the Chinese Academy

Reuters-China Acknowledges that it conducted Military Operations near Taiwan this Week.

Market News

June 01, 2022 - 01:02 PM

According to Reuters on Wednesday, China acknowledged that it has conducted the second-largest invas

China’s Zero COVID Plan Poses Threats to the Economy – Australian Treasurer Jim Chalmers

Market News

June 01, 2022 - 12:59 PM

Following the release of the March Quarter GDP values, the Australian Treasurer, Jim Chalmers, com

USD/CNY Fix: 6.6651 vs 6.6720 (The Last Day’s Closed Value)

Market News

June 01, 2022 - 12:56 PM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency rate (CNY) at 6.6

For the May 31 NY cut, the Forex Market(FX) option expires

Market News

May 31, 2022 - 01:15 PM

The Forex Market (FX) option expires for May 31st New York (NY) cut at 10:00 Eastern time, through D

Update on the Coronavirus: Shanghai appears to be returning to normalcy

Market News

May 31, 2022 - 12:40 PM

From June 1st, the Shanghai city authorities plan to relax the COVID-virus-induced activity restrict

"My approach to combat inflation," says US Vice President Joe Biden. — Wall Street Journal

Market News

May 31, 2022 - 11:42 AM

The US president, Joe Biden, in an editorial story in the Wall Street Journal (WSJ), defined a three

China's Cabinet announces a range of reforms aimed at bringing the economy back into balance.

Market News

May 31, 2022 - 11:36 AM

Reuters reported, citing the Chinese documents. China's cabinet released a list of policies for the

USD/CNY fix: 6.6607 vs. 6.6615 previous close

Market News

May 31, 2022 - 10:36 AM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan (CNY) currency rate at 6.6

President Xi says China would always be a good friend to Pacific island nations.

Market News

May 30, 2022 - 01:32 PM

The Chinese president, Xi Jinping, said in the China-Pacific foreign ministers meeting that, "China

On Tuesday, US Vice President Joe Biden will meet with Federal Reserve Chairman Jerome Powell

Market News

May 30, 2022 - 12:45 PM

According to the reports, the United States of America (USA) president will probably meet with Fed C

Update on the Corona virus: Shanghai is set to lift the lockdown, while Beijing stays hopeful.

Market News

May 30, 2022 - 12:03 PM

On Wednesday, Asian markets were cheered by the news that China had ended the lockdown in Shanghai c

Japan's Prime Minister, Yoshihiko Kishida, expects the BOJ to work hard to meet its inflation objective

Market News

May 30, 2022 - 11:25 AM

On Monday, Japanese Prime Minister Fumio Kishida said that his government anticipates that the Bank

USD/CNY fix: 6.7048 vs. 6.6980 last close

Market News

May 30, 2022 - 10:48 AM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan (CNY) currency at 6.7048 p

image-caption

Market News

May 27, 2022 - 06:10 PM

On Friday, Bloomberg reported that the USA and Taiwan were planning to announce mutual economic talk

6.7387 USD/CNY fix (est 6.7314; prev 6.6766)

Market News

May 27, 2022 - 06:07 PM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.7387 p

Russia's Novak: By 2022, oil output will have shrunk by 8.4%.

Market News

May 27, 2022 - 05:31 PM

On late Thursday, Russian Deputy Prime Minister Alexander Novak said that the country’s oil producti

Kuroda of the Bank of Japan: Inflation will not rise steadily or sustainably until wage increases are also implemented.

Market News

May 27, 2022 - 11:42 AM

More remarks from Bank of Japan Governor Haruhiko Kuroda are coming in, as he now discusses the cent

Japan's Prime Minister, Yoshihiko Kishida, says the country's currency will be stabilised

Market News

May 27, 2022 - 11:38 AM

On Friday, Japan's Prime Minister Fumio Kishida spoke on wires via Reuters, and he said that the lat

The Forex Market (FX) Option Expires on May 25th NY Cut

Market News

May 26, 2022 - 02:26 PM

The Forex Market (FX) option closure for the May 25th New York (NY) cut is at 10:00 Eastern time, th

The People's Bank of China (PBOC) has urged banks to enhance lending to small and medium-sized businesses (SMEs).

Market News

May 26, 2022 - 01:12 PM

The People’s Bank of China (PBOC) released a statement through Reuters in which the PBOC insisted ba

Peisch, US Trade Representative: Review of US-China Tariffs Will Take 'Months'

Market News

May 26, 2022 - 12:29 PM

On Wednesday, the United States Trade Representative General Counsel Greta Peisch said at an event h

Coronavirus data: Beijing reports 45 new cases, and Shanghai's port is back up to 95 percent capacity

Market News

May 26, 2022 - 11:52 AM

Beijing, China's COVID-affected capital, increased its grip on the virus, aiming for zero community

USD/CNY Fix : 6.6766 (Predicted 6.6742 ; prior 6.6550)

Market News

May 26, 2022 - 11:34 AM

In today's recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.6766 p

Around 1.0645, EUR/USD sees strong resistance — UOB

Market News

May 23, 2022 - 03:15 PM

Forex Market(FX) Strategists of the UOB Group Quek Ser Leang and Peter Chia said that in the coming

USD/CNY fix: 6.6756 compared. 6.6934 expected and 6.748 before

Market News

May 23, 2022 - 02:48 PM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan (CNY) currency at 6.6756 p

The relationship between Australia and China will continue challenging, according to new Australian Prime Minister Alban

Market News

May 23, 2022 - 01:29 PM

On Monday, Australia’s new Prime Minister, Anthony Albanese, said that the alliance between Australi

New covid cases have been reported in Beijing, reigniting fears of a lockdown

Market News

May 23, 2022 - 01:03 PM

An earlier report mentioned that the Shanghai district is required to close all shops and residents

China should emphasise stabilising growth by restoring normal order, according to an ex-PBOC adviser.

Market News

May 23, 2022 - 11:47 AM

The Economic Weekly reported, quoting Yu Yongding, a former advisor to the People’s Bank of China (P

Overall, Yen Depreciation Benefits Japan – IMF Official

Market News

May 20, 2022 - 03:40 PM

According to Reuters, an official from the International Monetary Fund (IMF) stated on a Friday morn

Indonesia: BI is expected to be put on hold next week — UOB

Market News

May 20, 2022 - 02:35 PM

At its meeting in the upcoming week, UOB Group Economist Lee Sue Ann advocates that the Bank of Indo

New Zealand's Treasury predicts that the economy would avoid recession in 2023.

Market News

May 20, 2022 - 01:22 PM

The New Zealand’s Treasury Department, in its recent report, anticipated that the economy would slow

China's 5-year LPR is 15 basis points lower

Market News

May 20, 2022 - 12:14 PM

China sets a one-year loan prime rate of 3.70%, up from 3.70% a month ago. A month prior, China fix

USD/CNY fix: 6.7487 vs. 6.7524 previously.

Market News

May 20, 2022 - 11:53 AM

In today’s recent forex trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.

Robertson, New Zealand's Finance Minister: The economy is projected to be strong in the near future.

Market News

May 19, 2022 - 04:01 PM

On Thursday, while presenting the annual budget, New Zealand (NZ) Finance Minister Grant Robertson s

EUR/USD is currently trading between 1.0390 and 1.0560 — UOB

Market News

May 19, 2022 - 03:34 PM

Considering the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, “As of now, t

China's growth prediction for 2022 has been lowered to 4% YoY from 4.5 percent, according to Goldman Sachs

Market News

May 19, 2022 - 02:16 PM

Goldman Sachs has lowered its China GDP forecast for 2022 to 4% from 4.5 percent YoY, and the Q2 est

2.	USD/CNY fix: 6.7524 vs. 6.7510 forecast

Market News

May 19, 2022 - 02:07 PM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.7524 i

Shanghai will resume work in zero-COVID regions in early June, according to a report.

Market News

May 19, 2022 - 01:11 PM

On Thursday, Shanghai’s Deputy Mayor, Zhang Wei, announced plans to gradually reopen public transpor

In the midst of the UK's worst cost-of-living crisis, the Bank of England is expected to raise interest rates more aggre

Market News

May 18, 2022 - 03:10 PM

The Reuters poll conducted on May 12-17 asked when the cost of living concerns will rise to their pe

USD/CNY fix: 6.7421 vs. 6.7854 previously.

Market News

May 18, 2022 - 02:39 PM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan (CNY) currency at 6.7

Update on the Coronavirus: Shanghai authorities have allowed several financial firms to continue operations

Market News

May 18, 2022 - 01:08 PM

Reuters reports that on Wednesday, Shanghai city authorities released a new white list that consists

Evans of the Federal Reserve: The central bank is likely to boost rates above neutral.

Market News

May 18, 2022 - 12:33 PM

Chicago Fed President Charles Evans sustained his comments on the central bank’s monetary policy whi

Reuters reports that the US is considering blocking Russian debt payments.

Market News

May 18, 2022 - 12:10 PM

As per the reports by Reuters, "The United States of America (USA) is thinking about blocking Russia

EUR/USD: Bets on a 1.0340 breakdown are dwindling — UOB

Market News

May 17, 2022 - 03:11 PM

The Forex Market (FX) strategists from UOB Group, Lee Sue Ann and Quek Ser Leang, said that the poss

USD/CNY fix: 6.7854, up from 6.7871 previously

Market News

May 17, 2022 - 02:49 PM

In today’s latest trade, the People’s Bank of China (PBOC) fixed the Yuan currency (CNY) at 6.7854 p

Suzuki, Japan's Finance Minister, is keeping a close eye on the impact of foreign exchange on the economy.

Market News

May 17, 2022 - 02:23 PM

According to Reuters, Japan’s Finance Minister Shunichi Suzuki has not identified any difference bet

BOJ's Amamiya: It's critical to keep the current aggressive easing going to support the economy and people's livelihoods

Market News

May 17, 2022 - 12:53 PM

As per Reuters, the Bank of Japan (BoJ) Deputy Governor Masayoshi Amamiya said that, "Since the acqu

China's State Planner: The economy is under pressure from all sides

Market News

May 17, 2022 - 12:18 PM

According to Reuters, on Tuesday, China’s spokeswoman, Meng Wei, said in a press conference that, "I

GBP/USD: 1.2140 appears to be the next support level — UOB

Market News

May 16, 2022 - 02:49 PM

Further decline in the GBP/USD should encounter support around 1.2140 in the coming weeks, according

The AUD/USD is currently expected to test 0.6800 - UOB

Market News

May 16, 2022 - 01:40 PM

Further downward momentum, according to UOB Group FX Strategists Quek Ser Leang and Lee Sue Ann, cou

Kuroda of the Bank of Japan: It's critical to support economic activity through aggressive monetary easing.

Market News

May 16, 2022 - 01:01 PM

On Monday, the Bank of Japan (BOJ)’s Governor, Haruhiko Kuroda, stated that, "In recent times, we ha

Spokesman for the China Statistics Bureau: Economic activities are expected to improve in May

Market News

May 16, 2022 - 12:02 PM

The National Bureau of Statistics (NBS) has made the above comments only after watching the downbeat

image-caption

Market News

May 16, 2022 - 11:31 AM

During Monday’s session, the Shanghai City Official stated that, "Among 16 districts in Shanghai Cit

USD/JPY pair to fix challenge at 135.15 high – CIBC

Market News

May 13, 2022 - 03:55 PM

Currently, all the global central banks are on the verge of tightening their monetary policies excep

The breach of critical support around 0.6230 is a bearish technical development for the New Zealand dollar – ANZ

Market News

May 13, 2022 - 03:20 PM

According to the ANZ Bank Report's, "the NZD/USD pair went at its week, day, and year lows this morn

Corona virus News:  Shanghai plans to loosen up and relax traffic restrictions after the end of May.

Market News

May 13, 2022 - 02:40 PM

On Friday, the Deputy Mayor of China’s Shanghai City, Wu Qingat, said in a statement that, "By mid-M

Japan’s Suzuki: A Weakening Yen Boosts Exports but Raises Import Prices

Market News

May 13, 2022 - 01:23 PM

In a telephonic interview with Reuters, Japan’s Finance Minister Shunichi Suzuki said that they will

Japan’s Suzuki: We'll keep a Close Eye on Foreign Exchange and Price Movements

Market News

May 13, 2022 - 12:39 PM

Japan’s Finance Minister, Shunichi Suzuki, commented on the latest Yen currency moves. He said that

Inflation expectations in New Zealand rose in Q2, but Kiwis remained unchanged

Market News

May 12, 2022 - 02:20 PM

New Zealand’s (NZ) inflation forecasts keep assuming higher across the time curve in the second quar

Japan, China, and South Korea are concerned about the consequences of the Russia-Ukraine conflict.

Market News

May 12, 2022 - 01:00 PM

On this Thursday, Japan, China, and South Korea’s financial leaders passed a joint statement that st

The EU’s closest strategic alliance in Asia is Japan, said by the EU’s Michel

Market News

May 12, 2022 - 12:26 PM

Japan is the EU's (European Commission) closest strategic alliance in Asia," said European Council P

The EU's von der Leyen expresses gratitude to Japan for redirecting LNG supply to Europe "at a most critical time."

Market News

May 12, 2022 - 11:46 AM

While referring to the Russian war, the European Commission (EU) president, Ursula von der Leyen, th

PBOC’s Chen: Will Upgrade Fiscal Support for the Positive  Economy

Market News

May 12, 2022 - 11:20 AM

On Thursday, the central bank's Deputy Governor, Chen Yulu, said in a press conference that the Peop

India's GDP growth projection for FY2023 and FY2024 has been lowered by Morgan Stanley

Market News

May 11, 2022 - 04:12 PM

Economists at Morgan Stanley stated in their recent report that they have marked down India’s gross

The koruna will be affected by the announcement of a new CNB governor - ING

Market News

May 11, 2022 - 03:37 PM

As per the economists at ING report, "It’s going to be a very big day for the Czech Republic Bank."

Dombrovskis: EU members may still reach a conclusion on the Russian oil embargo.

Market News

May 11, 2022 - 03:16 PM

In contrast to Russia, the European Union (EU) Commissioner for trade and executive Valdis Dombrovsk

The euro will stay under pressure due to fears of a eurozone energy crisis, according to Commerzbank

Market News

May 11, 2022 - 02:32 PM

Despite the war, the gas pipelines are still working and shipping the Russian fuel via Ukraine throu

Credit Suisse expects EUR/USD to stabilise around 1.0485 ahead of additional decline.

Market News

May 11, 2022 - 01:26 PM

Credit Suisse report economists said that, "The EUR/USD currency pair maintains its long-standing ch

EUR/HUF: The gravity line will remain at 378 for the next three months — ING

Market News

May 10, 2022 - 05:22 PM

Since the end of mid-April at around 370, the EUR/HUF pair has faced significant headwinds. ING Econ

Commerzbank - EUR/USD should remain in its current trading range of 1.05-1.06

Market News

May 10, 2022 - 04:32 PM

According to Commerzbank economists, the EUR/USD currency pair will trade in the 1.05-1.06 range, wh

8.	Commerzbank - The USD/INR is rising, with the RBI unable to arrest the rupee's decline

Market News

May 10, 2022 - 03:53 PM

On Monday, the Indian rupee fell below the latest record low of just under 77.50 points against the

GBP/USD: A dip below 1.2200 is still possible — UOB

Market News

May 10, 2022 - 03:21 PM

Considering the opinion of the Forex market (FX) strategists at UOB Group Lee Sue Ann and Quek Ser L

For the May 10 NY cut, the FX option expires

Market News

May 10, 2022 - 02:42 PM

For the May 10th NY Cut, the Forex Market (FX) option concludes by 10:00 Eastern Time through DTCC.

The EUR/USD pair remains at 1.0470 - UOB

Market News

May 10, 2022 - 01:41 PM

UOB Group Forex Market (FX) Strategists at UOB Group Lee Sue Ann and Quek Ser Leang watched the EUR/

USD/CHF eases off two-year highs despite moderately optimistic options market signals

Market News

May 10, 2022 - 01:18 PM

USD/CHF currency rates are holding under pressure around the intraday low and below 0.22% in a day h

USD/CNY fix: 6.7134 vs. 6.7323 last close

Market News

May 10, 2022 - 12:53 PM

In today’s present trade, the People’s Bank of China (PBOC) fixes the Yuan currency (CNY) at 6.7134

BOJ’s Uchida: With the current powerful monetary easing, the economy must continue to be supported.

Market News

May 10, 2022 - 12:27 PM

The Central Bank’s Executive Director of Monetary Policy, Shinichi Uchida, said on Tuesday that "The

Japan’s Suzuki: Currency stability is vital, but quick movements are bad.

Market News

May 10, 2022 - 11:48 AM

On Tuesday, Japan's finance minister, Shunichi Suzuki, repeated that "Forex market (FX) stability is

ING expects the US Dollar Index to rise further unless US CPI data is considerably worse than predicted.

Market News

May 09, 2022 - 06:02 PM

Currently, the US Dollar Index (DXY) is trading at its peak level since 2000. When this week’s US Ap

The April Trade Balance in China: Mixed data fails to strengthen the Australian dollar

Market News

May 09, 2022 - 06:01 PM

The Chinese trade balance for the April month, in Yuan Currency (CNY) terms, came out as CNY 325.08

Medinsky: Peace discussions with Ukraine are still ongoing and are being held remotely

Market News

May 09, 2022 - 05:58 PM

We have not stopped the peace negotiation with Ukraine, but it is being held remotely, said the Russ

Inflation will be here "for years," says ex-Haldane. BOE's

Market News

May 09, 2022 - 05:55 PM

Inflation could exceed the 10% target and last for years," warned former Bank of England (BOE) Chief

Premier Li worries of a "severe" job problem as covid lockdowns loom.

Market News

May 09, 2022 - 05:39 PM

The Chinese COVID lockdowns began to exert significant pressure on the Chinese labour market. Keepin

We will begin to raise interest rates in July, sooner or later: ECB’s Olli Rehen

Market News

May 09, 2022 - 05:26 PM

While speaking in an interview in Austria, the European Central Bank (ECB) governing council m

PBOC: Will maintain a reasonable spectrum of economic operations

Market News

May 09, 2022 - 02:28 PM

The People’s Bank of China (PBOC) in its recent Q1 monetary policy implementation report said that i

USD/CNY fix: 6.6899 vs. 6.6651 last close

Market News

May 09, 2022 - 01:27 PM

In today’s recent trade (i.e., on May 9), the People’s Bank of China (PBOC) fixed the Yuan currency

image-caption

Market News

May 09, 2022 - 12:41 PM

The US dollar continues its winning stroke prior to the release of the key US CPI data this week, wh

Should grab Russian reserves to rebuild Ukraine, says EU's Borrell

Market News

May 09, 2022 - 12:23 PM

In Monday’s Financial Times (FT) interview, the European Union’s foreign policy chief, Josep Borrell

For the May 6 NY cut, the FX option expires.

Market News

May 06, 2022 - 04:52 PM

For the May 6th NY cut, the Forex Market (FX) option expires at 10:00 Eastern time through DTCC. It

The BOE's Pill: There are dangers on both sides of the economic outlook.

Market News

May 06, 2022 - 04:00 PM

In a CNBC interview on Friday, Bank of England (BOE) Chief Economist Huw Pill said, "The vital messa

EUR/USD to fall approaching parity by the end of the year — Nordea

Political News

May 06, 2022 - 03:41 PM

In 2016, the EUR/USD pair fell below 1.05 levels for the very first time. Nordea economists predict

The outlook for the UK is bleak, according to Commerzbank.

Market News

May 06, 2022 - 02:33 PM

As per the economists' Commerzbank report, the GBP/USD pair dropped near to 1.26 points and fell to

In March, German industrial production fell 3.9 percent MoM, vs a forecast of -1.0 percent.

Market News

May 06, 2022 - 02:16 PM

The official data displayed on Friday showed that the manufacturing sector activity is slowly shrink

In the short term, the AUD/USD has a mixed outlook – UOB

Market News

May 06, 2022 - 12:58 PM

UOB Group FX Strategists Peter Chia and Quek Ser Leang said that now, amidst the ongoing mixed econo

As payrolls loom, the dollar is destined for its fifth winning week, thanks to a hawkish Fed.

Market News

May 06, 2022 - 12:12 PM

On Friday, when compared to its main competitors, the US dollar consequently jumped to the fifth wi

Japan: Monetary tightening threatens debt dynamics in the medium term – Fitch Ratings

Market News

May 06, 2022 - 11:56 AM

Friday’s Fitch ratings from the latest reports suggest that "the rising bond yields with an anticipa

USD/CNY fix: 6.6332 vs. 6.6535 previous close, lowest since Nov 5 2020

Market News

May 06, 2022 - 11:38 AM

In today’s recent trade, the People’s Bank of China (PBOC) fixed the Yuan (CNY) currency at 6.6332.

NFP to rise by 300K in April, according to Goldman Sachs

Market News

May 06, 2022 - 11:27 AM

Goldman Sachs analysts provide a preliminary study of what you should predict from Friday’s US nonfa

The EUR/USD is expected to decline closer to and below parity as a result of the disruption in gas supplies, according t

Market News

May 05, 2022 - 04:51 PM

The adverse economic effects of the Russian-Ukraine war crisis are having a heavy impact on the Euro

Westpac predicts that the NZD/USD will continue to fall towards 0.6375.

Market News

May 05, 2022 - 04:36 PM

As per the economists at Westpac report, "Kiwi’s one-month old decline movement can be prolonged up

The zloty should be unaffected by Poland's rate hike of 100 basis points -Commerbzank

Market News

May 05, 2022 - 04:15 PM

The Polish central bank is likely to increase policy rates by 100 basis points (bps) to beat the ris

For the May 5th NY cut, the FX option expires.

Market News

May 05, 2022 - 03:15 PM

The FX option expires on May 5th at 10:00 a.m. Eastern Time, as reported by DTCC.

Norges Bank will remain on hold, with little influence on the krone, according to ING.

Market News

May 05, 2022 - 02:53 PM

As per the ING economists' reports, today the Norges Bank is going to announce the monetary policy.

In the third quarter, the USD/CNY will reach a high of 6.80, according to SocGen.

Market News

May 05, 2022 - 02:36 PM

Societe Generale Economists never expected the Yuan currency to depreciate in such a disorderly mann

The Bank of England(BoE) may lower interest rate expectations, causing the pound to plummet – Commerbzank

Market News

May 05, 2022 - 01:28 PM

Is there any possibility that the Bank of England (BoE) could speed up things and increase the key r

China sees a light of hope, as instances in Shanghai have decreased and Beijing's population has remained stable – Coron

Market News

May 05, 2022 - 01:03 PM

After a four-day holiday break, the Chinese traders are finally back in their markets with some good

PBOC: Developing incremental policy measures to help the economy grow steadily.

Market News

May 05, 2022 - 12:47 PM

Everyone knows that the recent outbreak of the corona virus has created negative waves in the Chines

Panetta, ECB: Acting on rates before viewing Q2 data would be imprudent.

Market News

May 05, 2022 - 12:26 PM

Before analyzing the Q2 data, it would be improper to react to the rates said by the European Centra

EUR/NOK: Commerzbank expects Norges Bank's rate decision to be broadly neutral for the krone.

Market News

May 04, 2022 - 03:39 PM

On Thursday, Norges Bank will disclose its interest rate decision. According to Commerzbank economis

AUD/USD: China's gloomy outlook will keep the Aussie in the 0.72-0.73 range — ING

Market News

May 04, 2022 - 03:16 PM

The Reserve Bank of Australia's (RBA) shock hike to a 25 basis point (bps) rate has steered Australi

The GBP/USD is expected to break through the 1.25 barrier on a consistent basis, according to ING.

Market News

May 04, 2022 - 02:53 PM

This morning, the GBP/USD pair fell below 1.25 for the third time in the last three sessions. Simila

The Dollar has Limited Downside Risks as the Fed Prepares to Raise – ING

Market News

May 04, 2022 - 02:23 PM

The US dollar is on stable footing as the Federal Reserve (Fed) prepares to increase interest rates.

The US Dollar will Gain Profit in the Short Term From the Fed’s Rate Decision

Market News

May 04, 2022 - 01:09 PM

According to Commerzbank economists, the US Federal Reserve will most likely raise its key rate by 5

The Bank of England's clear hawkish decision will help to reverse the pound's negative perception - Credit Suisse

Market News

May 04, 2022 - 12:51 PM

The Bank of England (BoE) is largely expected to raise the base rate by 25 basis points at its meeti

USD/JPY may be consolidating currently, according to UOB.

Market News

May 04, 2022 - 12:35 PM

As per the opinion of the FX Strategists at UOB Group, Lee Sue Ann and QuekSerLeang; in the next few

Inflation Forecasts in the United States Have Risen from a Three-Week Low ahead of the FOMC meeting.

Market News

May 04, 2022 - 12:16 PM

By the close of Tuesday's US session, the US inflation predictions, as measured by the 10-year break

The EUR/USD justifies the options market's hesitation ahead of the Fed meeting.

Market News

May 04, 2022 - 11:16 AM

The EUR/USD currency pair flops to continue yesterday’s recovery movements and stays within the week

image-caption

Market News

May 04, 2022 - 10:58 AM

According to Scotiabank analysts, "A half-point raise in the fed funds target range to 0.75 percent–

In March, the unemployment rate in the Eurozone fell to 6.8%, down from 6.7 percent predicted.

Market News

May 03, 2022 - 03:57 PM

According to the data published by Eurostat, "In February, the eurozone unemployment rate was 6.9%,

EUR/USD: This week could see a decisive break below 1.05 — ING

Market News

May 03, 2022 - 03:11 PM

ING Economists reported that, currently, the EUR/USD currency pair struggles to reside above the key

Sterling is expected to fall as a dovish repricing throughout the GBP curve after the Bank of England's rate announce

Market News

May 03, 2022 - 02:59 PM

The pound is likely to stabilize before the commencement of the Bank of England (BoE) meeting on Thu

Breaking news: The RBA raises the OCR by 25 basis points to 0.35 percent, sending the AUD/USD soaring beyond 0.7100.

Market News

May 03, 2022 - 01:30 PM

At the May 3rd monetary policy meeting, the Reserve Bank of Australia (RBA) decided to increase the

For quite some time, Australians have been anticipating the price hike announced by the Prime Minister, Morrison.

Market News

May 03, 2022 - 01:03 PM

Australia’s prime minister , Scott Morrison, speaks in response to the Reserve Bank of Australia's (

With all eyes on the RBA, Australia's 10-year Treasury yields are flirting with a seven-year high.

Market News

May 03, 2022 - 12:41 PM

As Aussie traders are counting on the Reserve Bank of Australia's (RBA) monetary policy meeting, the

image-caption

Market News

May 03, 2022 - 12:19 PM

Governor Phillip Lowe presents the following vital headlines from the May RBA monetary policy statem

Fed: Indicators of how quickly policy rates will be raised to neutral – Barclays

Market News

May 03, 2022 - 11:57 AM

With an increase of 50 basis points(bps) rate from Wednesday’s FED policy decision, the Barclays res

More Russian banks

Market News

May 03, 2022 - 11:02 AM

According to the European Union’s top diplomat, Josep Borrell, "In the banking field, more Russian b

Stronger EUR/USD could carry GBP/USD back to the 1.2570/2600 area – ING

Market News

April 29, 2022 - 05:13 PM

ING economists and the robust eurozone Consumer Price Index (CPI) data quote that the cable has grow

USD/IDR: Indonesia's ban on palm oil exports will put downward pressure on the rupiah Natixis

Market News

April 29, 2022 - 04:52 PM

The Russian-Ukraine war has already created negative waves in the global economy, and now an unexpec

USD/RUB: Any relaxing of rules for domestics could lead to a weakening of the rouble, according to ING.

Market News

April 29, 2022 - 04:17 PM

Today, the consensus anticipates a 200 bps Russian rate cut. Besides, the Forex market (FX) will kee

USD/RUB: Commerzbank expects the rouble to weather the interest rate drop.

Market News

April 29, 2022 - 04:01 PM

At a meeting scheduled today, Russia’s central bank is widely anticipated to cut the policy interest

China's Politburo: The economy is becoming more uncertain and complex - State Media

Market News

April 29, 2022 - 03:16 PM

On early Friday, the Chinese replied to the comments from the Politburo, which said that they are ta

According to a Reuters poll, the RBA is expected to raise rates to 0.25 percent on May 3rd.

Market News

April 29, 2022 - 01:15 PM

As per the Reuters poll of 32 economists, "The Reserve Bank of Australia (RBA) will likely increase

More shocks are anticipated to 'test the economy,' according to US Treasury Secretary Janet Yellen.

Market News

April 29, 2022 - 12:47 PM

Currently, the Russia-Ukraine war and the coronavirus pandemic are the two biggest challenges to a g

USD/JPY: Unless the BOJ reviews the YCC settings, the yen will continue to weaken, according to Goldman Sachs.

Market News

April 29, 2022 - 12:12 PM

Goldman Sachs analysts stated that, despite the dovish Bank of Japan (BOJ), the Japanese yen currenc

China's 'zero' covid policy will be maintained, despite an increase in instances in Shanghai.

Market News

April 29, 2022 - 11:27 AM

The Global Times, China’s highly powerful news media, reports that the China’s National Health Commi

USD/CNY fix: 6.6177 vs. 6.6127 Estimate

Market News

April 29, 2022 - 10:49 AM

The estimated Yuan’s currency (CNY) is 6.6127 and, currently, the People’s Bank of China set the Yua

USD/JPY falls dramatically after a Japanese official says recent foreign exchange fluctuations are "very concerning."

Market News

April 28, 2022 - 06:19 PM

The recent Forex market (FX) moves are immensely fretting, "said an official from Japan's finance mi

No major European firms have begun paying for Russian gas in roubles.

Market News

April 28, 2022 - 06:03 PM

On Thursday, Reuters said, "The big European companies are not willing to pay money for Russian gas

Russia's actions in Ukraine is causing significant misery, according to the ECB Economic Bulletin.

Market News

April 28, 2022 - 05:30 PM

"According to the European Central Bank (ECB), Russia's war against Ukraine is causing heavy economi

For the April 28th NY cut, the FX option expires.

Market News

April 28, 2022 - 05:16 PM

On April 28th, New York (NY) cut, the Forex market (FX) option expires at 10:00 Eastern time through

Senior EU official: Gas payments in euros cannot be considered full until they are exchanged into RUB.

Market News

April 28, 2022 - 04:46 PM

Earlier today, the Financial Times (FT) reported that "the energy companies in Germany, Austria, Hun

China's Commerce Ministry: Tariffs would be eliminated in the interests of US businesses and consumers.

Political News

April 28, 2022 - 04:19 PM

On Thursday, the spokesman for the commerce minister, Geo Fang, told the online media, "In the face

The dollar's bull run is poised to continue, with the DXY closing over 104 to give the rally further impetus - ING.

Market News

April 28, 2022 - 01:33 PM

The dollar is set to rise dramatically as a result of global events. The dollar's boom in 2022 may w

The USD/JPY crosses 130.00 for the first time in almost two decades, as the BOJ maintains its dovish stance.

Market News

April 28, 2022 - 01:06 PM

For the first time in 20 years, the USD/JPY pair has accelerated the bull points and jumped above 13

Financial-Times-EU-Energy-Companies-are-planning-to-pay-for-Russian-Gas-in-Roubles

Market News

April 28, 2022 - 12:40 PM

According to the financial time reports, the energy companies from Germany, Austria, Hungary, and Sl

BOJ to preserve all the YCC settings Unchanged – BofA

Market News

April 28, 2022 - 12:22 PM

Amid the recent developments in the Yen currency, Bank of America (BofA) analysts are keen to provid

USD/CNY fix: 6.5628 vs. 6.5615 previous close

Market News

April 28, 2022 - 12:08 PM

The People’s Bank of China (PBOC) set the Chinese Yuan at 6.5628 today, up from the previous close o

Suzuki of Japan: Rapid yen movements are unfavourable.

Market News

April 28, 2022 - 11:34 AM

Japan’s Finance Minister, Shunichi Suzuki, speaks about the recent fall of the yen currency.

image-caption

Market News

April 27, 2022 - 04:44 PM

"It's Russia’s another attempt to blackmail us with gas via Gazprom’s announcement," said European C

The dollar's risk profile remains biassed to the upside, according to ING.

Market News

April 27, 2022 - 04:32 PM

Economists at ING report say that "the dollar's strength isn't going anywhere. The dollar has likely

Commerzbank: the zloty and forint will face significant pressure as Russia turns off the initial gas taps.

Market News

April 27, 2022 - 02:57 PM

According to the Commerzbank report, "Russia decided to stop the gas line supply to Poland. As a res

The bar is high for Riksbank to deliver on hawkish expectations, hence EUR/SEK is trending upward - Credit Suisse

Market News

April 27, 2022 - 02:18 PM

Although the risks for EUR/SEK remain on the upside, the threshold for the Riksbank (the central ban

A comprehensive Russian oil embargo would be'manageable,' according to Germany's Habeck.

Market News

April 27, 2022 - 02:11 PM

Prior to the invasion of Ukraine, the share of Russian oil in Germany’s imports was 35%, but now it

The FX option for the April 27th New York cut expires.

Market News

April 27, 2022 - 01:21 PM

The FX option for the New York (NY) cut will expire on April 27th at 10:00 Eastern time through DTCC

Goldman Sachs predicts tactical relief for the euro, propelling EUR/GBP higher.

Market News

April 27, 2022 - 11:57 AM

Goldman Sachs analysts paint a positive picture of the euro, offering some relief to bulls while pre

image-caption

Market News

April 27, 2022 - 11:51 AM

On Wednesday, the Chinese officials in Shanghai City said, "The lockdowns will be removed in those d

Despite covid lockdowns, China's President Xi is striving to beat the US in GDP growth – WSJ

Market News

April 27, 2022 - 10:32 AM

According to the Wall Street Journal story, "Despite the continuous COVID lockdowns and slow economi

The ECB's Kazaks expect the first rate hike in July.

Market News

April 26, 2022 - 05:49 PM

On Tuesday, the European Central Bank’s (ECB) policymaker, Martins Kazaks, announced that he would

Japan PM Fumio Kishida: A Relief Package will Relieve the Pressure of Increased Prices of Raw Materials.

Market News

April 26, 2022 - 05:27 PM

On Tuesday, Japan's prime minister, Fumio Kishida, announced an emergency relief package of JPY13.2

Gold Price Prediction: More falls are Expected in XAUUSD

Market News

April 26, 2022 - 05:24 PM

According to FXStreet’s Dhwani Mehta, "After a three day turmoil, gold prices are expected to recove

Gold Price Prediction: XAUUSD would only give up its rally if it falls below $1,780-$1,763 — DBS Bank

Market News

April 26, 2022 - 04:58 PM

Gold is down 4.7 percent from its all-time high of $1,998 set in mid-April. The sustained decrease i

Bank of Japan(BOJ) is willing to purchase unlimited number of JBG’s at 0.25% interest rate

Market News

April 26, 2022 - 02:34 PM

The Bank of Japan (BOJ) is willing to buy an unlimited number of 10-year Japanese Government Bonds (

UK’s Rishi Sunak: Despite global economic challenges, we are adhering to our fiscal standards.

Market News

April 26, 2022 - 02:22 PM

On Tuesday, the United Kingdom’s Chancellor said that the British government is keeping an eye on im

The Downside Threats Dominate the EUR/USD currency pairs – Commerzbank

Market News

April 26, 2022 - 01:32 PM

At present, the COVID restrictions and constant lockdowns in China, the Russia and Ukraine wars, and

Suzuki of Japan is keeping a close eye on the consequences of yen depreciation.

Market News

April 26, 2022 - 01:31 PM

Japanese Finance Minister Shunichi Suzuki emphasises that "the government will have a close look at

The EU is considering imposing a cap on the price paid for Russian oil as a means of squeezing Kremlin income – Financia

Market News

April 26, 2022 - 12:53 PM

According to the Financial Times (FT), the European Union (EU) member states are hesitant to announc

The European Central Bank (ECB) will raise interest rates by 25 basis points in July, according to Goldman Sachs.

Market News

April 26, 2022 - 11:49 AM

The slowdown of the economy, low cost policy normalization, which led to renewed sovereign pressures

IMF:  The Bank of Japan will be more accommodating than the Federal Reserve and the European Central Bank.

Market News

April 26, 2022 - 10:42 AM

The International Monetary Fund (IMF) of Asia states that "as the inflation rates are still lower in

Morgan Stanley has lowered its prediction for China's GDP growth in 2022 to 4.2 percent.

Market News

April 26, 2022 - 10:33 AM

Morgan Stanley, the US multinational investment bank and wealth management company, mentioned that "

USD/IDR: 14,470 - UOB is the next target on the upswing

Market News

April 26, 2022 - 10:30 AM

As per the UOB Group’s Global Economics & Markets Researcher, Quek Ser Leang, suggests that the USD/

China’s State Council Takes Additional Steps to Promote Consumption Potential

Market News

April 26, 2022 - 10:11 AM

China's State Council has proposed new efforts to promote consumer potential and assure a long-term

Morgan Stanley forecasts a 2.7 percent growth rate in the Eurozone in 2022, down from a previous forecast of 3%.

Market News

April 26, 2022 - 10:02 AM

Mogan Stanley analyses the Euro Zone GDP growth for the years 2022 and 2023 in the latest note publi

FX News Today: On risk aversion, the dollar rise gains momentum

Market News

April 26, 2022 - 09:37 AM

On Friday, August 25, 2022, the most recent Forex news will be released. The slowdown of the global

Commerzbank-Euro Strengthens after the Anti-European Macron Wins the French Elections.

Political News

April 26, 2022 - 09:31 AM

The anti-European Macron's victory over Marine Le Pen for the second time, with a margin of 58.5% of

If some of the ECB's anticipated rate hikes are priced in, the EUR/USD will fall - ABN Amro

Market News

April 26, 2022 - 09:26 AM

The outperformance of the US economy must have a direct impact on the EUR/USD currency pair's downfa

The EU is considering “Smart Sanctions” against Russian Oil Imports Latest News

Market News

April 25, 2022 - 02:53 PM

The heavy spread of COVID in China has directly impacted crude oil prices. Now, it is under pressure