PBOC sets USD/CNY reference rate at 6.8650 vs. 6.8635 previous The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8650 compared to the previous day's fix of 6.8635 and 6.8294 Reuters... PBOC sets USD/CNY reference
EUR/USD holds gains above 1.1700 on US-Iran ceasefire extension The EUR/USD pair gathers strength to around 1.1710 during the early Asian session on Thursday. EUR/USD holds gains above 1.1700 on US-Iran ceasefire extension The EUR/USD pair gathers strength to around 1.1710
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. The People’s Bank of China is due to set the daily USD/CNY
Australian Dollar gains traction as Trump extends Iran ceasefire, Australian PMIs rebound into expansion The AUD/USD pair gains momentum near 0.7155 during the early Asian session on Thursday. Australian Dollar gains traction as Trump extends Iran ceasefire, Australian PMI
South Korea’s Q1 GDP rose 1.7% q/q and 3.6% y/y (exp. 2.7%, prev. 1.6%), beating forecasts. South Korea’s Q1 GDP rose 1.7% q/q and 3.6% y/y (exp. 2.7%, prev. 1.6%), beating forecasts. Growth was driven by a 5.1% surge in exports led by semiconductors, highlighting strong A
Summary: Gold edges higher after hitting a two-week low, with bargain-hunting emerging Iran tensions persist as maritime incidents and US blockade continue Ceasefire extension tempers immediate escalation and oil shock risks Dollar direction remains key driver, competing with...<
USD/IDR: Valuations support rupiah stability – MUFG MUFG’s Senior Currency Analyst Lloyd Chan argues that while geopolitical risks stay elevated, valuation metrics such as REER now show meaningful Rupiah undervaluation versus the US... USD/IDR: Valuations support rupiah st
GBP/USD holds near 1.35 as UK PMIs and retail sales loom GBP/USD was little changed on Wednesday, settling close to 1.3510 after a choppy session that reached 1.3540 in London hours before fading toward 1.3490. GBP/USD holds near 1.35 as UK PMIs and retail sales loom GBP/U
USD/JPY steadies ahead of Japan CPI and US PMIs USD/JPY was little changed on Wednesday, hovering close to 159.50 in a narrow session after Tuesday's push to 159.64. USD/JPY steadies ahead of Japan CPI and US PMIs USD/JPY was little changed on Wednesday, hovering close to
USD/JPY was little changed on Wednesday, hovering close to 159.50 in a narrow session after Tuesday's push to 159.64. USD/JPY was little changed on Wednesday, hovering close to 159.50 in a narrow session after Tuesday's push to 159.64. Price has been confined between 159.1