Safe-haven demand lifts the US Dollar as US-Iran negotiations remain uncertain, pressuring the British Pound ahead of key US jobs data. The GBP/USD pair fell to 1.3425 in early Asian trading Tuesday, driven by heightened demand for the safe-haven US Dollar amid uncertainty
PBOC sets USD/CNY reference rate above Reuters estimate, signaling potential easing in currency support amid policy objectives. The People’s Bank of China set the daily USD/CNY reference rate at 6.7917, weaker than Monday’s fix of 6.7898 and above the 6.7595 Reuters estima
China’s central bank set the daily yuan fixing stronger than expected, signaling potential support amid currency volatility. The People’s Bank of China set the USD/CNY reference rate at 6.7917, above the 6.7595 estimate from traders. The move allows the yuan to trade withi
Geopolitical risks in the Middle East bolster the US Dollar, pushing EUR/USD to a third day of losses near 1.1500. EUR/USD extended its decline for a third consecutive session, trading near 1.1500 in Asian hours as the US Dollar strengthened amid rising Middle East uncerta
Japan and the US spent $34 billion in coordinated currency intervention last week, signaling readiness for further action to support the Yen. The USD/JPY pair fell to around 157.40 in early Asian trading on Tuesday as the Japanese Yen strengthened following rare joint inte
PBOC to set daily USD/CNY rate at 6.7595 The People’s Bank of China sets the daily USD/CNY reference rate to guide market expectations. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours.
The pair rebounds from daily lows near 0.8056 after US-Japan FX intervention and upbeat US economic reports lift demand. The USD/CHF rose 0.27% to 0.8100 on Monday, recovering from a session low of 0.8056. The move followed coordinated FX intervention by US and Japanese au
Japan's ruling party approved a food tax cut plan The plan cuts the food consumption tax from 8% to 1% for two years. The tax cut is part of a larger fiscal package that includes ¥600 billion in cash transfers to low- and middle-income households. The lack of a c
Traders await New Zealand’s Q2 labor data, with wage growth and unemployment key for RBNZ policy expectations. NZD/USD holds near 0.5870, consolidating last week’s gains as the USD recovers from stronger-than-expected US ISM manufacturing data. The July ISM print rose to 5
HSBC maintains a bullish dollar outlook, citing widening rate differentials and strong US economic data as key drivers. The US dollar is poised to extend gains as widening interest rate differentials and resilient economic growth underpin its strength. The Fed’s shift from
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.