Category forex

BOJ Expected To Raise Rates To 1%

BOJ to raise policy rate to 1% on Tuesday The BOJ is expected to raise its policy rate 25bp to 1.00% at Tuesday's meeting, the highest level in 31 years. This move would be the first since December 2025. A 25bp hike with unchanged forward guidance is the most likel

China Sets Yuan Reference Rate

PBOC sets USD/CNY mid-point at 6.8108 The People's Bank of China set the USD/CNY mid-point at 6.8108. This reference rate allows the yuan to fluctuate within a +/- 2% range. The set rate is higher than the estimated 6.7605, and may impact currency markets.<