PBOC sets USD/CNY reference rate at 6.8680 vs. 6.8854 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8680 compared to the previous day’s fix of 6.8854 and 6.8369 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, […]
Gold (XAU/USD) Price Forecast: Resistance Test Builds Breakout Pressure – FXEmpire
Gold (XAU/USD) Price Forecast: Resistance Test Builds Breakout Pressure FXEmpire Source link
US stock futures rally over 2% as Trump, Iran tout two-week ceasefire
US stock futures rally over 2% as Trump, Iran tout two-week ceasefire Source link
Iran confirms US negotiations, says ceasefire hinges on finalising 10-point proposal
An Iranian official stated that it has accepted a two-week ceasefire after US President Donald Trump said he would suspend attacks, subject to Tehran agreeing to fully reopen the Strait of Hormuz. Iran added that negotiations with the US will be held in Islamabad, Pakistan, to finalize details, aiming to confirm Iran’s battlefield achievements politically within […]
UBS loses bid to limit liability for Nazi-linked crimes, US judge’s ruling shows
UBS loses bid to limit liability for Nazi-linked crimes, US judge’s ruling shows Source link
Gold Price Forecast: XAU/USD Suffers Historic Reversal After Record Run – Is the High In? – FOREX.com
Gold Price Forecast: XAU/USD Suffers Historic Reversal After Record Run – Is the High In? FOREX.com Source link
Sideways as Hormuz risks linger – OCBC
OCBC strategists Christopher Wong and Sim Moh Siong note that Asian FX, including South Korean Won (KRW), has traded slightly firmer on hopes of de-escalation in the Middle East, but stresses that geopolitics remains the key driver. They argue that any further relief rally in Asian FX will depend on concrete details around a potential […]
