Friday , 31 January 2025

Forex

Forex

US retail sales data for February due Thursday – the ranges to watch

The consensus expectations are in the screenshot below. The ranges to watch:Retail Sales m/m 0.2% to 1.1%For the PPI y/y 1.1% to 1.2%and...

Forex

Taiwan Central Bank Governor concerned over electricity price inflation chain reaction

Taiwan Central Bank Governor in inflation: We are concerned potential electricity price hikes will result in a chain reaction effect on inflation expectationsWe'll...

Forex

Japanese Yen consolidates against USD as investors await BoJ policy move

The Japanese Yen (JPY) struggles to gain any meaningful traction during the Asian session on Thursday and remains confined in the previous day's...

Forex

Australian Dollar expands gains on hawkish RBA, ASX 200 declines on lower banking shares

The Australian Dollar (AUD) continues to advance for the second consecutive day on Thursday.

Forex

European Central Bank speakers on Thursday include Schnabel, Knot, de Cos, de Guindos

European Central Bank speakers ahead today:930 GMT / 0530 US Eastern time: Bank of Spain governor and ECB policymaker Pablo Hernandez de Cos...

Forex

PBoC sets USD/CNY reference rate at 7.0974 vs. 7.0930 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.0974 as compared to...

Forex

PBOC sets USD/ CNY central rate at 7.0974 (vs. estimate at 7.1875)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...

Forex

USD/CAD drifts lower to 1.3470, investors await US Retail Sales data

The USD/CAD pair trades in negative territory for a second consecutive day during the early Asian session on Thursday.

Forex

The FOMC meets next week – “more hawkish” is a meaningful risk

I posted earlier on the risk of a more hawkish view from the Federal Reserve next week:The Federal Open Market Committee (FOMC) meet...

Forex

PBOC is expected to set the USD/CNY reference rate at 7.1875 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for...