Thursday , 27 February 2025

Forex

Forex

PBoC leaves Loan Prime Rates unchanged, as expected

The People's Bank of China announced on Wednesday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.

Forex

PBoC sets USD/CNY reference rate at 7.0968 vs. 7.0985 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0968 as compared to...

Forex

USD/CAD gains momentum above 1.3570, eyes on Fed rate decision

The USD/CAD pair gains momentum above the mid-1.3500s during the early Asian trading hours on Wednesday.

Forex

China sets 1 and 5 year LPR rates unchanged, as expected

1-year Loan Prime Rate 3.45%expected and prior of 3.45%5-year Loan Prime Rate 3.95%expected and prior 3.95%the 5-year was cut in February: PBoC’s largest...

Forex

PBOC sets USD/ CNY mid-point today at 7.0968 (vs. estimate at .71967)

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

China PBoC Interest Rate Decision meets forecasts (3.45%)

China PBoC Interest Rate Decision meets forecasts (3.45%)

Forex

Morgan Stanley Wealth Management cite BOJ tightening pivot as a risk to US equites

The CIO of Morgan Stanley Wealth Management says that there is a likelihood of further Bank of Japan policy tightening to come. "This...

Forex

Estimates are that drone strikes have taken out 900,000 bpd Russian oil refining capacity

Source for the 900,000 barrels a day estimate is from this piece here:JPMorgan Chase, meanwhile, estimated the Ukrainian attacks had taken about 900,000...

Forex

China and Australia foreign ministers meeting: Two economies are complementary

Chinese foreign minister Wang Yi met Australia's foreign affairs minister Penny Wong on Tuesday.

Forex

PBOC is expected to set the USD/CNY reference rate at 7.1967 – 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...