Forex
COSCO shares slump 8% on Trump’s fee proposal
China COSCO Shipping Corporation Limited shares down 8%In response to Trump's proposed fees on the use of China’s built commercial ships that transport...
Gold Price Forecast: XAU/USD attracts some sellers below $2,950 on profit-taking
Gold price (XAU/USD) drifts lower to near $2,925 during the Asian trading hours on Monday.
PBOC sets USD/ CNY reference rate for today at 7.1717 (vs. estimate at 7.2495)
The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi...
PBOC sets USD/CNY reference rate at 7.1717 vs. 7.1696 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1717 as compared to...
GBP/USD climbs back above mid-1.2600s, closer to over two-month peak touched on Friday
The GBP/USD pair kicks off the new week on a positive note and climbs above mid-1.2600s during the Asian session, closer to over...
EUR/USD back above 1.05 – euro catching a bid from German election results
I posted earlier on the German Federal election outcome:Euro rises in early Asian trade after German conservatives win electionandGermany election - Complicated coalition...
USD/JPY back under 149.00
The fears of plunging JGBs that triggered yen selling on Friday have dissipated:Bank of Japan not too worried about grind higher in JGB...
China unveils rural revitalisation plans in annual policy blueprint
China unveiled the State Council’s annual rural policy blueprint for 2025, known as the “No.1 document” on Sunday, outlining the priorities for further...
China to deepen rural reforms further, move to accelerate rural revitalization
China releaesed its "No. 1 central document" for 2025 on Sunday.This is the first policy statement released by China's central authorities each year,...
AUD/USD gains traction above 0.6350 on weaker US Dollar
The AUD/USD pair edges higher to near 0.6370 during the early Asian session on Monday.