European Central Bank (ECB) policymaker Robert Holzmann said on Tuesday that “the ECB should pause further interest rate cuts until at least September.” Additional quotes We…
The Reserve Bank of New Zealand is widely expected to cut rates by another 25bp to 3.25% tonight (announcement at 04:00am CET). The Bank will…
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1876 as compared to the previous…
NZD/USD gains momentum to near 0.6000 in Tuesday’s early Asian session. Investors remain concerned over the mounting US national deficit, which weighs on the US…
NZD/USD appreciates as the US Dollar extends its losses amid growing US-debt concerns. The US deficit could increase by $3.8 billion if Trump’s “One Big…
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1833 as compared to Friday’s fix…
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1919 as compared to the previous…
The Japanese Yen attracted some dip-buyers following upbeat domestic data. BoJ rate hike bets and reviving safe-haven demand also lend support to the JPY. The…
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1903 as compared to the previous…
UK CPI climbs to 3.6% YoY in April, well above BoE’s 2% inflation target. Core inflation accelerates to 3.8%, raising doubts over future rate cuts.…