Trade tariffs under a potential Trump 2.0 pose a risk to exports, a crucial driver of growth. However, trade diversion through countries like Vietnam and Mexico could help offset the
After a meeting with US National Security Adviser Jake Sullivan in Beijing, China's President Xi Jinping reiterated China's dedication to a stable relationship based on win-win cooperation. Key Quotes from
China's Central Bank Sets USD/CNY Central Rate at 7.1216, What Does This Mean for Investors? In a move that has caught the attention of investors worldwide, the People's Bank of
August saw the People's Bank of China (PBoC) maintaining the medium-term lending facility (MLF) rate at 2.3%, following a 20bp reduction in July. The central bank also withdrew a net
As the world's top investment manager and financial market journalist, I am here to bring you the latest update on the US Dollar (USD) movement. According to UOB Group FX
Title: PBOC Sets USD/CNY Central Rate for Monday Trading Session at 7.1139 The People’s Bank of China (PBOC) has announced the USD/CNY central rate for the upcoming trading session on
According to UOB Group FX analysts Quek Ser Leang and Lee Sue Ann, the US Dollar (USD) is forecasted to trade within a range of 7.1150 and 7.1450, with a
As the world's leading investment manager and financial market journalist, I am here to provide you with the latest insights on the currency market. According to Commerzbank’s FX strategist Tommy
As the world's leading investment manager and financial market journalist, I bring you the most up-to-date analysis of the NZD/USD pair. Despite its modest intraday gains to a two-month high,
AUD/JPY Surges as RBA Remains Hawkish Amid BoJ Rate-Hike Uncertainty The AUD/JPY pair is on the rise as the Japanese Yen weakens and the Reserve Bank of Australia (RBA) holds