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Markets
PBOC sets USD/CNY reference rate at 6.9678 vs. 6.9771 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9678 compared to the previous day's fix of 6.9771 and 6.9459 Reuters…
US Treasury says Chinese Yuan undervalued, calling on China to allow its rate to strengthen
The US Treasury stated that the Chinese Yuan is “substantially undervalued” and called on China to allow its exchange rate to strengthen in a timely and orderly way, Bloomberg…
When is the Japan Tokyo CPI and how it could affect USD/JPY?
The Japan Tokyo CPI OverviewStatistics Bureau of Japan will publish its data for January on Friday at 23.30 GMT. The Tokyo CPI measures the price fluctuation of goods and services…
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Dow Jones declines amid Microsoft drop and fading AI optimism
US equities faced renewed pressure on Thursday as megacap technology earnings and the Federal Reserve’s (Fed) tepid showing this week weighed on sentiment. The S&P 500 fell…
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Gold retreats from highs, eyes best monthly gain since 1980s
Gold (XAU/USD) trims some of its earlier losses on Thursday as traders book profits following the Federal Reserve’s (Fed) monetary policy decision, which barely moved the needle as…
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MAS positioned for inflation risks – Commerzbank
Commerzbank's FX Research report by Charlie Lay and Moses Lim highlights that the Monetary Authority of Singapore (MAS) has maintained its current policy stance, leaving the SGD…
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