Major currencies are caught in a lull, not much changed to start the new week. It owes in part to a lack of interest as […]
ForexLive Asia-Pacific FX news wrap: Gold surges to over US$2260ForexLive Asia-Pacific FX news wrap: Gold surges to over US$2260
Gold above USD 2250 after a strong start to the weekEx BOJ official says next rate hike in Japan will be in October at the […]
Ex BOJ official says next rate hike in Japan will be in October at the earliestEx BOJ official says next rate hike in Japan will be in October at the earliest
Bloomberg (gated) carries an assessment from Tsutomu Watanabe, a former BOJ official (1982-1999), now an economics professor at the University of Tokyo. He is described […]
Gold above USD 2250 after a strong start to the weekGold above USD 2250 after a strong start to the week
The background to today’s price movements so far in Asia, have been an inflation report from the US on Friday along with comments from Federal […]
China Caixin Manufacturing PMI for March 51.1 (expected 51.0, prior 50.9)China Caixin Manufacturing PMI for March 51.1 (expected 51.0, prior 50.9)
Over the weekend we had the official PMIs, much improved: China March 2024 Official Manufacturing PMI 50.8 (expected 50.1) Services 53.0 (exp 51.5)more here: ICYMI […]
AUD traders heads up – two important events coming from the RBA on TuesdayAUD traders heads up – two important events coming from the RBA on Tuesday
Coming up from the Reserve Bank of Australia on Tuesday, 2 April 2024. At 9.10 am and 11.30 am, Sydney time, respectively: 2210 and 0130 […]
PBOC is expected to set the USD/CNY reference rate at 7.2191 – Reuters estimatePBOC is expected to set the USD/CNY reference rate at 7.2191 – 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 setting […]
Japan Final Manufacturing PMI for March 2024 comes in at 48.2 (flash 48.2, prior 47.2)Japan Final Manufacturing PMI for March 2024 comes in at 48.2 (flash 48.2, prior 47.2)
The preliminary (flash) and prior for this is here: Japan March preliminary PMIs: Manufacturing 48.2 (prior 47.2) Services 54.9 (prior 52.9) The final for manufacturing […]
What to watch in Japanese comments for USD/JPY selling intervention getting closerWhat to watch in Japanese comments for USD/JPY selling intervention getting closer
To help keep track of escalation on verbal intervention that would come before actual ‘rate cheks’ and then USD/JPY selling out of the Bank of […]
PBOC sets USD/ CNY reference rate for today at 7.0938 (vs. estimate at 7.2191)PBOC sets USD/ CNY reference rate for today at 7.0938 (vs. estimate at 7.2191)
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 to […]