Category Archives: Forex News

Forexlive European FX news wrap: Awaiting the US PPI report

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

BOJ’s Himino: Hard to say whether risk to inflation is skewed to upside or downside

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

BOJ’s Himino: The likelihood of economy, prices moving in line with forecast is increasing

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Still to come from China – PBoC and SAFE news conference on economic development

Coming up at 1500 China time: 0700 GMT, 0200 US Eastern time Xuan Changneng, Deputy Governor of the People’s of China, and Li Bin, deputy head of the State Administration of Foreign Exchange will hold a press conference: on financial support for high-quality economic development — China’s State Administration of Foreign Exchange (SAFE) is a […]

Elon Musk Eyed for Potential TikTok U.S. Takeover Amid Ban Threat

Chinese officials are considering the possibility of Elon Musk acquiring TikTok’s U.S. operations if the platform is unable to avoid a controversial ban on its services in the country. Chinese officials prefer that TikTok remain under the control of parent Bytedance, but if that’s not going to work Musk might. Bloomberg News had the report, […]

PBOC is expected to set the USD/CNY reference rate at 7.3161 – 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 the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate […]