News
Trump’s Push Against Jerome Powell Latest Reason to Sell Dollar
The sell-dollar trade gathered momentum on Monday as President Donald Trump contemplated whether he’s able to fire Federal Reserve Chairman Jerome Powell.
Trump’s Push Against Jerome Powell Latest Reason to Sell Dollar Read More »
GBP/USD extends the rally to near 1.3350 on softer US Dollar
The GBP/USD pair extends its upside to near 1.3350 during the early Asian session on Monday.
GBP/USD extends the rally to near 1.3350 on softer US Dollar Read More »
Malaysia Air Seeks Boeing Jets as China Pulls Delivery: Bernama
Malaysia Aviation Group Bhd. is in talks with Boeing Co. to potentially take over delivery slots vacated by Chinese carriers as the US-China trade war heats up, Bernama reported Sunday.
Malaysia Air Seeks Boeing Jets as China Pulls Delivery: Bernama Read More »
Korea’s Presidential Front-Runner Vows to Boost Stock Markets
Lee Jae-myung, South Korea’s presidential-election front-runner, said he would make changes to the nation’s equity markets to eradicate stock manipulation and protect shareholders.
Korea’s Presidential Front-Runner Vows to Boost Stock Markets Read More »
Breaking: Gold Price Forecast: XAU/USD climbs to record high near $3,375 on fresh safe-haven demand
The Gold Price (XAU/USD) drifts higher to a fresh record high near $3,375 during the early Asian session on Monday after facing some profit-taking due to the long weekend.
PBOC sets USD/CNY reference rate at 7.2055 vs. 7.2069 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2055 as compared to Friday’s fix of 7.2069.
PBOC sets USD/CNY reference rate at 7.2055 vs. 7.2069 previous Read More »
NZD/USD holds gains above 0.5950 as PBoC maintains interest rates
NZD/USD continues its winning streak that began on April 9, trading near 0.5970 during Monday’s Asian session. The New Zealand Dollar (NZD) is buoyed by a weaker US Dollar (USD), which is under pressure due to mounting concerns over the US economic fallout from US tariffs.
NZD/USD holds gains above 0.5950 as PBoC maintains interest rates Read More »
PBOC leaves Loan Prime Rates unchanged in April
The People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.10% and 3.60%, respectively.
PBOC leaves Loan Prime Rates unchanged in April Read More »
China Copper Output Jumps to Record Despite Low Smelting Fees
Chinese copper smelters boosted output to a record high last month, as rising prices for by-products including gold and sulphuric acid eased pressure on margins.
China Copper Output Jumps to Record Despite Low Smelting Fees Read More »