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 within a certain range, called a “band,” around a central reference rate, […]
2025.04.15 2025.04.16 Weekly Economic Calendar for 21.04.2025–27.04.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Last week was a shortened trading week due to Good Friday, with banks and stock exchanges closed in Catholic countries. The upcoming week is also expected to start with lower activity on Monday because of Easter Monday, which may lead to lower trading volumes. While few
Japan Reuters Tankan Japanese manufacturers reported a rebound in sentiment in April, according to the latest Reuters Tankan survey, but the outlook for the next quarter has turned gloomy amid rising concerns over U.S. tariffs. The manufacturers’ index rose to +9 from -1 in March, indicating more optimism than pessimism. However, sentiment is expected to
Mexican Peso pares gains late in session as traders digest Trump’s shifting tariff stance and looming US tomato duties. Sheinbaum continues talks to avoid steep tariffs; US to impose 20.91% duty on Mexican tomatoes from July 14. Traders eye Mexico’s inflation and retail data, while US Retail Sales and Jobless Claims remain i The Mexican
USD/CAD trades near the 1.4000 area after bouncing from mid-1.38s earlier this week. Softer Canadian inflation and Powell’s tariff warnings pressure the Canadian Dollar outlook. Key resistance stands at 1.4060; technical backdrop skews bearish despite recent rebound. USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region.
AUDUSD technicals The AUDUSD has been on a strong run higher and is now pressing up against a critical resistance zone defined by multiple technical barriers. The pair is currently testing the double top highs near 0.6390, last seen in March and early April, and edging closer to the 2025 high of 0.6407. This area
2025.04.15 2025.04.15 Wheat Price Forecast & Prediction for 2025, 2026, and 2027–2030 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Wheat is a pivotal agricultural commodity that impacts the global economy and food security. WHEAT is a popular investment for traders and investors alike. Wheat’s price movements are cyclical, but the value of wheat can be affected by natural and geopolitical
The Pound Sterling outperforms most of its peers on upbeat UK employment data for three months ending February. Investors await the UK CPI data for March, which will be released on Wednesday. US President Trump will likely announce a temporary suspension of automobile tariffs. The Pound Sterling (GBP) advances against its major peers, except antipodeans,
Euro is trading on the softer side in relatively quiet markets today, weighed down by a fresh round of weak economic data. The sharp plunge in German and Eurozone ZEW economic sentiment, triggered largely by mounting uncertainty over US trade policy, has deepened concerns about the region’s growth outlook. Adding to the dovish tone, ECB’s
Brent Oil prices remain rangebound amid trade tensions and fluctuating demand forecasts. IEA lowers oil demand growth projections, while China’s imports show an increase. Technical analysis indicates key support levels at 63.00, 61.00, and 60.00, with resistance at 66.42, 68.17, and 69.35. Most Read: USD/CHF Outlook: Swiss franc at 15-year highs on safe-haven flows Brent
FX Markets is delighted to announce the winners of the Asia Awards 2025. The eighth edition of the FX Markets Asia Awards recognises and showcases the best banks, trading platforms and technology providers in the Asia-Pacific region (Apac). The awards recognise the firms that have proven themselves in FX trading, whether that’s as a liquidity
With tariff disruption boosting safe-haven inflows, USD/CHF currently trades at around 0.81562, a level last seen in September 2011 Rapid appreciation of the Swiss franc’s value could prove a cause for concern for the SNB, with already some suggestion of intervention US treasury yields in sharp decline amid market uncertainty and volatile trading conditions /*
The USD/CAD price analysis shows a drop in volatility after recent global trade developments. The risk of a recession might push the Fed to cut interest rates. Canada will release crucial inflation figures today. The USD/CAD price analysis shows a drop in volatility as calm returns to markets after recent global trade developments. The dollar
It is said that China has ordered its airlines to stop any further delivers of Boeing jets as trade tensions continue with the US for the time being. It doesn’t just stop there though. Beijing has also called for Chinese carriers to also halt any purchases of aircraft-related equipment and parts from US firms as
