Pan Gongsheng, recently appointed head of the People’s Bank of China (PBOC), the country’s central bank, said the agency will severely crack down on...
Australian employment falls sharply
PBOC expected to maintain loan prime rates
The Australian dollar has extended its losses on Thursday. In the North American session,...
Dollar remains strong on safe-haven flows spurred by the Israel-Hamas war
Gold volatility surges the most since March
Oil prices surge on disruption concerns
The Canadian...
China maintains one-year and five-year loan prime rates
Australian dollar records strong gains
The Australian dollar has posted strong gains on Wednesday. In the European...
Central Bank
Digital Currencies (CBDCs) have sparked considerable attention in the financial
sector. These digital versions of traditional fiat currencies, backed by
central banks, are altering the...
Yesterday’s significant US dollar up moves against the EUR, GBP, and CHF have not spread to the Chinese yuan and antipodean currencies.
The choice...
US ISM Services Index unexpectedly surges to a six-month high, boosted on robust new orders and strong hiring
ECB’s Kazimir prefers a September rate...
Xi meets Ramaphosa and discuss how to bolster trade in their own currencies
Yuan still weakens despite PBOC’s most forceful fixing on record
BRICS might...