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PBOC sets USD/CNY reference rate at 6.8077 vs. 6.8054 previous
On Wednesday, the Peopleās Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8077 compared to the previous day's fix of 6.8054 and 6.8018 Reuters estimate.
RBAās Hunter: Board will intervene as necessary to bring inflation back to target
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said on Wednesday that the central bank will act as needed to bring inflation back to target, even as the recent oil shock has yet to produce a marked slowdown in economic activity.
WTI spikes following fresh US airstrikes on Iran
West Texas Intermediate (WTI) oil price continues to advance after registering nearly 5% gains in the previous day, trading around $72.20 per barrel during the Asian hours on Wednesday.
Japanese Yen edges higher as intervention fears return
The USD/JPY pair trades with mild losses near 162.35 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as traders continue to watch for signs of possible intervention by Japanese authorities to support the currency.
Japan Trade Balance - BOP Basis down to Ā„6.9B in May from previous Ā„395.7B
Japan Trade Balance - BOP Basis down to Ā„6.9B in May from previous Ā„395.7B
Japan Bank Lending (YoY) came in at 5.7%, below expectations (5.8%) in June
Japan Bank Lending (YoY) came in at 5.7%, below expectations (5.8%) in June
EUR/GBP Price Forecast: Bearish bias persists below 0.8600
EUR/GBP trades with a positive bias on Tuesday as sellers take a breather following the recent selloff that pushed the cross to a more than one-year low. At the time of writing, EUR/GBP is trading around 0.8550 after rebounding from an intraday low of 0.8533, its lowest level since June 2025.
United States RealClearMarkets/TIPP Economic Optimism (MoM) came in at 45.5, above forecasts (45) in July
United States RealClearMarkets/TIPP Economic Optimism (MoM) came in at 45.5, above forecasts (45) in July
Canada Ivey Purchasing Managers Index s.a below expectations (59.1) in June: Actual (56.2)
Canada Ivey Purchasing Managers Index s.a below expectations (59.1) in June: Actual (56.2)
British Pound: Capped by layered resistance against US Dollar ā Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly softer against the US Dollar (USD) after encountering resistance near 1.3400, with limited fresh data and Bank of England (BoE) news.
Fedās Williams: āMonetary policy is in a good placeā
Federal Reserve (Fed) Bank of New York President John Williams said on Tuesday that the United States (US) economy continues to show steady, trend-like growth, while the labor market remains stable.
Aluminium: Short supply supports prices despite Gulf outages ā Commerzbank
Commerzbankās Barbara Lambrecht says Aluminiumās recent correction has likely run its course, with prices rebounding as Chinese and LME inventories fall sharply and Gulf smelter outages persist.
Japanese Yen: Japan denies rate-pressure claims as data mixed ā BNY
Geoff Yu notes Japanās Growth Strategy Minister Minoru Kiuchi rejected reports that the government is trying to push interest rates lower or pressure the Bank of Japan (BoJ).