Monthly Archives: May 2025
The USD/CNY reference rate was established by the PBOC at 7.1963, higher than before
Written on May 15, 2025 at 5:40 am, by melody
PBOC sets USD/CNY rate higher; gold falls, Shiba Inu recovers; GBP/USD rebounds on soft Dollar.
The USD recovers, while gold falls. Several tech stocks thrive amidst ongoing market fluctuations and commentary
Written on May 15, 2025 at 5:16 am, by melody
Dollar mostly higher; tech stocks rally; Fed cautious on inflation; gold, oil, and Bitcoin prices fall.
The GBP/USD has stabilised within a range as traders await crucial data from the UK and US
Written on May 15, 2025 at 5:10 am, by melody
GBP/USD consolidates near 1.3300 as markets await data; Aussie steady, USD/JPY weakens, gold vulnerable.
China is enhancing export controls on strategic minerals to boost national security and oversight practices
Written on May 15, 2025 at 4:45 am, by melody
China tightens export controls on strategic minerals, enhancing national security through full supply chain oversight and enforcement.
According to Mary Daly, the robustness of the US economy enables policymakers to exercise patience
Written on May 15, 2025 at 4:40 am, by melody
Mary Daly highlights economic stability, patient policy response, and flexibility amid uncertainty in evolving monetary conditions.
In Asia, Mary Daly speaks today while Australia releases its employment report, expecting steady growth
Written on May 15, 2025 at 4:15 am, by melody
Mary Daly to speak at California Bankers event; Australia’s April jobs report and RBA rate cut previewed.
Maintaining a bullish stance, the AUD/NZD pair hovers near the 1.0900 level with buyers active
Written on May 15, 2025 at 4:10 am, by melody
AUD/NZD nears 1.0900 with bullish sentiment; short-term gains face overbought signals and strong resistance ahead.
Amid a declining US Dollar, the Mexican Peso reached a seven-month peak against it
Written on May 15, 2025 at 3:40 am, by melody
Mexican Peso hits seven-month high amid US-China trade deal; rate cuts and economic outlook influence trends.
US stocks advanced, led by technology, while biotech faced selling amid low newsflow. Retail numbers await
Written on May 15, 2025 at 3:15 am, by melody
Tech stocks gained amid quiet trading; S&P rose slightly while small caps and biotech shares declined.
The NZD/JPY pair is approaching daily lows, trading around 86.50, down nearly 1% before Asia
Written on May 15, 2025 at 3:10 am, by melody
NZD/JPY hovers near 86.50; mixed momentum as technical indicators suggest caution amid short-term support levels.
