Monthly Archives: May 2025
The central rate for USD/CNY was set at 7.1991, stronger than previous rates and estimates
Written on May 13, 2025 at 8:46 am, by melody
Yuan midpoint strengthens below 7.2; PBOC conducts reverse repos, resulting in net liquidity withdrawal.
During the early European session, GBP/USD rises towards approximately 1.3195, gaining momentum
Written on May 13, 2025 at 8:40 am, by melody
GBP/USD fluctuates amid trade talks, tariffs, UK employment data, and anticipation of key US inflation report.
Finance Minister Kato plans to meet Bessent regarding forex and monitor U.S.-China tariff developments
Written on May 13, 2025 at 8:16 am, by melody
Japan’s Finance Minister Kato eyes G7 talks, plans discussions with U.S. on forex and tariff issues.
In Saudi Arabia, gold prices have experienced an increase based on recently compiled data
Written on May 13, 2025 at 8:10 am, by melody
Gold prices rose in Saudi Arabia; global trends, currency shifts, and economic conditions influence their movement.
The expected USD/CNY reference rate from the PBOC is 7.2180 according to Reuters analysis
Written on May 13, 2025 at 7:46 am, by melody
The PBOC sets a daily yuan midpoint, permitting controlled ±2% fluctuations to maintain exchange rate stability.
In the United Arab Emirates, gold prices increased, based on recent data collection
Written on May 13, 2025 at 7:40 am, by melody
Gold prices rose in the UAE as global economic trends, bond yields, and central bank purchases influenced markets.
The Bank of Japan discussions highlight a cautious approach to interest rates amid economic uncertainty
Written on May 13, 2025 at 7:16 am, by melody
BOJ members debate interest rates, inflation outlook, and U.S. trade policy impact amid economic uncertainty.
Gold prices increased in Pakistan today, based on compiled data indicating a rise in value
Written on May 13, 2025 at 7:10 am, by melody
Gold prices in Pakistan rose, driven by global trends, central bank purchases, and market expectations for rate cuts.
The U.S. Trade Representative mentioned potential tariff increases if China negotiations fail, boosting market optimism
Written on May 13, 2025 at 6:46 am, by melody
China agrees to lift countermeasures; global markets rally amid easing U.S.-China trade tensions and tariff negotiations.
Below are the details of May 13’s NY cut FX option expiries at 10:00 Eastern Time
Written on May 13, 2025 at 6:40 am, by melody
EUR/USD sees large expiries; USD/JPY, GBP/USD, and others hold significant option levels across key rates.
