Monthly Archives: February 2025
The PBOC is predicted to establish the USD/CNY reference rate at 7.2495 around 0115 GMT.
Written on February 24, 2025 at 4:02 am, by davin
The PBOC sets the yuan’s midpoint daily, allowing a 2% fluctuation band while intervening to maintain stability.
Gold Eases from Record High; US Inflation Data in Focus
Written on February 24, 2025 at 3:47 am, by mike
XAUUSD dips to $2,942.78; traders eye U.S. inflation data and tariff risks amid global tensions. – vtmarkets.com
Francois Villeroy de Galhau indicated the ECB might lower deposit rates to 2% this summer.
Written on February 24, 2025 at 3:37 am, by davin
ECB may cut deposit rate to 2% by summer; QE weakens Euro, while QT strengthens it.
TD Securities predict more aggressive Bank of England rate cuts, potentially weakening GBP despite current optimism.
Written on February 24, 2025 at 3:32 am, by davin
GBP may face pressure as the BOE cuts rates faster than expected, with potential risks from trade policies.
Week Ahead: Rate Cuts Come Down on Currencies
Written on February 24, 2025 at 3:24 am, by casandra
Central bank rate cuts and shifting tariff plans drive this week’s market trends. Dollar moves, inflation risks, and volatility ahead. – vtmarkets.com
Oil Prices Slip on Kurdistan Export Prospects
Written on February 24, 2025 at 3:08 am, by mike
CL-OIL slips 3.09% to $70.31 amid potential Kurdistan exports resumption and Russia-Ukraine peace talk uncertainty. – vtmarkets.com
Jose Luis Escriva emphasised that interest rate direction remains uncertain, urging cautious monetary policy adjustments.
Written on February 24, 2025 at 3:08 am, by davin
Jose Luis Escriva stresses caution in monetary policy amid uncertainty, with the ECB assessing decisions meeting-to-meeting.
The Bank of Japan remains unconcerned about gradual increases in bond yields unless they spike sharply.
Written on February 24, 2025 at 3:02 am, by davin
BOJ remains unconcerned about gradual bond yield increases, allowing market forces to dictate long-term rates.
Following the German election, the EUR/USD pair strengthens, attracting buyers around 1.0480.
Written on February 24, 2025 at 2:37 am, by davin
EUR/USD rose to 1.0480 after Germany’s election. Weaker US PMI data contributed to the dollar’s decline.
Andrew Bayly, a New Zealand government minister, has stepped down; he’s not Andrew Bailey.
Written on February 24, 2025 at 2:32 am, by davin
Andrew Bayly’s resignation may impact New Zealand’s political landscape, causing uncertainty and varied reactions among stakeholders.
