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Australian Dollar appreciates as PBoC signals interest rate cuts this year

The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Friday.
New
update2025.01.03 12:43

USD/JPY softens below 157.50 amid holiday season in Japan

The USD/JPY pair edges lower to near 157.30 during the Asian trading hours on Friday.
New
update2025.01.03 12:24

China's NDRC: Fully confident in achieving continued economic recovery in 2025

The National Development and Reform Commission (NDRC), China's state planner, said in a statement on Friday that it is "fully confident in achieving continued economic recovery in 2025." Additional takeaways Will sharply increase funding from ultra-long treasury bonds this year to support "two new" programmes.
New
update2025.01.03 12:02

USD/INR drifts higher ahead of US PMI release

The Indian Rupee (INR) extends the decline on Friday after closing at its weakest level on record for the eighth consecutive session.
New
update2025.01.03 11:36

Gold price holds ground due to safe-haven demand amid rising tensions in Middle East

Gold prices (XAU/USD) edges higher for the fourth consecutive session on Friday, building on a stellar performance in 2024 with gains exceeding 27%, the metal's best annual return since 2010.
New
update2025.01.03 11:17

PBOC sets USD/CNY reference rate at 7.1878 vs. 7.1879 previous

The People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1878, as compared to the previous day's fix of 7.1879 and 7.2868 Reuters estimates.
New
update2025.01.03 10:18

USD/CAD weakens below 1.4400 on upbeat Canadian PMI, higher crude oil prices

The USD/CAD pair softens to near 1.4395 on Friday during the Asian trading hours.
New
update2025.01.03 10:15

South Korean authorities attempt to arrest President Yoon Suk Yeol

South Korean investigators were reportedly involved in a standoff with a military unit inside the presidential residence as they attempted to arrest the country's suspended leader, Yoon Suk Yeol, weeks after his botched attempt to declare martial law on December 3, per Reuters.
New
update2025.01.03 09:27

EUR/USD kicks off 2025 with a fresh move to the downside

EUR/USD took another leg lower to kick off the 2025 trading season, falling eight-tenths of one percent and tapping the 1.0250 level for the first time since November of 2022, a nearly 26-month low.
New
update2025.01.03 09:12

Biden discussed plans to strike Iran nuclear facilities before Trump's inauguration

Joe Biden reportedly discussed plans to attack Iran's nuclear facilities in the event Tehran moved closer to building a nuclear bomb before Donald Trump's inauguration on January 20, three sources with knowledge of the issue tell Axios.
New
update2025.01.03 09:11

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