Author: FX
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.The previous close was 6.9739.PBOC injects 179.3bn yuan through 7-day reverse repos at an unchanged rate of 1.4%. Source link
The VWAP (Volume Weighted Average Price) MT4 Indicator offers a solution by combining both price and volume into a single, clear metric. It helps traders see the real market trend and make smarter, more informed decisions, reducing guesswork and improving trading accuracy. Understanding the VWAP MT4 Indicator The VWAP MT4 Indicator calculates the average price of an asset weighted by trading volume. Unlike simple moving averages, it gives more importance to periods with higher trading activity, making it a more accurate reflection of the market. Traders often use VWAP to confirm trend direction, identify potential support and resistance levels, and…
US President Trump said that he would impose a 25% tariff on select semiconductors, including the Nvidia H200 AI processor and a similar semiconductor from AMD called the MI325X, Reuters reported on Wednesday.The proclamation, which cited national security as a justification, is part of a broader attempt to create incentives for chipmakers to produce more semiconductors in the United States and decrease reliance on chip manufacturers in other countries like Taiwan.Market reactionAs of writing, the AUD/USD pair is down 0.04% on the day at 0.6680. Tariffs FAQs Tariffs are customs duties levied on certain merchandise imports or a category of products.…
Markets delivered mixed signals on Wednesday as precious metals surged to historic highs amid geopolitical tensions and Federal Reserve independence concerns, while equities declined despite stronger-than-expected economic data that included robust retail sales and moderate producer price inflation. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: U.S. API Crude Oil Stock Change for January 9, 2026: 5.27M (-2.8M previous) New Zealand Building Permits for November 2025: 2.8% m/m (1.0% m/m forecast; -0.9% m/m previous) Japan Reuters Tankan Index for January 2026: 7.0 (11.0 forecast; 10.0 previous)…
Article Highlights NZD/USD is consolidating near a well-defined support zone after pulling back from early-December highs. Recent price behavior suggests selling pressure may be losing urgency, though direction remains unresolved. Any upside case still depends on price holding support and reclaiming nearby resistance levels. NZD/USD is showing early signs that the most recent downside momentum may be losing steam. While price action remains choppy, the latest MACD histogram behavior hints at an early shift that momentum-focused traders often watch closely. This is the kind of development that can matter most near well-defined support zones. Welcome to “TA Alert of the…
Eight of 12 districts saw slight to modest growthThree saw no changeOne saw a slight declineOutlooks for future activity were mildly optimistic with most expecting slight to modest growthPrices grew at a moderate rate across large majority of districtsThe Federal Reserve’s January 2026 Beige Book indicates a marginal improvement in the domestic economy, with eight of the twelve Districts reporting slight to modest growth. This shift follows three reporting cycles of stagnant activity. Consumer spending during the holiday season served as a primary driver for this uptick, though results were notably divided along socioeconomic lines. High-income households continued to spend…
The US economy is closing out 2025 with a bang—or at least, that’s what some prediction markets are suggesting. According to betting platforms and real-time economic trackers, there’s growing confidence that Q4 2025 GDP growth could exceed 3.0%, a threshold that would signal robust economic momentum heading into 2026. But as any seasoned market watcher knows, forecasts are like weather predictions: helpful, but not gospel. Let’s break down what’s driving the optimism, what could derail it, and why this particular GDP print matters more than usual. What Are Prediction Markets Saying? Prediction markets like Kalshi have become increasingly popular tools…
Bank of England Deputy Governor David Ramsden said that wages will remain a key focus for him this year and that his view is that policy remains restrictive in a speech at King’s College, in London on Wednesday.Key quotesKey difference for policy this year is we are not looking at a hump in cpi. Wages will remain a key focus for me. Latest ons wage data are encouraging. Labour market is continuing to weaken. My view is that policy remains restrictive. My starting point is that neutral rate is in middle of 2-4% range.” Pound Sterling Price Today The table…
FUNDAMENTAL OVERVIEWThe market has quickly forgotten about Maduro and Venezuela as the focus switched to the protests in Iran and Trump’s threats of military action to support the protestors. The US President is taking advantage of the protests to either overthrow the current regime or force them to sign deals on US terms.Yesterday, Trump stated on his Truth Social that all the meetings with Iran’s officials have been cancelled and exhorted the Iranian people to keep protesting because help was on the way.Nobody knows what he meant with “help is on the way” and when asked about it he answered…
The United States (US) Census Bureau will publish November Retail Sales on Wednesday. The delayed data is expected to show that sales rose a modest 0.4% in the month, following no change in October. The report was delayed by the government shutdown, which diminishes its potential impact on the US Dollar (USD). The Retail Sales report is a key indicator of consumer spending and consumer demand, which are major drivers of the US economy.Retail Sales Control Group, a smoother reading that excludes automobiles, gasoline, building materials, and food services, surged 0.8% in October after an unrevised 0.1% dip in September.…