PBoC adjusts USD/CNY rate, maintains economic stability, employs monetary tools, and regulates China’s evolving banking sector.
The euro surpasses 1.15 for first time since 2021 amid broad US dollar weakness and volatility.
Trump criticizes non-tariff barriers, citing VATs and currency manipulation, raising market concerns amid unclear policies.
NZD/USD rises as US Dollar weakens; China holds rates, improving New Zealand trade sentiment and stability.
China keeps Loan Prime Rates steady; PBoC balances economic growth, price stability, and financial reform efforts.
The People’s Bank of China maintains 3.1% interest rate, reflecting market expectations amid economic uncertainties.
China keeps loan prime rates unchanged: 1-year at 3.10%, 5-year remains steady at 3.60%.
EUR/USD hits 1.1485 high as USD weakens on trade tensions, Fed cut expectations, and tariff concerns.
Gold prices rose $41 to $3368 today after dip-buyers spurred a rally following last week’s decline.
Gold rises to $3,350 amid geopolitical tensions, central bank demand, and lingering uncertainty over U.S. policies.
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