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    14 April 2025
    The PBOC established the USD/CNY reference rate at 7.2110, marking the yuan’s weakest level recently

    The yuan hits weakest level since September 2023, with PBOC setting midpoint at 7.2110 today.

    14 April 2025
    Governor Ueda emphasised that the BoJ aims for a stable 2% inflation through careful policy decisions

    BoJ’s Ueda emphasizes suitable actions for 2% inflation amid tariff-driven uncertainty impacting Japan’s economy.

    14 April 2025
    Kato, Japan’s finance minister, expressed concerns over unwanted forex fluctuations, urging market determination.

    Japan signals concern over yen volatility; finance officials to discuss currency matters with US Treasury counterparts.

    14 April 2025
    The pair USD/CAD declines to approximately 1.3850 amid ongoing inflation and possible US recession

    USD/CAD weakens as US economic concerns grow; oil prices, inflation, and trade tensions influence Canadian Dollar.

    14 April 2025
    China’s central bank anticipates rate reductions due to intensified trade tensions affecting economic stability

    China may cut interest rates and reserve requirements to counter trade tensions and support economic stability.

    14 April 2025
    The central rate for USD/CNY was established at 7.2110, higher than the previous rate

    PBOC sets new USD/CNY rate, guiding policy with tools to stabilize economy and support private banks.

    14 April 2025
    Goldman Sachs has cut oil price predictions due to expected supply surpluses and limited demand growth

    Goldman Sachs cuts oil forecasts amid oversupply and weak demand, expecting further price drops through 2026.

    14 April 2025
    The potential disruption of the global economic order due to US tariffs was highlighted by Japan’s PM Ishiba

    Japanese officials caution U.S. tariffs, emphasize stable currency markets; Yen strengthens, pushing USD/JPY lower.

    14 April 2025
    The PBOC plans to set the USD/CNY rate around 7.3251, according to Reuters projections

    PBOC sets daily yuan midpoint, allowing 2% fluctuation; may intervene to maintain currency stability.

    14 April 2025
    After two days of increases, the EUR/USD pair trades lower at approximately 1.1360 during Asia

    EUR/USD tumbles amid US-China trade tensions, weak sentiment, rising inflation expectations, and mixed US economic data.

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