Live Updates

9

Jul 2025
The Euro is predicted to fluctuate between 1.1690 and 1.1760 against the US Dollar

Euro’s upward trend weakens; range-bound trading expected between 1.1690 and 1.1760 amid cautious outlook.

9

Jul 2025
Hassett is gaining traction as a potential candidate for the next chair of the Fed

Kevin Hassett emerges as possible Fed chair, aligning with Trump’s monetary policy preferences after June meeting.

9

Jul 2025
The PBOC set a USD/CNY central rate of 7.1541, below the expected 7.1806 rate

PBOC injects 75.5B yuan via reverse repos; net liquidity drain totals 23B yuan today.

9

Jul 2025
During a CNBC interview, Howard Lutnick indicated the anticipation of 15 to 20 forthcoming letters regarding copper tariffs

US eyes new China tariffs; trade tensions rise amid Trump’s return, impacting global supply chains, inflation.

9

Jul 2025
The PBOC plans to set the USD/CNY reference rate at 7.1806, according to Reuters estimates

The PBOC sets a daily yuan midpoint, allowing ±2% fluctuation, ensuring controlled exchange rate flexibility.

9

Jul 2025
The Greenback’s strong start faded, as investors monitored trade tensions sparked by tariffs on Japan and South Korea

US Dollar steadies after early gains; trade tensions, central bank updates, and commodity shifts shape markets.

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