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About: luna

Recent Posts by luna

The People’s Bank of China established the USD/CNY central rate at 7.0825, lower than before

PBOC sets yuan reference rate lower, signaling policy direction amid state-controlled banking and limited private sector.

Minoru Kiuchi, Japan’s Economics Minister, indicated that import costs may raise CPI due to the weak Yen

Weak Yen raises import costs, influences CPI; BOJ policy, yield spreads, and risk sentiment drive value.

Anticipation of US government reopening boosts gold prices, with XAU/USD trading around $4,185

Gold rises on US government reopening, weaker Dollar outlook, and central banks boosting reserve holdings globally.

Despite disappointing GDP figures, GBP/USD bulls faced challenges during trading amidst UK tax proposals

GBP/USD struggles amid UK tax policy uncertainty and Fed rate cut speculation due to missing October data.

In an attempt to reduce high food costs, the Trump administration plans to implement tariff exemptions

Trump plans tariff exemptions to ease food prices; aims to cut income taxes using tariff revenue.

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