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About: luna
Recent Posts by luna
During the early Asian session on Monday, the AUD/USD pair rises above 0.6370 as the US Dollar weakens.
AUD/USD rises to 0.6370 as weaker US dollar and China’s support boost the Australian Dollar’s strength.
Written on February 24, 2025 at 4:07 am
Categories: Live Updates
The PBOC is predicted to establish the USD/CNY reference rate at 7.2495 around 0115 GMT.
The PBOC sets the yuan’s midpoint daily, allowing a 2% fluctuation band while intervening to maintain stability.
Written on February 24, 2025 at 4:02 am
Categories: Live Updates
Francois Villeroy de Galhau indicated the ECB might lower deposit rates to 2% this summer.
ECB may cut deposit rate to 2% by summer; QE weakens Euro, while QT strengthens it.
Written on February 24, 2025 at 3:37 am
Categories: Live Updates
TD Securities predict more aggressive Bank of England rate cuts, potentially weakening GBP despite current optimism.
GBP may face pressure as the BOE cuts rates faster than expected, with potential risks from trade policies.
Written on February 24, 2025 at 3:32 am
Categories: Live Updates
Jose Luis Escriva emphasised that interest rate direction remains uncertain, urging cautious monetary policy adjustments.
Jose Luis Escriva stresses caution in monetary policy amid uncertainty, with the ECB assessing decisions meeting-to-meeting.
Written on February 24, 2025 at 3:08 am
Categories: Live Updates
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