About: anakin

Recent Posts by anakin

Optimism regarding US-China trade eases tensions, prompting buyers to support NZD/USD above 0.5900

NZD/USD rises on easing US-China trade tensions; Fed signals rate cuts amid global economic uncertainties.

Goldman Sachs anticipates crude prices to decline, averaging $60/56 in 2025 and $56/52 in 2026

Goldman Sachs forecasts falling Brent and WTI prices through 2026 due to global supply growth pressures.

A joint statement from China and the US on trade talks is expected; timing remains unclear

China and US agree to trade consultation mechanism; joint statement expected, hinting at positive developments.

The People’s Bank of China established the USD/CNY rate at 7.2066, lower than Friday’s 7.2095

PBOC adjusts USD/CNY rate, uses monetary tools to manage stability, growth, and reform China’s finance sector.

The USD/CNY reference rate is projected at 7.2429, according to estimates from Reuters

PBOC sets daily yuan midpoint at 7.2429, guiding USD/CNY within a controlled 2% trading band.

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