Monthly Archives: February 2025
During Monday’s Asian session, gold (XAU/USD) dipped to around $2,925 amid profit-taking.
Written on February 24, 2025 at 6:07 am, by anakin
Gold prices fell to $2,925 after profit-taking. US tariffs, central bank demand, and economic uncertainty influence trends.
Today’s USD/CNY reference rate set by PBOC is 7.1717, lower than the expected 7.2495.
Written on February 24, 2025 at 6:04 am, by anakin
PBOC sets yuan midpoint, allows ±2% fluctuation. Injects CNY 292.5B via reverse repos. China advances rural reforms.
The People’s Bank of China established a USD/CNY central rate of 7.1717, slightly up from 7.1696.
Written on February 24, 2025 at 5:37 am, by anakin
PBOC set the USD/CNY rate at 7.1717, using monetary tools to maintain stability and support growth.
Following German election results, the euro has strengthened, pushing EUR/USD above 1.05.
Written on February 24, 2025 at 5:32 am, by anakin
The Euro rises above 1.05 as German conservatives win, boosting confidence despite expected coalition negotiations.
During the Asian session, GBP/USD rises above the mid-1.2600s, nearing Friday’s two-month high.
Written on February 24, 2025 at 5:07 am, by anakin
GBP/USD climbs on weak USD, supported by strong UK data, despite BoE outlook; further gains possible.
The USD/JPY has fallen below 149.00 as concerns over JGB yields have eased.
Written on February 24, 2025 at 5:03 am, by anakin
USD/JPY falls below 149.00 as yen strengthens amid easing concerns over Japanese Government Bond yield increases.
On Sunday, China revealed its 2025 rural revitalisation strategy, detailing reforms and development priorities.
Written on February 24, 2025 at 4:37 am, by anakin
China’s No.1 document focuses on rural reforms, agricultural productivity, and grain security, impacting Australia’s trade and AUD.
On Sunday, China announced its 2025 rural reform strategies, focusing on revitalisation and various improvements.
Written on February 24, 2025 at 4:32 am, by anakin
China’s 2025 rural strategy prioritises food security, infrastructure, innovation, local industries, governance, and resource optimisation.
During the early Asian session on Monday, the AUD/USD pair rises above 0.6370 as the US Dollar weakens.
Written on February 24, 2025 at 4:07 am, by anakin
AUD/USD rises to 0.6370 as weaker US dollar and China’s support boost the Australian Dollar’s strength.
The PBOC is predicted to establish the USD/CNY reference rate at 7.2495 around 0115 GMT.
Written on February 24, 2025 at 4:02 am, by anakin
The PBOC sets the yuan’s midpoint daily, allowing a 2% fluctuation band while intervening to maintain stability.