About: anakin

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The USD uptrend may have ended but expect it to stabilise.

The US dollar’s uptrend has broken; indicators suggest weakening, but a downtrend is not yet confirmed.

Following Retail Sales, NZD/USD trades around 0.5750, recovering losses from the prior session.

NZD/USD rises to 0.5750 after strong retail sales, supported by China’s policies but facing US risks.

Shares of COSCO fell 8% due to Trump’s proposed fees affecting China’s commercial shipping.

China COSCO Shipping shares fell 8% after Donald Trump proposed fees and shipping requirements for Chinese-built vessels.

During Monday’s Asian session, gold (XAU/USD) dipped to around $2,925 amid profit-taking.

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.

PBOC sets yuan midpoint, allows ±2% fluctuation. Injects CNY 292.5B via reverse repos. China advances rural reforms.

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