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Monthly Archives: February 2025

Reuters anticipates the PBOC will establish the USD/CNY reference rate at 7.2526 soon.

Written on February 26, 2025 at 8:06 am, by

PBOC sets the USD/CNY reference rate at 7.2526, managing fluctuations within a floating exchange rate system.

Dividend Adjustment Notice – Feb 26 ,2025

Written on February 26, 2025 at 7:37 am, by

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

During Asian trading hours, the USD/JPY pair rises to approximately 149.30 due to modest dollar strength.

Written on February 26, 2025 at 7:37 am, by

USD/JPY rose to 149.30, but BoJ rate hike expectations and risk-off sentiment may limit further gains.

A power outage in Chile disrupted copper mining operations and led to a government-imposed curfew.

Written on February 26, 2025 at 7:33 am, by

A major power outage hit Chile, disrupting cities, transport, and key copper mines, prompting emergency measures and curfews.

The NZD/USD pair trades around 0.5720, remaining weak as it anticipates US-China tariff updates.

Written on February 26, 2025 at 7:08 am, by

NZD/USD declines to 0.5720 as traders await New Zealand confidence data and monitor global trade tensions.

The Bank of Korea’s rate cut indicates emerging deflation risks and prioritises growth over inflation concerns.

Written on February 26, 2025 at 7:05 am, by

Bank of Korea cuts rates, prioritizing growth over inflation as deflation risks rise amid weak demand and trade disruptions.

The EUR/USD pair rallied over half a percent, challenging a key technical resistance repeatedly.

Written on February 26, 2025 at 6:37 am, by

EUR/USD rose 0.5%, surpassing 1.0500. Market eyes US GDP, inflation data. Resistance remains at 1.0650.

Bank of America predicts the Federal Reserve will not cut rates until 2026, impacting markets.

Written on February 26, 2025 at 6:32 am, by

Bank of America expects steady interest rates until 2026, tightening financial conditions and potentially increasing recession risks.

GBP/USD approaches crucial technical levels, experiencing a slight increase that supports recent consolidation efforts.

Written on February 26, 2025 at 6:07 am, by

GBP/USD rose slightly, stabilising near 1.2680 as markets anticipate Trump delaying tariffs; attention shifts to GDP.

Plans are underway for stricter immigration enforcement, which could affect the US labour market.

Written on February 26, 2025 at 6:04 am, by

The Trump administration plans a registry for undocumented immigrants, requiring fingerprints and addresses or facing penalties.

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