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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

Gold prices fell to $2,925 after profit-taking. US tariffs, central bank demand, and economic uncertainty influence trends.

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Categories: Live Updates

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

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

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Categories: Live Updates

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

PBOC set the USD/CNY rate at 7.1717, using monetary tools to maintain stability and support growth.

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Following German election results, the euro has strengthened, pushing EUR/USD above 1.05.

Written on February 24, 2025 at 5:32 am, by

The Euro rises above 1.05 as German conservatives win, boosting confidence despite expected coalition negotiations.

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Categories: Live Updates

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

GBP/USD climbs on weak USD, supported by strong UK data, despite BoE outlook; further gains possible.

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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

USD/JPY falls below 149.00 as yen strengthens amid easing concerns over Japanese Government Bond yield increases.

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Categories: Live Updates

On Sunday, China revealed its 2025 rural revitalisation strategy, detailing reforms and development priorities.

Written on February 24, 2025 at 4:37 am, by

China’s No.1 document focuses on rural reforms, agricultural productivity, and grain security, impacting Australia’s trade and AUD.

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Categories: Live Updates

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

China’s 2025 rural strategy prioritises food security, infrastructure, innovation, local industries, governance, and resource optimisation.

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Categories: Live Updates

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

AUD/USD rises to 0.6370 as weaker US dollar and China’s support boost the Australian Dollar’s strength.

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Categories: Live Updates

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

The PBOC sets the yuan’s midpoint daily, allowing a 2% fluctuation band while intervening to maintain stability.

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Categories: Live Updates

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