VT 
Monthly Archives: May 2025
Amidst US-China trade discussions, USD/CAD stabilises around 1.3940, buoyed by US Dollar strength
Written on May 12, 2025 at 6:10 am, by anakin
USD/CAD holds steady as US-China tariffs persist, economic slowdown looms, and Canadian data remains mixed.
Traders are eager for details on the US-China trade deal as WTI approaches $61.00
Written on May 12, 2025 at 5:40 am, by anakin
WTI Crude climbs near two-week high amid US-China trade optimism and mixed global supply signals.
The PBOC’s USD/CNY reference rate was 7.2066, lower than the estimated 7.2429 rate
Written on May 12, 2025 at 5:16 am, by anakin
PBOC sets yuan midpoint, injects liquidity; markets watch for outcomes from China-U.S. trade discussions.
Optimism regarding US-China trade eases tensions, prompting buyers to support NZD/USD above 0.5900
Written on May 12, 2025 at 5:10 am, by anakin
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
Written on May 12, 2025 at 4:45 am, by anakin
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
Written on May 12, 2025 at 4:15 am, by anakin
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
Written on May 12, 2025 at 4:10 am, by anakin
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
Written on May 12, 2025 at 3:45 am, by anakin
PBOC sets daily yuan midpoint at 7.2429, guiding USD/CNY within a controlled 2% trading band.
The EUR/USD pair is declining to around 1.1240 after previous session gains, influenced by ECB signals
Written on May 12, 2025 at 3:40 am, by anakin
EUR/USD dips amid ECB rate cut talk, US-China trade optimism, and looming EU countermeasures on tariffs.
Japan’s April bank loans grew slower than March while US-China relations and drug prices dominate attention
Written on May 12, 2025 at 3:15 am, by anakin
US-China relations show progress with planned meetings; US targets lower prescription drug prices to aid consumers.
