PBOC to Set USD/CNY Reference Rate at 7.1744

PBOC to Set USD/CNY Reference Rate at 7.1744

PBOC’s role in setting the yuan midpoint Such interventions are aimed at preventing excessive appreciation or depreciation of the currency, which could disrupt economic stability and affect international trade and investment flows. By stabilizing the yuan’s value, the PBOC seeks to ensure a controlled and predictable currency environment that supports China’s economic objectives and maintains confidence among global investors and trading partners.

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Singapore Q2 GDP Shows 1.4% QoQ and 4.3% YoY Growth

Singapore Q2 GDP Shows 1.4% QoQ and 4.3% YoY Growth

Singapore’s economic performance in Q2 2025 While the data is preliminary, it provides a positive outlook for the remainder of the year, suggesting that Singapore is well-positioned to capitalize on emerging opportunities in the global market. However, economists caution that ongoing geopolitical tensions and trade disruptions could pose risks to maintaining this growth trajectory.

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Monday Open Levels: USD Slightly Higher on 14 July 2025

Monday Open Levels: USD Slightly Higher on 14 July 2025

reasons behind the tariff decision Additionally, there were concerns about the EU’s trade practices, which the U.S. government considered unfair. These included issues such as subsidies to European companies, which allegedly created an uneven competitive landscape. The tariff was thus a strategic move to pressure the EU into negotiating more favorable trade terms and potentially revising their policies to align better with international trade standards.

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US Tariffs and Forex Market Dynamics: Analysis by Andrea Russo

US Tariffs and Forex Market Dynamics: Analysis by Andrea Russo

us tariff threats and global market reactions Market Impact: The shift to safe-haven currencies has been notable. The US dollar is gaining ground as investors seek stability, while the EUR/USD and USD/CAD pairs remain under pressure. Market analysts note that the euro’s vulnerability stems not only from external trade threats but also from internal economic challenges, including slower growth rates in key EU economies.

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Forex Forecast for the Week of July 13

Forex Forecast for the Week of July 13

Impact of tariffs on global markets Central banks, including the Reserve Bank of Australia (RBA), closely monitor inflation data to determine interest rate adjustments. When inflation is above target levels, central banks may increase interest rates to cool economic activity, making a currency more attractive to investors seeking higher returns.

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