The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a central reference rate, or “midpoint.” The rate set under 7 today for the first time since May 2023. Previous close 6.9540 more to come This article was written by Eamonn Sheridan at investinglive.com.
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2026.01.26 2026.01.26 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.01.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Wave (Z) continues to develop. The price may decline to 80,770.57. Consider short positions. XRPUSD: The price continues to decline…
Markets delivered divergent performance at the start of a busy week, with the dollar sliding toward four-month lows, while gold surged above $5,000 for the first time and equities advanced on energy sector strength amid soaring natural gas prices. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines…
Markets: Silver touches $117.69, finishes up $5.75 to $108.71 Gold up $74 to $5056 WTI crude oil down 28-cents to $60.78 S&P 500 up 36 points to 6951 JPY leads, CAD lags US 10-year yields down 2.6 bps to 4.21% Newsflow was light be trading action was lively on Monday, particularly in previous metals. Gold hit $5000 for the…
HSBC Asset Management reports a significant increase in yields on long-dated Japanese government bonds (JGBs) as of January 2026. This surge is attributed to rising concerns regarding Japan’s medium-term fiscal outlook, particularly with Prime Minister Sanae Takaichi’s announcement of substantial spending plans ahead of the upcoming general election. Rising yields signal fiscal unease “A pick-up in yields on long-dated…
2026.01.26 2026.01.26 Ease of Movement Indicator: Trading with EOM Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Ease of Movement (EOM) indicator is a volume-based oscillator that measures how easily price movement occurs relative to trading volume. When price advances with relatively low volume, it suggests that the market is moving easily, which may indicate underlying trend strength. If an increase in trading volume…
Last Friday delivered a stark reminder that in currency markets, words can move billions of dollars faster than any actual transaction. The Japanese yen surged 1.75% in a single day—its sharpest rally since August—after the Federal Reserve Bank of New York conducted “rate checks” with financial institutions about yen exchange rates. The move sent a clear signal: authorities are…
Silver is up 9% or $9.20 to $112, which is a fresh all-time high. Note that it just broke $100 for the first time on Friday and it’s gone straight through the big figure in an incredible parabolic move. This is one for the history books as silver has now doubled since December 15. silver daily What else is…
TD Securities anticipates the FOMC will maintain current interest rates during its upcoming meeting, with potential for future cuts beginning in March. The report highlights a stronger GDP growth projection due to increased personal spending and tax refunds. Analysts note that economic activity may remain robust at the start of 2026, impacting the Fed’s decision-making process. TD Securities Chief…
