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<p><img width="573" height="302" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-nz1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>New Zealand’s BusinessNZ Performance of Manufa

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-japan5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>Japan&#8217;s CPI core, excluding fresh food, deceler

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-fed3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>Atlanta Fed Raphael Bostic

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-usd-jpy14.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>Yen’ decline resu

<p>Everyone was screaming "sell the fact!" on the ETF approval news. </p><p>Its been ongoing:</p><ul><li><a href="https://www.forexlive.com/Cryptocurrency/etf-buyers-caught-holding-the-bag-as-bitcoin-nears-40000-20240118/" target="_blank" rel="follow" data-article-link=&

<p>Lagarde will be speaking at 1000 GMT, which is 0500 US Eastern time. </p><p>Also on the circuit today is ECB board member Elizabeth McCaul </p><p>As part of a panel at the 12th Institute for Law and Finance (ILF) Conference on the Future of the Financial Sector “Navigating higher rates, volatility and liquidity cris

<p>Japan finance minister Suzuki</p><ul><li>Forex moves are driven by various factors</li><li>the government is watching FX developments carefully</li><li>its important for FX to move stably, reflecting fundamentals</li></ul><p>and, on the Bank of Japan:</p><ul><li>

<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>

<p>China's currency has been on a fresh downward spiral since the beginning of the new year.</p><p>Earlier this week state banks were in the market selling USD/CNY ahead of 7.20 trying to support the currency. On Tuesday the offshore yuan (CNH) hit a 2 month low. </p><p>The People's Bank of China have been ho

<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan