Hungary’s forint eases ahead of central bank rate decision

Hungary’s forint eases ahead of central bank rate decision
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Hungary’s forint eases ahead of central bank rate decision
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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 to fluctuate within a certain range, called a “band,” around a central reference rate,…
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Apple is expected to release the new iPhone 17 series on September 9th (US time). Foxconn in China is the main contract manufacturer. Foxconn is ramping wages higher to attract workers in order to hit shipment targets: media reports indicate that employees at Foxconn’s Zhengzhou plant are “working overtime every day.” factory launched a series…
Events to watch out for today: 12:00 GMT+3. EUR – Core consumer price index m/m 15:30 GMT+3. USD – Change in personal income/expenditures EURUSD: The EUR and USD pairing dipped to 1.0790 on Thursday before a recovery in the broad market forced the dollar lower. US gross domestic product (GDP) growth fell in line with…
AUD/CAD looks ready to reverse its August trend! Will Australia’s monthly inflation report help turn the tides for Aussie and Loonie traders? Check out why AUD/CAD may warrant a second look ahead of Australia’s CPI report: This Article Is For Premium Members Only Become a Premium member for full website access, plus get:…