China’s central bank likely to reverse FX measures as yuan strengthens

China’s central bank likely to reverse FX measures as yuan strengthens
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China’s central bank likely to reverse FX measures as yuan strengthens
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At Tuesday’s close, the Dow Jones (US30) Index was down 1.55%. The S&P 500 Index (US500) decreased by 1.22%. The Nasdaq Technology Index (US100) lost 0.36%. The US stock futures rose on Wednesday after Commerce Secretary Howard Lutnick said a potential tariff compromise between the United States, Canada, and Mexico could be in the works….
The USD/CAD weekly forecast remains in a gradual downtrend amid a weaker greenback. BoC and Fed divergence could remain favorable for the USD/CAD sellers. Job reports from both sides, due next week, will be key to watch. The USD/CAD closed last week under pressure, extending a gradual downward trend that began in late 2025. Both…
Quantitative Easing is a powerful monetary policy used by central banks to support the economy during downturns. It involves large-scale asset purchases to inject money into the financial system. By increasing economic liquidity, it encourages lending and investment. This strategy influences financial markets, interest rates, and inflation. Many wonder how it works and whether it…
Before you open a live forex account, you must familiarize yourself with the most common mental mistakes new traders make. You’ll probably still make them anyway, but at least you’ll be aware you’re making them which will hopefully make it easier for you to correct them. 1. Overconfidence Trading for a living can be a…
Another wave of leadership changes swept the industry this week. Anthony Wollenberg, a founder shareholder and non-executive director of eToro UK, left the company’s board after serving for over 14 years. The move, disclosed in recent filings with Companies House, marked the departure of one of the last board members tied to the platform’s formative…
The US Securities and Exchange Commission (SEC) clarified its stance on proof-of-work (PoW) cryptocurrency mining, ruling that it does not constitute securities trading under US law. This statement provides long-awaited clarity for crypto miners and the broader blockchain industry, confirming that mining activities do not fall under securities regulations when conducted on public, permissionless networks….