PBOC sets USD/CNY reference rate at 7.1692 vs. 7.1714 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1692 as compared to the previous day's fix of 7.1714 and 7.2386 Reuters estimates.

Mar 6, 2025

US President Donald Trump working with House Republicans for bill to fund government until September

US President Donald Trump stated on Wednesday he was working with Republicans in the House of Representatives on a continuing resolution to fund the government until September, per Reuters.

Japan’s Top FX Diplomat Mimura says seeing an increase in trade protectionism, such as tariffs

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange diplomat, said on Thursday that the officials are seeing an increase in protectionism, such as tariffs.