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On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1063 as compared to the previous day's fix of 7.1108 and 7.1479 Reuters estimate.

Created : 2025.08.28 10:20

Last updated : 2025.08.28

GBP/USD remains steady after two days of gains, trading around 1.3500 during the Asian hours on Thursday. The pair may further appreciate as the US Dollar (USD) struggles amid rising concerns over the US Federal Reserve's (Fed) independence.

Created : 2025.08.28 10:02

Last updated : 2025.08.28

The NZD/USD pair trades on a flat note around 0.5860 during the early Asian session on Thursday.

Created : 2025.08.28 09:56

Last updated : 2025.08.28

China's chipmakers are seeking to triple the country's total output of artificial intelligence processors next year, the Financial Times reported on Thursday. 

Created : 2025.08.28 09:32

Last updated : 2025.08.28

The AUD/USD pair extends the rally to near 0.6505 during the early Asian session on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as hotter-than-expected Australian inflation data dents bets on the Reserve Bank of Australia (RBA) rate cut.

Created : 2025.08.28 08:51

Last updated : 2025.08.28

The USD/JPY pair loses ground to near 147.20 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as worries persist over the Federal Reserve's (Fed) independence.

Created : 2025.08.28 08:09

Last updated : 2025.08.28

USD/CHF extended its downtrend for the second straight day, down 0.16%, trading at 0.8020 after hitting a daily high of 0.8076. A flight to safety has favored the Swiss Franc as the Dollar digest the dovish tilt by the Fed Chair Jerome Powell, who opened the door for adjusting interest rates.

Created : 2025.08.28 07:16

Last updated : 2025.08.28

The EUR/USD retreats a minimal 0.10% on Wednesday as developments about the Federal Reserve's independence dissipated, while the French Prime Minister Bayrou called for a confidence vote. At the time of writing, the pair trades at 1.1631, after hitting a daily high of 1.1647.

Created : 2025.08.28 06:58

Last updated : 2025.08.28

The Canadian Dollar (CAD) drifted higher on Wednesday, driven by a general upswing in broad-market sentiment that pushed the safe-haven US Dollar (USD) into a holding pattern. The Loonie has risen for three out of the last four trading sessions, extending a near-term CAD bounce from recent lows.

Created : 2025.08.28 03:49

Last updated : 2025.08.28

WTI (West Texas Intermediate) Crude Oil is rebounding on Wednesday after a sharp 2.27% drop in the previous session. At the time of writing, the US benchmark trades near $64.00 per barrel, up 1.2% on the day and recovering from a five-day low of $62.80 hit earlier in European trading hours.

Created : 2025.08.28 03:43

Last updated : 2025.08.28

The Dow Jones Industrial Average (DJIA) drifted upwards on Wednesday as global equities grind their way higher heading through the midweek lull.

Created : 2025.08.28 03:35

Last updated : 2025.08.28

The US Dollar (USD) ended the day alternating gains with losses, giving away strong gains recorded earlier in the day on Wednesday. This irresolute price action came amid unabated concerns surrounding the Fed's independence and the absence of important developments on the trade front.

Created : 2025.08.28 03:21

Last updated : 2025.08.28

Gold price remains steady on Wednesday, even though the Greenback recovered from earlier losses triggered by threats to the Federal Reserve's (Fed) independence. Nevertheless, Bullion sellers are not out of the woods as pressure from the White House continues. The XAU/USD trades at $3,397, up 0.12%.

Created : 2025.08.28 03:10

Last updated : 2025.08.28

The Australian Dollar (AUD) rebounds sharply on Wednesday after edging lower earlier in the day, as the US Dollar (USD) gave up some of its intraday strength.

Created : 2025.08.28 02:44

Last updated : 2025.08.28

Silver (XAG/USD) trades slightly lower on Wednesday, having trimmed earlier losses after finding support near the $38.00 handle. The metal came under pressure earlier in the session as a stronger US Dollar (USD) capped upside momentum.

Created : 2025.08.28 00:30

Last updated : 2025.08.28

The GBP/USD dropped over 0.16% on Wednesday as the US dollar continued to recover some ground, courtesy of the White House's threats to the independence of the Federal Reserve (Fed), which triggered a rise on the long end of US Treasury bond yields.

Created : 2025.08.28 00:27

Last updated : 2025.08.28

The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.

Created : 2025.08.27 23:23

Last updated : 2025.08.27

The Euro (EUR) recovers some lost ground against the Japanese Yen (JPY) on Wednesday, with EUR/JPY trading near 171.76 at the time of writing. The cross had slipped to a one-week low earlier in the day after disappointing German Consumer Confidence data briefly pressured the single currency.

Created : 2025.08.27 22:07

Last updated : 2025.08.27

In an interview with CNBC on Wednesday, Federal Reserve Bank of New York President John Williams said that he expects the Gross Domestic Product growth will continue to slow, per Reuters.

Created : 2025.08.27 21:49

Last updated : 2025.08.27

Gold (XAU/USD) is trading on the back foot on Wednesday as the US Dollar (USD) regains strength and edges higher, despite political turmoil surrounding US President Donald Trump's attempt to oust Federal Reserve (Fed) Governor Lisa Cook.

Created : 2025.08.27 21:23

Last updated : 2025.08.27