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The People's Bank of China signalled a strong preference on Tuesday for stabilizing, or potentially strengthening, the trade-weighted renminbi, a move that could impact the US dollar and other currencies.
April 29,2025
The Bank sees increasing reason to signal it can step up the pace of interest rate cuts.
April 29,2025
Pound Sterling was ‘standing to’ on Tuesday after the Chinese Renminbi seemingly sought to prevent the Graceful and New going out to the Carribean Blue, leading an old band to sing, “I’ll be watching you.”
April 29,2025
The British Pound slipped further from recent highs against the US Dollar and continued to be held down by the Chinese Renminbi in Friday trade, as a wise one showed patience, while a Birdy sang “Help the People,” and Dire Straits did a rendition of “Telegraph Road.”
April 25,2025
"The dollar bear market is finally here" - Deutsche Bank.
April 25,2025
Pound Sterling was laid down in green pastures afresh on Thursday but could be set to rally much further against the broadly weaker US Dollar, and perhaps even all other currencies, in the days, weeks and months ahead, as a metaphoric Exodus from American assets continues, and the greenback cracks.
April 24,2025
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