1 hour ago

Fed's Bostic: No need to cut rates now

Atlanta Federal Reserve (Fed) President Raphael Bostic told Reuters on Tuesday that the Fed does not need to cut the policy rate now, noting that inflation risks remain as businesses run out of ways to postpone tariff driven price hikes.
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1 hour ago

USD/CNH: Likely moves into a 7.1620/7.2200 – UOB Group

US Dollar (USD) could edge lower against Chinese Yuan (CNH), but any decline is unlikely to break below the major support at 7.1620. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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