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24 February 2025
During Monday’s Asian trading, West Texas Intermediate oil hovers around $70.30 amid Kurdish export concerns.

WTI oil rose to $70.30 but faced pressure from Kurdistan exports, US tariffs, and economic data anticipation.

24 February 2025
The USD uptrend may have ended but expect it to stabilise.

The US dollar’s uptrend has broken; indicators suggest weakening, but a downtrend is not yet confirmed.

24 February 2025
Following Retail Sales, NZD/USD trades around 0.5750, recovering losses from the prior session.

NZD/USD rises to 0.5750 after strong retail sales, supported by China’s policies but facing US risks.

24 February 2025
Shares of COSCO fell 8% due to Trump’s proposed fees affecting China’s commercial shipping.

China COSCO Shipping shares fell 8% after Donald Trump proposed fees and shipping requirements for Chinese-built vessels.

24 February 2025
During Monday’s Asian session, gold (XAU/USD) dipped to around $2,925 amid profit-taking.

Gold prices fell to $2,925 after profit-taking. US tariffs, central bank demand, and economic uncertainty influence trends.

24 February 2025
Today’s USD/CNY reference rate set by PBOC is 7.1717, lower than the expected 7.2495.

PBOC sets yuan midpoint, allows ±2% fluctuation. Injects CNY 292.5B via reverse repos. China advances rural reforms.

24 February 2025
The People’s Bank of China established a USD/CNY central rate of 7.1717, slightly up from 7.1696.

PBOC set the USD/CNY rate at 7.1717, using monetary tools to maintain stability and support growth.

24 February 2025
Following German election results, the euro has strengthened, pushing EUR/USD above 1.05.

The Euro rises above 1.05 as German conservatives win, boosting confidence despite expected coalition negotiations.

24 February 2025
During the Asian session, GBP/USD rises above the mid-1.2600s, nearing Friday’s two-month high.

GBP/USD climbs on weak USD, supported by strong UK data, despite BoE outlook; further gains possible.

24 February 2025
The USD/JPY has fallen below 149.00 as concerns over JGB yields have eased.

USD/JPY falls below 149.00 as yen strengthens amid easing concerns over Japanese Government Bond yield increases.

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