Tag: Central bank interest rates
China’s People’s Bank Cuts 14-Day Reverse Repo Rate to 1.85%
China's People's Bank of China (PBOC) recently made a significant move by cutting the 14-day reverse repo rate to 1.85%. This decision came as the PBOC injected 74.5 billion yuan liquidity into the banking...
USD/JPY Rises as Market Anticipates BoJ Policy Shift – Action Forex
USD/JPY Surges as Market Awaits BoJ Policy ShiftThe USD/JPY pair experienced a slight uptick, reaching 145.95 on Wednesday morning, marking a recovery from two-week lows. Although this movement is a positive sign, it may...