PBOC says will make it easier for foreign investors to use yuan to invest in Chinese markets 0 (0)

Comments by the Chinese central bank
The PBOC offers these remarks from time to time to appease market participants and continue to keep the image that its currency market is „fair game“. Nothing really new here but it just reaffirms that there are no changes to the narrative.

Go to Forexlive

EU agrees deal with AstraZeneca for 300 million doses of its coronavirus vaccine 0 (0)

The European Commission announces in a statement
The bloc also says that there is also an added option to purchase 100 million more doses of the vaccine, on behalf of EU member states, once the vaccine has proven to be safe and effective. The full statement can be found .

Go to Forexlive

Dollar, yen keep firmer amid the softer risk mood 0 (0)

EUR/USD slips to a session low of 1.1782, nears the 100-hour moving average
The dollar is keeping a little firmer on the session as it maintains slight gains against the likes of the euro, franc, loonie, aussie and kiwi currently. EUR/USD is seen slipping to a session low of 1.1782 and nears a test of the

Go to Forexlive

US president Trump: Post office funds the main hold ups in stimulus talks 0 (0)

Trump speaks in an interview with Fox Business
– USPS, mail-in funds the main holds ups in talks
– Democrats‘ demand for election funding also an issue holding up talks
Just a couple of token remarks by Trump so far, nothing for markets to really go on. The stalemate continues and will likely stay that way ahead of

Go to Forexlive

Brexit: Next round of UK-EU negotiations set for 18-21 August next week 0 (0)

The next round of Brexit talks will take place in Brussels next week
Negotiators will kick things off with a dinner on 18 August at 1700 GMT, before talks continue through the week and they will wrap things up on 21 August. After that, we can generally expect the usual press conferences from Frost and Barnier.

Go to Forexlive