Chinese Yuan Steadies as PBoC Prioritises Currency Stability
Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill
The Chinese yuan has remained relatively stable, supported by the People’s Bank of China (PBoC) policy and a steady 10-year government bond yield near 1.66%. On Monday, the central bank kept the one-year and five-year loan prime rates (LPR) unchanged at 3.1% and 3.6%, respectively, marking the...
Yen Weakens as BoJ Holds Rates Steady in Light of Tariff Concerns
Markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The Japanese yen weakened while Japan’s 10-year government bond yield declined after the Bank of Japan (BoJ) maintained interest rates at 0.5% and lowered its growth projections due to increasing uncertainty around U.S. tariffs. The BoJ expressed concerns that higher...
