China PBoC Interest Rate Decision above expectations (3.4%): Actual (3.45%)

Aug 21, 2023

US Dollar Index: DXY retreats towards 103.00 on Friday’s Doji, Fed remarks at Jackson Hole eyed

US Dollar Index (DXY) bulls take a breather after a five-week uptrend as markets appear dicey about Federal Reserve (Fed) Chairman Jerome Powell’s spe

PBOC cuts one-year Loan Prime Rates to 3.45% but keeps five-year LPRs unchanged

On Monday, China's central bank, the People’s Bank of China (PBOC), lowered the one-year Loan Prime Rate (LPR) to 3.45% from 3.55% previous as expecte