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USD/CNY fixed at 6.7330; oil eases on Trump Iran pledge, gold nears $4,180

Forexlive Sentiment: Negative
The PBOC set the USD/CNY reference rate at 6.7330 during the Asia-Pacific session. The source reports no other currency price moves, pip figures or technical levels. Oil eased after a pledge by President Trump regarding Iran, though the source does not detail the pledge or quantify the move. Separately, US refiners are set for windfall Q3 profits as wars push diesel margins to records. Gold rose toward $4,180 as Treasury yields eased from 24-year highs and the US dollar paused. In Japan, the government is rebooting a DOGE-style spending review to fund Takaichi's pledges as JGB yields climb, which puts fiscal policy and bond-market pressure in focus for the yen. Other headlines include Trump disclosing up to $1.6 million in Nvidia stock purchases and the Nasdaq CEO saying tokenization could free tens of billions in trapped collateral. For traders, the key cross-asset themes are easing US yields from 24-year highs, a pausing dollar, geopolitically driven energy moves and Japanese fiscal and JGB dynamics.

Related Symbols:

USDCNY XAUUSD

News data provided by Finnhub. ForexSentiment.live provides this summary as a convenience with proper attribution to the original source. The full article is available at the original publisher's website.

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