บทความและสาระน่ารู้

Amidst the closure of the Strait of Hormuz due to the ongoing war in the Middle East involving the United States (US), Israel, and Iran, Japan has started releasing oil from its energy reserves.

USD/JPY edges lower after four days of losses, trading around 159.60 during the Asian hours on Monday. On the daily chart, technical analysis indicates a persistent bullish bias as the pair remains within the ascending channel pattern.

Gold price (XAU/USD) slumps to around $4,967.70 during the early Asian session on Monday. The precious metal faces selling pressure as uncertainty surrounding the monetary policy announcement by major central banks this week is dominating the intense geopolitical conflict in the Middle East.

A spokesperson from China’s National Bureau of Statistics (NBS) outlines various measures during the Asian trading session on Monday, which the government intends to adopt this year to support consumer demand and the economy.

The NZD/USD pair gains traction to near 0.5805 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the release of the Chinese February Retail Sales and Industrial Production reports.

AUD/USD edges higher after two days of losses, trading around 0.7010 during the Asian hours on Monday. The pair holds ground following the release of key economic data from China.

Japanese Prime Minister (PM) Sanae Takaichi said on Monday that “Japan has no plan currently to dispatch its navy to the Middle East to escort vessels.”

China’s Retail Sales rose 2.8% year-over-year (YoY) in January-February vs. 2.5% expected and 0.9% in December, the latest data released by the National Bureau of Statistics (NBS) showed Monday.

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9057 compared to last Friday's fix of 6.9007 and 6.9061 Reuters estimate.

Japan’s Finance Minister Satsuki Katayama said on Monday that officials were prepared to take decisive steps on foreign exchange. Policymakers declined to comment on specific currency levels.