forex

China's central bank is expected to fix the USD/CNY daily reference rate at 6.7085, according to a Reuters estimate. The PBOC sets the yuan's midpoint each trading day, and traders watch the fix closely for signals on official policy toward the currency and the wider economy. The expected level is being picked up by forex market observers ahead of the announcement.

The Bank of Korea said it will closely monitor financial and foreign exchange markets, signalling heightened vigilance over market volatility and currency movements. The statement puts markets on watch for potential policy responses if swings in the won or asset prices become disorderly.

Traders are asking how long it takes to become consistently profitable in forex, with the question circulating under trading education and live trading discussions. There is no agreed answer, but the debate touches on how much time, strategy practice and risk management experience beginners need before turning steady profits.

A live trading session hosted by Mehak Trades is drawing attention, covering real-time setups in gold, bitcoin and forex markets. The stream is part of a growing trend of retail traders broadcasting their trades live, letting viewers follow entries, exits and risk management as markets move. Engagement figures of more than 100,000 indicate a sizable audience tuning in to watch the session and trade along.

Japanese authorities are holding off on currency market intervention as the yen firms against the dollar. Officials had repeatedly stepped in to support the currency during its long slide, and the latest pause signals they see less urgency now that the exchange rate has moved in their favor. Markets are watching closely for any sign Tokyo will resume action if the yen weakens again.

Japanese authorities have stepped back from currency market intervention after the yen gained strength, according to the Wall Street Journal. Tokyo had repeatedly bought the yen in recent episodes of sharp depreciation, so the pause signals officials see current exchange-rate levels as acceptable. Traders and analysts are watching for whether the government will resume action if the currency weakens again.