Wonderful introduction:
Let your sorrows be full of worries, and you can't sleep, and you can't sleep. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?
Hello everyone, today XM Foreign Exchange will bring you "【XM Foreign Exchange Market Analysis】: Collection of positive and negative news that affects the foreign exchange market". Hope it will be www.xm-bx.comful to you! The original content is as follows:
China's foreign exchange reserve scale hit a new high in the past 10 years: As of the end of August 2025, China's foreign exchange reserve scale was US$332.2 billion, up 29.9 billion from the end of July, an increase of 0.91%, and once again stood at the 3.3 trillion US dollar mark after the end of June, setting a new high in the past 10 years. China's economic operation is stable and progressing, providing www.xm-bx.com for the basic stability of the scale of foreign exchange reserves, and also www.xm-bx.coming boost market confidence and stabilize the RMB exchange rate.
The proportion of RMB in cross-border trade has increased significantly: Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said that the proportion of RMB in cross-border trade has increased from 16% in 2020 to nearly 30%, and the resilience of the foreign exchange market has been further enhanced. This shows that the RMB's acceptance in international transactions is increasing, www.xm-bx.coming the RMB exchange rate.
The exchange rates of some currency pairs rose: On September 29, multiple currency pairs showed an upward trend. For example, the RMB exchange rate against Papua New Guinea Kina rose by 3.3904%, the offshore RMB exchange rate against Papua New Guinea Kina rose by 3.4294%, the Seychelles rupee against the US dollar rose by 2.0489%, and the British pound rose by 1.9846% against the Argentine peso, etc. The strengthening of these currencies reflects the positive impact of economic or policy factors in specific regions.
Up certainty in the Fed's decision-making has increased: due to factors such as inflation risks caused by US tariff policies and the interference of US President Trump in the Fed's independence, the uncertainty in the pace of the Fed's interest rate cut has intensified. If Trump successfully removes Cook and nominates a new director, he will gain actual control over interest rate decisionsThis may intensify fluctuations in the U.S. stock market and the U.S. dollar exchange rate, increasing uncertainty in the international foreign exchange market.
The exchange rates of some currency pairs fell: On September 29, the exchange rates of some currency pairs fell. For example, the exchange rate of the US dollar against the pound fell by 0.0522%, the exchange rate of the RMB against the Fijian dollar fell by 0.0319%, the exchange rate of the RMB against Georgian Lari fell by 0.0213%, and the exchange rate of the Japanese yen against Tonga Panga fell by 3.4483%, etc. The weakening of these currencies may have a certain impact on investors in related currencies.
Global economic uncertainty remains: many countries have sent signals of reducing their dependence on US dollar assets to hedge against the impact of factors such as weak US dollar exchange rate, high tariff pressure, and spillover effects of Federal Reserve policies. At the same time, the outlook for US tariff policies is unclear and global economic uncertainty still exists, which may lead to intensified foreign exchange market volatility and pose risks to investors.
Overall, on September 29, the foreign exchange market was facing a situation of long and short intertwined situation, and investors need to pay close attention to the changes in the above factors in order to make reasonable investment decisions.
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