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PBOC sets USD/CNY reference rate at 7.0754 vs. 7.0794 previous
PBOC sets USD/CNY reference rate at 7.0754 vs. 7.0794 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0754 compared to the previous day's fix of 7.0794.
USDCNY
PBOC
CentralBanks
Currencies
AUD/JPY holds losses below 102.50 on weak Australian GDP report
AUD/JPY holds losses below 102.50 on weak Australian GDP report
The AUD/JPY cross loses ground to near 102.25 during the early Asian session on Wednesday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) following the Australian economic data.
AUDJPY
Macroeconomics
Crosses
GDP
Australia
Breaking: Australian Gross Domestic Product grows 0.4% QoQ in Q3 vs. 0.7% expected
Breaking: Australian Gross Domestic Product grows 0.4% QoQ in Q3 vs. 0.7% expected
Australia’s Gross Domestic Product (GDP) rose 0.4% QoQ in the third quarter (Q3) of 2025 compared with the 0.6% growth in the second quarter, the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in weaker than the expectations of 0.7% expansion.
Breaking
Australia
GDP
Macroeconomics
AUDUSD
Gold Price Forecast: XAU/USD falls to near $4,200 on profit-taking, traders await US data
Gold Price Forecast: XAU/USD falls to near $4,200 on profit-taking, traders await US data
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases.
Commodities
Gold
XAUUSD
Macroeconomics
GBP/USD tepid near 1.3200 as rate watchers look on
GBP/USD tepid near 1.3200 as rate watchers look on
GBP/USD cycled around the 1.3200 level on Tuesday as Cable traders keep their heads down during the long wait for further signs of interest rate cuts from both the Federal Reserve (Fed) and the Bank of England (BoE) heading into the final weeks of 2025.
GBPUSD
Currencies
Fed
BOE
Today's Tennessee special election will get the market's attention
Today's Tennessee special election will get the market's attention
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Today's Tennessee special election will get the market's attention
TN-07 House special election results will be out later
Politics
USD/JPY rebounds above 155.50 despite BoJ hike prospects
USD/JPY rebounds above 155.50 despite BoJ hike prospects
The USD/JPY pair attracts some buyers to around 155.85, snapping the three-day losing streak during the early Asian session on Wednesday. The US Dollar (USD) recovers some lost ground against the Japanese Yen (JPY) as traders gear up for upcoming key US data releases.
USDJPY
Majors
Macroeconomics
BOJ
EUR/USD jumps as growing Fed-cut bets and risk-on mood lift Euro
EUR/USD jumps as growing Fed-cut bets and risk-on mood lift Euro
The EUR/USD registers modest gains of 0.12% late on Tuesday during the North American session, as risk-appetite improves. Expectations for another Fed rate cut in December and Eurozone’s elevated inflation reading, keep the shared currency bid.
EURUSD
Technical Analysis
Fundamental Analysis
Majors
SEO
RBA's Bullock: Inflation expectations are still anchored
RBA's Bullock: Inflation expectations are still anchored
Reserve Bank of Australia (RBA) Governor Bullock said on Wednesday that inflation has surprised on the upside, adding that If inflation proves more persistent, it would have implications for policy.
Australia
Macroeconomics
RBA
CentralBanks
Trump said he had a very productive call with Lula
Trump said he had a very productive call with Lula
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Trump said he had a very productive call with Lula
Trump spoke with his Brazilian counterpart
Politics
USD
Australia November AiG Industry Index -12.5 vs -11.9 prior
Australia November AiG Industry Index -12.5 vs -11.9 prior
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Australia November AiG Industry Index -12.5 vs -11.9 prior
Construction activity falls off a cliff as inflationary pressures re-emerge
investingLive Americas FX news wrap 2 Dec: USD waffles. Stocks are up but not out of woods
investingLive Americas FX news wrap 2 Dec: USD waffles. Stocks are up but not out of woods
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investingLive Americas FX news wrap 2 Dec: USD waffles. Stocks are up but not out of woods
Forex news for North American trading on Dec 2, 2025
Session wrap
Wrap Nth America
Australian PMIs in focus first with GDP to come later
Australian PMIs in focus first with GDP to come later
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Australian PMIs in focus first with GDP to come later
Australian third quarter due up later
economic calendar
Trump: "Trump Accounts" to start July 4, 2026
Trump: "Trump Accounts" to start July 4, 2026
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Trump: "Trump Accounts" to start July 4, 2026
Eligible chirldren born 2025 to 2028 may receive a USD $1000 government contribution to jump start long term savings
President Trump tips hat toward Kevin Hassett as potential Fed Chair
President Trump tips hat toward Kevin Hassett as potential Fed Chair
US President Donald Trump teased that a possible pick from his list of potential Federal Reserve (Fed) Chair candidates could be Kevin Hassett, the current chairman of the National Economic Council, who was tapped by Donald Trump for the position.
UnitedStates
Politics
Fed
Crude oil settles at $58.64. Up $0.68 or 1.15%
Crude oil settles at $58.64. Up $0.68 or 1.15%
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Crude oil settles at $58.64. Up $0.68 or 1.15%
Crude oil trades up and down and above and below its 100 and 200 hour moving averages
Dow Jones Industrial Average grabs a cautious bullish candle on Tuesday
Dow Jones Industrial Average grabs a cautious bullish candle on Tuesday
The Dow Jones Industrial Average (DJIA) faced a messy session on Tuesday, exploring early upside and challenging the 47,600 level before getting knocked back down once again and ending the day on a cautious high note.
DowJones
Equities
SEO
Bullish
FX Today: Focus stays on US data alongside Chinese PMIs and GDP in Oz
FX Today: Focus stays on US data alongside Chinese PMIs and GDP in Oz
The US Dollar (USD) advanced marginally on turnaround Tuesday, enough to halt a multi-day decline as investors geared up for upcoming key US data releases, while speculation around another Fed rate cut next week remained on the rise.
DollarIndex
Currencies
PMI
Majors
EUR/USD Price Forecast: Technical structure favors bulls as price holds wedge breakout
EUR/USD Price Forecast: Technical structure favors bulls as price holds wedge breakout
The Euro (EUR) trades flat against the US Dollar (USD) on Tuesday, pressured by a steady Greenback in an otherwise calm market. At the time of writing, EUR/USD is trading around 1.1607, pausing a six-day winning streak after briefly rising to over two-week highs on Monday.
EURUSD
Technical Analysis
SupportResistance
ChartPatterns
Silver price eases amid profit-taking, US data anticipation
Silver price eases amid profit-taking, US data anticipation
Silver (XAG/USD) moves lower on Tuesday, trading around $57.50 at the time of writing, down 0.70% on the day. The white metal is easing after Monday’s solid upward move, as market participants trim exposure ahead of several key US macroeconomic releases.
Silver
XAGUSD
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD holds steady near 1.3200 on Tuesday as the US Dollar (USD) registers minimal gains, despite the US economy continuing to show signs of weakness, which could prompt the Federal Reserve (Fed) to ease policy in the December meeting.
GBPUSD
Majors
Currencies
Fundamental Analysis
Technical Analysis
NZD/USD gains as softer US Dollar, RBNZ's tone bolster sentiment
NZD/USD gains as softer US Dollar, RBNZ's tone bolster sentiment
NZD/USD trades slightly higher around 0.5740 on Tuesday at the time of writing, up 0.20% on the day. The pair benefits from renewed downward pressure on the US Dollar (USD), which remains weak as expectations build for further monetary easing from the Federal Reserve (Fed) in December.
NZDUSD
EUR/CHF dips after mixed Eurozone CPI; focus turns to Swiss inflation figures
EUR/CHF dips after mixed Eurozone CPI; focus turns to Swiss inflation figures
The Euro (EUR) edges lower against the Swiss Franc (CHF) on Tuesday, with EUR/CHF trading around 0.9333, easing slightly from the upper end of its multi-day range after trading flat for most of the day as traders show a muted reaction to preliminary Eurozone inflation data.
EURCHF
ECB
SNB
Inflation
InterestRate
Copper rally receives new momentum – Commerzbank
Copper rally receives new momentum – Commerzbank
According to Shanghai Metals Market, China's leading Copper smelters have agreed to cut production by more than 10% in the coming year.
Metals
Banks
Copper
Commodities
China
Momentum
Silver price takes off to the next level – Commerzbank
Silver price takes off to the next level – Commerzbank
Silver briefly rose to $58.84 per troy ounce, marking a temporary halt after a 10% spike since Friday and lifting its year-to-date gains above 100%.
Banks
Silver
Metals
Commodities
XAGUSD
EUR/CHF stabilizes around 0.92 amid trade deal news – Rabobank
EUR/CHF stabilizes around 0.92 amid trade deal news – Rabobank
After briefly dipping below 0.92 last month, EUR/CHF has trended higher, supported by Switzerland’s strong economic fundamentals.
Banks
EURCHF
Technical Analysis
Switzerland
US Govt's tougher stance on Venezuela has yet to affect Oil production – Commerzbank
US Govt's tougher stance on Venezuela has yet to affect Oil production – Commerzbank
The US closure of Venezuelan airspace over the weekend has escalated tensions, but Oil production remains largely unaffected.
Oil
Banks
Commodities
Energy
JPY weakens amid mild USD strength – Scotiabank
JPY weakens amid mild USD strength – Scotiabank
The Japanese Yen (JPY) slipped 0.3% against the US Dollar (USD), underperforming most G10 currencies as markets digest BoJ Governor Ueda’s hawkish comments.
USDJPY
BOJ
Banks
Japan
Ukraine's attacks on Russian energy infrastructure at record high – Commerzbank
Ukraine's attacks on Russian energy infrastructure at record high – Commerzbank
November saw a record number of Ukrainian attacks on Russian energy targets, with drones hitting refineries and Black Sea tankers, reducing daily processing to around 5 million barrels.
Commodities
Oil
Banks
Energy
RussianFederation
GBP holds mid-range among G10 ahead of quiet Data week – Scotiabank
GBP holds mid-range among G10 ahead of quiet Data week – Scotiabank
The Pound Sterling (GBP) is modestly lower ahead of Tuesday’s North American session, with limited domestic data leaving the market focused on Bank of England policy, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBPUSD
Banks
BOE
UnitedKingdom
Ukraine's Zelinskyy: Now is a better chance than ever to end the war
Ukraine's Zelinskyy: Now is a better chance than ever to end the war
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Ukraine's Zelinskyy: Now is a better chance than ever to end the war
Ukraine's Zelinskyy optimistic about ending war, awaits US communication post-Putin meeting, ready to meet with US President Trump for peace talks.
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