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Markets
USD/CHF consolidates around 0.7950 as investors await US inflation data
The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US)…
EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the…
Australian Dollar declines as US Dollar holds ground amid market caution
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day. The AUD/USD pair may gain ground as the Aussie Dollar could receive…
XAG/USD slides below $66, bullish setup intact
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and currently trades around the $65.75-$65.70 region, down over 1% for the day. The white metal,…
PBOC sets USD/CNY reference rate at 7.0583 vs. 7.0573 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0583 compared to the previous day's fix of 7.0573.
PBOC…
New Zealand Dollar holds below 0.5800 despite robust New Zealand Q3 GDP growth
The NZD/USD pair remains weak near 0.5770 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback despite a…
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New Zealand’s Gross Domestic Product grows 1.1% QoQ in Q3 vs. 0.9% expected
New Zealand's Gross Domestic Product (GDP) grew by 1.1% QoQ in the third quarter (Q3), compared with a 1.0% contraction (revised from -0.9%) in the second quarter, Statistics New…
Growth is solid, expects to see that continuing in 2026
Atlanta Federal Reserve (Fed) President Raphael Bostic said on Wednesday that GVP growth is solid and that he expects to see that continuing in 2026, while participating in a…
Despite nervousness over labor market and AI, analysts expect earnings to improve in 2026
BlackRock, the world's largest asset manager, ran an online survey in early December asking respondents whether attractive returns for risk assets would continue for a fourth…