Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
The U.S. dollar took a breather on Thursday after rallying on easing tensions over Federal Reserve leadership and U.S.-China trade policy. President Donald Trump stepped back from threats to fire Fed Chair Jerome Powell, while the White House signaled a more flexible stance on tariffs, reducing market anxiety.
After briefly dipping below 140 yen earlier in the week, the greenback rebounded and was last seen trading at 143.25 yen. Support also came from U.S. Treasury Secretary Scott Bessent, who stated the U.S. had no fixed currency target ahead of discussions with Japan. He added that the current trade embargo with China was "unsustainable," but emphasized the U.S. would not be the first to ease its steep tariffs on Chinese imports.
The euro edged lower to $1.1338 after recovering from a three-and-a-half-year low of $1.1572. ING currency strategist Francesco Pesole noted that the dollar remains highly sensitive to trade developments, cautioning that while short-term risks for the USD are tilted to the downside, recent heavy selling may not persist.
The euro-dollar exchange rate, Pesole added, is closely tied to broader dollar movements, with a rise above $1.15 possible if concerns resurface over the Fed’s independence.
Commodity-linked currencies also retreated slightly. The Australian dollar hovered at $0.6361, with resistance seen near its 50-day moving average of $0.6286 amid global growth concerns. The New Zealand dollar remained firm at $0.5949.
Sterling stabilized at $1.3263, and the Swiss franc held steady at 0.8290 per dollar. China’s yuan was little changed, trading around 7.29 per dollar during early Asia hours.
