U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
The U.S. dollar slipped to a two-week low against the yen on Thursday, pressured by rising fiscal concerns and a weak 20-year Treasury bond auction. The sale underscored growing investor skepticism over U.S. financial stability, especially following last week’s credit rating downgrade by Moody’s.
Market jitters intensified as President Donald Trump pushed forward his ambitious spending and tax-cut bill, which analysts warn could add $3 trillion to $5 trillion to the national debt. Republican lawmakers remain divided, with some criticizing the bill for not doing enough to curb spending.
The dollar fell to 143.27 yen, its lowest since May 7, despite an early boost after Japanese Finance Minister Katsunobu Kato’s comments downplaying foreign exchange discussions with U.S. officials. The brief rally faded, highlighting persistent concerns that the White House may favor a weaker dollar, particularly against Asian currencies.
The euro remained stable at $1.1330 after three consecutive days of gains. The British pound held firm at $1.3426, while the Swiss franc inched up 0.1% to 0.8245 per dollar. South Korea’s won surged to 1,368.90 per dollar, its strongest since November, before slightly weakening to 1,377.00, amid reports of U.S. pressure to support the currency.
As traditional safe havens like the dollar lost appeal, investors turned to gold and cryptocurrencies. Gold rose to $3,325.79, nearing its April record, while Bitcoin surged 1.6% to $110,049.82 after hitting an all-time high of $110,636.58. According to Convera’s James Kniveton, safe-haven demand has shifted toward gold, the yen, and the euro, reflecting waning confidence in U.S. fiscal policies.
