U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
The Japanese yen and Swiss franc held near six-month highs on Tuesday, reflecting investor anxiety as recession fears grow in the wake of President Donald Trump’s aggressive tariffs. Financial markets remain jittery, with the U.S. dollar extending losses amid global trade tensions and the threat of a downturn.
After a volatile 24-hour period, the forex market calmed slightly in early Asian trading. The dollar saw modest gains against the yen and franc, but both safe-haven currencies stayed strong. The yen traded at 147.61 per dollar, close to Friday’s peak of 144.82, while the Swiss franc hovered at 0.858 per dollar—both near six-month highs.
Traditionally a safe-haven asset itself, the dollar is under pressure as concerns mount over the U.S. economy. Trump’s tariffs sparked a global trade war, with retaliatory moves from China and the EU triggering further uncertainty.
The euro gained 0.38% to $1.0944, and the British pound rose 0.3% to $1.2765, rebounding from recent lows. Meanwhile, the dollar index slipped 0.3% on Tuesday and has dropped 1% since the tariffs were announced.
Investors are increasingly betting on potential Federal Reserve rate cuts as early as May, expecting more monetary easing throughout the year. However, Fed officials remain cautious, pointing to persistent inflation. Chicago Fed President Austan Goolsbee emphasized the need for concrete data before any policy moves.
Risk-sensitive currencies like the Australian and New Zealand dollars weakened, with the Aussie holding at $0.59845—near a five-year low—and the kiwi down 0.2% at $0.5539.
Market volatility remains high, driven largely by the Trump administration’s trade policies. Analysts believe reversing those policies could quickly restore stability to global markets.
