South Korea Warns Weak Won Could Push Inflation Higher in 2025 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
The US dollar extended its decline Tuesday as investors grew increasingly wary over the country’s rising debt burden linked to President Donald Trump’s sweeping tax and spending proposals. Markets remained cautious amid Senate debates on a tax-cut bill projected to add $3.8 trillion to the national debt over the next decade, according to the Congressional Budget Office.
The recent downgrade of the US sovereign credit rating by Moody’s on May 16 and concerns over expanded Treasury issuance have deepened investor unease. Chris Weston, head of research at Pepperstone, noted that “all roads have led to a weaker USD,” citing the perceived ballooning deficits and a shift away from dollar-denominated assets.
While global markets climbed on Monday during the US holiday, the dollar struggled. Trump’s last-minute decision to delay a planned 50% tariff hike on EU imports provided a boost to the euro, which climbed to a one-month high. European Central Bank President Christine Lagarde remarked that the euro could rival the dollar globally if the bloc strengthens its financial and security systems.
The dollar index dipped 0.1%, marking its third straight day of losses. The greenback fell 0.3% to 142.35 yen, while the euro edged up 0.1% to $1.1399. The British pound also gained 0.1% to $1.3581. Meanwhile, the New Zealand dollar held steady at $0.5999 after reaching a six-month peak on Monday. Traders now await the Reserve Bank of New Zealand’s interest rate decision on Wednesday, with a rate cut to 3.25% widely anticipated.
Ongoing volatility around US fiscal policy and global trade remains a key driver of currency market sentiment.
