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Breaking news

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China's NBS: There is short-term pain when new growth drivers replace the old ones

Following the publication of the high-impact China's activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Friday.
New
update2025.11.14 12:08

EUR/USD flat lines below mid-1.1600s; bulls await move beyond 50-day SMA amid weaker USD

The EUR/USD pair is seen oscillating in a narrow range during the Asian session on Friday and consolidating its recent strong gains to an over two-week high, touched the previous day.
New
update2025.11.14 12:03

WTI rises to near $60.00 on supply risks due to US sanctions

West Texas Intermediate (WTI) Oil price gains for the second successive session, trading around $59.90, up by more than 2%, during the Asian hours on Friday. Crude Oil prices receive support from supply risks linked to upcoming United States (US) sanctions.
New
update2025.11.14 11:47

NZD/USD holds positive ground above 0.5650 after mixed Chinese data

The NZD/USD pair holds positive ground around 0.5675 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) after the release of the Chinese October Retail Sales and Industrial Production reports.
New
update2025.11.14 11:32

Japanese Yen struggles amid BoJ uncertainty; USD/JPY holds steady below nine-month high

The Japanese Yen (JPY) oscillates in a narrow band against its American counterpart during the Asian session on Friday and remains close to a nine-month low, touched the previous day.
New
update2025.11.14 11:26

Australian Dollar remains stronger following key economic data from China

The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering losses registered in the previous session. The AUD/USD pair gains ground following the release of China's Industrial Production and Retail Sales data for October.
New
update2025.11.14 11:13

PBOC sets USD/CNY reference rate at 7.0825 vs. 7.0865 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0825 compared to the previous day's fix of 7.0865 and 7.0964 Reuters estimate.
New
update2025.11.14 10:15

Japan's Takaichi: Hard to set numerical target for minimum wage now

Japan's Prime Minister Sanae Takaichi said on Friday that the government is not in a position to set a new numerical target for the nationwide minimum wage, arguing that instead that its role is to create conditions that enable businesses to raise pay faster than inflation.
New
update2025.11.14 10:13

Japan's Kiuchi: Weak Yen may increase CPI through import costs

Japan's Economics Minister Minoru Kiuchi said on Friday that a weak Japanese Yen (JPY) can push up CPI through import costs.
New
update2025.11.14 10:05

Gold Price Forecast: XAU/USD climbs above $4,150 as US shutdown ends

Gold price (XAU/USD) trades in positive territory near $4,185 during the early Asian session on Friday. The precious metal drifts higher as traders anticipate that the reopening of the US government will restore the flow of economic data and reinforce bets of further US interest rate cuts.
New
update2025.11.14 09:55

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