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US Dollar Index posts modest gains near 99.50 amid hopes of end to US shutdown

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.55 during the Asian trading hours on Wednesday. The DXY edges higher amid hopes for the end of the US government shutdown.
New
update2025.11.12 10:56

Australian Dollar declines as US Dollar gains amid nearing government shutdown end

The Australian Dollar (AUD) weakens against the US Dollar (USD) on Wednesday, extending its losses for the second successive session. The AUD/USD pair declines as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government.
New
update2025.11.12 10:51

PBOC sets USD/CNY reference rate at 7.0833 vs. 7.0866 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0833 compared to the previous day's fix of 7.0866 and 7.1141 Reuters estimate.
New
update2025.11.12 10:15

NZD/USD edges lower to near 0.5650 as US government shutdown end in sight 

The NZD/USD pair declines to around 0.5655 during the early Asian session on Wednesday. Optimism over a potential deal to end the US government shutdown provides some support to the US Dollar (USD) against the New Zealand Dollar (NZD).
New
update2025.11.12 10:07

RBA's Jones says markets struggling to price risk

Reserve Bank of Australia (RBA) Assistant Governor (Financial System) Brad Jones spoke on Wednesday at the Association of Superannuation Funds of Australia (ASFA) Conference, Broadbeach.
New
update2025.11.12 09:14

Gold Price Forecast: XAU/USD extends upside to near $4,150 as ADP report shows US job losses

Gold price (XAU/USD) extends the rally to around $4,140 during the early Asian session on Wednesday. The precious metal gains momentum on further bets of a rate cut by the US Federal Reserve (Fed) by year-end. Traders will keep an eye on the Fedspeak later on Wednesday.
New
update2025.11.12 08:55

Gold Price Forecast: XAU/USD extends upside to near $4,150 as ADP report shows US job losses

Gold price (XAU/USD) extends the rally to around $4,140 during the early Asian session on Wednesday. The precious metal gains momentum on further bets of a rate cut by the US Federal Reserve (Fed) by year-end. Traders will keep an eye on the Fedspeak later on Wednesday.
New
update2025.11.12 08:55

GBP/USD rebound challenged by downbeat UK labor data

GBP/USD hit a fresh bearish challenge on Tuesday, hitting a snag and snapping a four-day winning streak. The pair remains hamstrung just south of the 1.3200 handle, and Cable traders will need a fresh shock to push Pound Sterling (GBP) bids back onto the high side.
New
update2025.11.12 08:30

USD/CHF Price Forecast: Extends slide toward 0.8000

The USD/CHF dives for the fourth consecutive day, trades at around 0.8000 after losing 0.55% late Tuesday, during the North American session. Worse than expected US economic data, and a tariff reduction to Switzerland, boosted the Swiss Franc during the trading session.
New
update2025.11.12 08:09

USD/JPY holds positive ground above 154.00 as US Senate moves to end shutdown

The USD/JPY pair trades in positive territory near 154.10 during the early Asian session on Wednesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) amid optimism over a potential deal to end the US government shutdown.
New
update2025.11.12 08:01

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