Pound Sterling drops as UK GDP unexpectedly contracts in October

The Pound Sterling (GBP) faces selling pressure against its major peers on Friday following the release of the United Kingdom (UK) Gross Domestic Product (GDP) data for October. The GDP report showed that the economic growth contracted again by 0.1%, missing expectations of a 0.1% expansion. Weak UK GDP data defies the recent economic growth upgrade from the Office…

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Techchnical Analysis of US Crude, XAUUSD and EURUSD for Today (December 12, 2025)

2025.12.12 2025.12.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.12.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Yesterday, oil tumbled below the November low but…

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FX option expiries for 12 December 10am New York cut

OPTION EXPIRIES: EUR/USD 1.1800 (EUR 737.28 mn) 1.1755 (EUR 565.70 mn) 1.1700 (EUR 664.57 mn) 1.1600 (EUR 935.93 mn) USD/JPY GBP/USD 1.3415 (GBP 421.17 mn) 1.3250 (GBP 781.13 mn) USD/CHF 0.8000 (US$ 350.67 mn) 0.7700 (US$ 300.00 mn) USD/CAD 1.3940 (US$ 600.00 mn) 1.3800 (US$ 652.00 mn) AUD/USD EUR/GBP 0.8800 (EUR 486.21 mn) 0.8740 (EUR 411.89 mn) 0.8700 (EUR…

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Gold price in Philippines: Rates on December 12

Gold prices fell in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,103.85 Philippine Pesos (PHP) per gram, down compared with the PHP 8,120.98 it cost on Thursday. The price for Gold decreased to PHP 94,521.67 per tola from PHP 94,721.45 per tola a day earlier. Unit measure Gold Price in PHP…

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SNB Held Off on Negative Rates Despite Weakening Inflation, CHF Higher

As expected, the Swiss National Bank (SNB) kept interest rates on hold at 0.00% during their December meeting, despite inflation hitting the bottom of its target range. SNB policymakers emphasized their commitment to avoiding negative interest rates and signaled that monetary policy could remain at its current state for an extended period. Key Takeaways SNB maintained the policy rate…

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PBOC sets USD/CNY reference rate at 7.0638 vs. 7.0686 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0638 compared to the previous day’s fix of 7.0686. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also…

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Event Guide: Canada’s CPI Report (November 2025)

With the BOC expected to announce further easing later this year, will the upcoming CPI extend their dovish cycle until early 2026? Here’s what to look out for in the upcoming inflation report. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact…

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GPT-5.2 is looking like another leap forward

Leaked internal benchmarks for GPT-5.2 “Thinking” have been posted by Sam Altman, and quite frankly, the numbers are ridiculous. We aren’t talking about incremental gains here. For some reference: AIME 2025: 100.0%. It solved it. This is a big math test and it means that competition math is effectively “completed” for this model. ARC-AGI-2: This is the big one…

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Japanese Yen attracts some buyers to near 155.50 on weak US jobs data

The USD/JPY pair attracts some sellers to around 155.60 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid worse-than-anticipated US employment data and a less hawkish outlook than expected from the US Federal Reserve (Fed).  The Fed lowered the benchmark federal funds rate by 25 basis points (bps) to a range of…

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