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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Financial & Forex Market Recap – Dec. 11, 2025

Markets navigated a turbulent session on Thursday, with growing concerns about AI infrastructure spending creating early volatility before dip-buyers emerged to push equities into the green, while the U.S. dollar weakened following Fed Chair Powell’s dovish commentary on Wednesday and softer-than-expected labor market data. Check out the forex news and economic updates you may have missed in the latest…

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investingLive Americas FX news wrap 11 Dec USD Slides on Jobless Claims;Gold & Silver Soar

Key Takeaways: USD Weakness: The dollar fell against European majors and the Yen as US yields retreated. Jobless Claims: Initial claims normalized to 236K, confirming last week’s drop was a holiday outlier. AUD Volatility: Soft internal jobs data undermined RBA hawkishness, though the pair bounced off key technical support. Commodities: Silver and Gold posted massive gains, while Crude Oil…

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US Dollar Slides Amid Fed’s Hawkish Tilt. Forecast as of 11.12.2025

2025.12.11 2025.12.11 US Dollar Slides Amid Fed’s Hawkish Tilt. Forecast as of 11.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Fed has made a hawkish cut. Jerome Powell noted that the rate had become neutral. However, there was also a dovish factor, as the labor market appeared weaker than the central bank had expected. Let us discuss this topic and make a trading…

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EUR/USD hits nine-week highs as soft US jobs data pressures US Dollar

The Euro (EUR) extends its advance against the US Dollar (USD) on Thursday as the Greenback slides to multi-week lows following the latest US Initial Jobless Claims release. At the time of writing, EUR/USD is trading around 1.1748, its highest level since October 3. US data published earlier showed that Initial Jobless Claims rose to 236,000 in the week…

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