The USD/JPY pair weakened to around 155.10 at the start of the Asian session on Tuesday. The yen strengthened slowly as markets became increasingly confident that the Bank of Japan (BoJ) would raise interest rates at its policy meeting on Friday, increasing pressure on the dollar. Market bets on a BoJ interest rate hike are growing. Reuters reports that the BoJ is likely to remain committed to continuing to raise interest rates, but the pace will depend on the Japanese economy's response. In a Reuters survey (December 2–9), 90% of economists predicted the BoJ would raise the short-term...
Silver prices remained high on December 16, 2025, despite a slight correction in global markets after last week's significant surge. Spot silver fell by around 2-3% from its record high above US$64 per ounce due to profit-taking, but overall, the metal remained near its all-time high. This decline occurred amidst a weakening US dollar, which had previously boosted precious metal prices, and volatile trading conditions. Fundamentally, silver continues to be driven by a structural imbalance between demand and supply. Global industrial demand—particularly for clean technologies like solar...
The US dollar weakened early in the Asian session on Tuesday, falling to a near two-month low as markets awaited the release of a slew of economic data—particularly the delayed US November jobs report. The dollar index fell 0.2% to 98.261, near its lowest level since October 17, while October-November jobs data was only recently released after being delayed during the US government shutdown. HSBC analysts said this data is crucial for "closing the story" about labor conditions during the shutdown. The market is also still assessing the direction of the Fed's interest rate: Fed funds...
The USD/CHF currency pair fell on December 16, 2025, amid continued US dollar weakness in global markets. The dollar briefly approached a two-month low as investors awaited key economic data from the US, including the pending employment report, as well as more dovish or moderate policy signals from the Federal Reserve. This pressure on the dollar strengthened the Swiss franc relative to the USD, causing USD/CHF to fall below the psychological level of around 0.80. Furthermore, the Swiss National Bank's (SNB) decision to maintain interest rates at 0% without major changes also supported the...
The US Dollar Index (DXY) moved in negative territory and fell slightly to around 98.25 at the start of the European session on Tuesday. This weakening occurred as market participants adopted a wait-and-see approach ahead of the release of a series of US economic data, particularly the delayed November jobs report. The market's primary focus is on today's release of the October and November Nonfarm Payrolls (NFP). If the data shows a slowing labor market, expectations of a Fed interest rate cut could strengthen, which would typically weaken the dollar. Conversely, if the results are...