December 4, 2025 10:26 am
Key Moments Major Chinese state-owned banks bought dollars in the onshore market as the yuan reached a 14-month high. The banks largely retained the dollars instead of recycling them into swaps, a move seen as tightening dollar liquidity and increasing the cost of long yuan positions. The yuan has risen about 3.3% against the dollar […]
Read moreDecember 4, 2025 8:41 am
Key Moments Most Asian currencies held recent gains, while the US Dollar Index rose 0.1% after touching a one-month low overnight. The Indian rupee’s USD/INR pair hit a new record high of 90.46 in early trade before stabilizing near 90.22. Expectations for a Federal Reserve rate cut strengthened after softer U.S. data, with markets now […]
Read moreDecember 4, 2025 8:02 am
Key Moments Zcash (ZEC) holds above the $300 psychological level after back-to-back gains and now eyes a potential move toward the 50-day EMA at $421. Telcoin (TEL) sustains a rebound from its 200-day EMA, supported by a Golden Cross pattern following roughly 70% gains in November. Curve DAO (CRV) continues its recovery within a consolidation […]
Read moreDecember 4, 2025 7:39 am
Key Moments Chief Cabinet Secretary Yoshimasa Kihara characterized the yen’s recent decline as “somewhat rapid and one-sided.” Kihara reiterated that authorities are prepared to take “appropriate action” if foreign exchange moves become excessive or disorderly. He emphasized the need to maintain investor communication to support demand for Japanese government bonds while allowing long-term rates to […]
Read moreDecember 3, 2025 2:50 pm
Key Moments Bank of America forecasts AUD/USD at 0.63 in the first quarter of 2026, expecting a weaker Australian dollar despite a hawkish RBA. BofA sees continued softness in Chinese aggregate demand into early 2026, weighing on the AUD, which is trading near the top of its 12-month trade-weighted range. The bank expects the RBA […]
Read moreDecember 3, 2025 2:06 pm
Key Moments Bitcoin traded 7.2% higher at $93,101.6 after rebounding from a drop near $84,000 earlier in the week. Remarks from SEC Chair Paul Atkins on a forthcoming “innovation exemption” and Vanguard’s decision to permit crypto-focused products supported sentiment. Altcoins rallied alongside Bitcoin, with Ethereum up 10% to $3,062.92 and XRP gaining 9.3% to $2.20. […]
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