The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1283, as compared to the previous day's fix of 7.1307 and 7.1271 Reuters estimates.
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EUR/USD holds above 1.0800 after mixed US data
EUR/USD trades in positive territory above 1.0800 in the American session. The mixed macroeconomic data releases from the US limit the US Dollar's strength, while the strong inflation readings from Germany support the Euro, helping the pair push higher.
GBP/USD recovers toward 1.3000 as markets UK budget, US data
GBP/USD recovers toward 1.3000 from the daily lows it set below 1.2950 on Wednesday. Investors assess the UK Autumn Budget and the US data, which showed that the US economy expanded at a softer pace than expected in Q3.
Gold slowly but steadily approaching $2,800
Gold pulls away from the all-time-high it set near $2,790 earlier in the day and trades at around $2,780. With the US Dollar struggling to find demand after mixed macroeconomic data releases, however, XAU/USD's downside remains limited.
Bitcoin Price Forecast: Flirting with fresh all-time high
Bitcoin is close to its all-time high, making a high of $73,620 on Tuesday and correcting slightly afterward. US spot Bitcoin ETFs posted $827 million in inflows on Tuesday, the third largest single-day inflow since their launch in January.
German economy surprises in the third quarter
The German economy avoided a technical recession in the third quarter, showing unexpected growth. However, this does not change the fact that the economy remains stuck in stagnation.
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