Italy HCOB Services PMI came in at 55, above expectations (54) in November

Dec 3, 2025

USD/CNH extends its slow grind lower – ING

USD/CNH continues to edge lower, a trend that began even before broader US Dollar (USD) weakness, as exporter flows and possible portfolio inflows support the renminbi, ING's commodity experts Ewa Manthey and Warren Patterson note.

USD subdued amid lack of fresh catalysts – OCBC

US Dollar (USD) traded subdued overnight, in absence of fresh catalyst while most major central bank decisions are largely priced. The Dollar Index (DXY) last seen at 99.19 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.