Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Australian Household Spending Dips in December as RBA Tightens Policy 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
The Chinese yuan is expected to trade range-bound between 6.50 and 6.70 with a strengthening bias prior to US President Donald Trump’s visit to China set for November 8-10. The yuan’s implied volatility has been rising along with sliding risk reversal since late August, Scotiabank reported.
A neutral risk reversal has paved the way for the regulators to increase two-way flexibility in the yuan exchange rate. In addition, the CFETS RMB Index has remained steady amid bear-steepening UST yield curve and rising DXY Index.
It would open further upside for the USD should the DXY Index rally through the 94 resistance and the 100-day MA line.
Meanwhile, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
