Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
The U.S. dollar remained near its lowest level in three years on Tuesday, pressured by President Donald Trump’s escalating attacks on Federal Reserve Chair Jerome Powell, which have deepened investor concerns over U.S. monetary policy and economic stability.
Trump lashed out on Truth Social, labeling Powell a “major loser” and demanding immediate interest rate cuts to avoid an economic slowdown. His criticism followed White House economic adviser Kevin Hassett’s statement that the administration is reviewing whether Powell can be removed—intensifying fears about the Fed’s independence.
The dollar index, which tracks the greenback against six major currencies, slipped to 98.454 after touching 97.923—its weakest since March 2022. The dollar dipped to 0.8095 Swiss franc, nearing the previous session’s decade-low of 0.8042, and held at 140.99 yen, just above Monday’s seven-month low of 140.48. The euro stood firm at $1.1502 after hitting $1.1573, its highest since November 2021.
Concerns about Trump undermining central bank credibility, combined with prolonged U.S.-China trade tensions, have further dampened sentiment. China recently accused Washington of tariff abuse and warned other nations against aligning economically with the U.S. at their expense.
Analysts warn that continued uncertainty around U.S. monetary policy could prompt further dollar weakness. “The longer doubts about Fed independence persist, the greater the risk to the dollar,” said Commonwealth Bank’s Joseph Capurso, adding that a sharp correction in U.S. bonds or equities might be needed to shift Trump’s tone.
The risk-sensitive Australian dollar also gained ground, climbing to a four-month high of $0.6436 on Monday and hovering at $0.6414 in recent trading. Investors remain on edge as political pressure on the Fed and trade disputes continue to cloud the U.S. economic outlook.
