The dollar languished near to one-week lows on Wednesday as investors wagered the Federal Reserve would slow the pace of U.S.
The People's Bank of China set the yuan reference rate at 6.8869 vs Tuesday's fix of 6.8854.
EUR/USD is catching a bid in the early Pacific session for Wednesday, lifting back into 1.1380 as the EUR recovers from mid-Tuesday's decline from the 1.1400 handle.
Brexit continues to weigh on the Pound, while trade and global growth risks see the Yen maintaining market position.
NZD/USD pair crossed the descending channel hurdle yesterday, signaling an end of the pullback from the recent high of 0.6969 and a resumption of the bullish move. Australian Dollar sellers are struggling to find follow-through after pushing the currency below support guiding the upswing from late October against its US counterpart.
oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply
Gold neared the critical 200-day moving average (MA) for the first time since June 14.
Japan's export growth slowed to a crawl in November as shipments to the United States and China weakened sharply
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