USD/CAD consolidates around 1.3700 before heading to New Year eve

The USD/CAD pair trades in a tight range around 1.3700 during the Asian trading session on Wednesday. The Loonie pair consolidates at the start of the last trading day of 2025 amid thin trading volume.

Australian Dollar steadies despite upbeat China PMI data

The Australian Dollar (AUD) inches higher against the US Dollar (USD), holding ground for the second successive session. Volumes are expected to be thin due to the New Year's holiday in Australia.

WTI stays below $58.00, nears 20% yearly drop

West Texas Intermediate (WTI) Oil price loses ground after two days of gains, trading around $57.70 per barrel during the Asian hours on Wednesday. WTI is down nearly 3% in December, heading for a fifth straight monthly loss and nearly a 20% annual drop.

NZD/USD holds losses below 0.5800 despite upbeat Chinese PMI data

The NZD/USD pair holds losses near 0.5785 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) despite the upbeat Chinese economic data. Traders brace for the release of the US Initial Jobless Claims report later on Wednesday.  

China’s RatingDog Manufacturing PMI rises to 50.1 in December  

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) rose to 50.1 in December from 49.9 in November, the latest data published by RatingDog showed on Wednesday.