United States Dallas Fed Manufacturing Business Index declined to -10.4 in November from previous -5

Nov 24, 2025

JPY soft & underperforming G10 – Scotiabank

The Japanese Yen (JPY) is soft, down a modest 0.2% against the US Dollar (USD) as it continues to trade in a manner that is completely disconnected from yield spreads and broader fundamentals, Scotiabank's FX strategists Shaun Osborne and Eric Theoret report.

GBP/USD flat with tension rising before UK budget and US data surge

The GBP/USD remains subdued during the North American session, trading unchanged at around 1.3088 as traders wait for the release of the UK’s budget amid a shortened week due to the Thanksgiving holiday in the US.