United States Chicago PMI came in at 36.3 below forecasts (44.3) in November

Nov 26, 2025

GBP: Reeves avoids major fiscal risks – NOMURA

Chancellor Reeves sidestepped the biggest fiscal dangers, delivering limited near-term tightening while preserving headroom through backloaded tax hikes, NOMURA's FX analyst Dominic Bunning reports.

EUR/USD edges higher as mixed US data fails to shift dovish Fed expectations

The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, with EUR/USD edging higher after a brief dip following the latest US economic data. At the time of writing, the pair is trading around 1.1580, recovering from a daily low of 1.1547.