The US Dollar Index rose slightly, with the weakness of the Yen being a major driver. Fed official Waller signaled a potential rate cut, suggesting a 25 basis point cut could happen in December, which has somewhat limited the rise of the Dollar. However, the strength of the stock market has weakened the demand for the Dollar as a safe-haven asset.

The euro rose slightly by 0.08%, with new developments in the Ukraine peace agreement providing support for the euro. However, Germany's November IFO Business Climate Index unexpectedly fell to 88.1, dragging down the upward trend. The dollar against the yen increased by 0.38%, as the Japanese government just approved a stimulus plan worth 17.7 trillion yen (112 billion USD), raising market expectations for a depreciation of the yen.

Precious metals rebounded today: gold rose by 0.21%, and silver increased by 0.19%. Waller's dovish remarks supported the demand for gold as a store of value. Furthermore, China's central bank has increased its gold reserves for 12 consecutive months, and global central banks purchased 220 tons of gold in Q3, a year-on-year increase of 28%. Institutions remain optimistic about precious metals. However, the warming of peace talks in Ukraine has weakened safe-haven demand, and the rebound in the stock market has diverted some funds.