Japan Jibun Bank Manufacturing PMI came in at 48.2, below expectations (48.3) in October

Nov 4, 2025

Gold Price Forecast: XAU/USD holds below $4,000 as Fed’s hawkish remarks lift US Dollar

Gold price (XAU/USD) declines to around $4,000 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back bets for further Federal Reserve (Fed) rate cuts. The Fed’s Michelle Bowman is scheduled to speak later in the day.

NZD/USD extends the decline below 0.5700 on downbeat Chinese PMI data, Fed’s hawkish remarks

The NZD/USD pair attracts some sellers to around 0.5695 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as the latest data showed the Chinese manufacturing sector weakening last month.