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By Published On: December 7, 20250.8 min read

The new trading week has started with minimal movement in the foreign exchange market. There have been no significant economic releases or news events so far to influence currency pairs strongly, so traders are advised to monitor the market as it unfolds.

Later today, the key focus will be on Japan’s Q3 GDP figures, scheduled for release at 23:50 GMT. This is the second revision of the data and is expected to show an annualised contraction of 2.0%, or 0.5% on a quarter-on-quarter basis. Both figures represent a slight downgrade compared to the preliminary report.

In addition to the GDP revision, Japan will release its October current account balance. The forecast suggests a notable decline to 3,109 billion yen from the previous quarter’s 4,483 billion yen.

Forex traders should watch these data points closely as they have the potential to impact the Japanese yen and broader market sentiment.

Original Source: Adam Button of investinglive.com

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