Forex

Finance – Forex

US PMI composite finalized at 52.7, cracks beneath resilient growth story

US PMI composite finalized at 52.7, cracks beneath resilient growth story

US service sector momentum softened at the end of 2025, with Services PMI finalized at 52.5 in December, down from 54.1 in November and the lowest level in eight months. Composite PMI also eased to 52.7 from 54.2, pointing to slower but still expansionary growth as the year closed. According to S&P Global Market Intelligence

US PMI composite finalized at 52.7, cracks beneath resilient growth story Read More »

Taiwan’s forex reserves hit 2nd highest at end-2025

Taiwan’s forex reserves hit 2nd highest at end-2025

Taiwan’s foreign exchange reserves rose US$2.76 billion from a month earlier to hit US$602.55 billion at the end of last month, second only to US$602.94 billion recorded at the end of September, the central bank said yesterday. Department of Foreign Exchange Director-General Eugene Tsai (蔡炯民) said as the US dollar index fell 1.14 percent last

Taiwan’s forex reserves hit 2nd highest at end-2025 Read More »

image

USD/CAD Forecast 06/01:US Dollar Fails to Hold Bulk of Gains

Created on January 06, 2026 The US dollar initially shot higher against the Canadian dollar on Monday, as the US military actions in Venezuela have caused some jitters. USD/CAD The US dollar initially shot higher against the Canadian dollar on Monday, perhaps in reaction to the military operations in Venezuela and the idea that perhaps

USD/CAD Forecast 06/01:US Dollar Fails to Hold Bulk of Gains Read More »

Venezuela Shock Boosts Gold: XAU/USD Forecast Points to $4,450 Breakthrough

Venezuela Shock Boosts Gold: XAU/USD Forecast Points to $4,450 Breakthrough

Gold (XAU/USD) increased to about $4,440. As the Venezuela crisis introduces geopolitical uncertainty, Written by: Olumide Adesina • Tuesday, January 6, 2026 • 1 min read • Last updated: Tuesday, January 6, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick

Venezuela Shock Boosts Gold: XAU/USD Forecast Points to $4,450 Breakthrough Read More »

AUD/USD breaks higher decisively, risk appetite returns as markets look past Venezuela

AUD/USD breaks higher decisively, risk appetite returns as markets look past Venezuela

Risk appetite has returned decisively, pushing DOW to fresh record highs overnight and drawing Asian markets higher in its wake. The improved tone has spilled into FX, with Australian Dollar emerging as the strongest performer amid renewed risk-on sentiment. The US deposition of Venezuelan President Nicolás Maduro initially injected caution into markets. However, investor hesitation

AUD/USD breaks higher decisively, risk appetite returns as markets look past Venezuela Read More »

US ISM manufacturing falls to 47.9, contraction deepens beneath surface

US ISM manufacturing falls to 47.9, contraction deepens beneath surface

US manufacturing activity weakened further in December, with the ISM PMI slipping from 48.2 to 47.9, undershooting expectations of 48.3. Beneath the headline, details were mixed. Production edged down from 51.4 to 51.0, remaining marginally in expansion, while new orders improved modestly from 47.4 to 47.7. Employment also ticked higher to 44.9 from 44.0, though

US ISM manufacturing falls to 47.9, contraction deepens beneath surface Read More »

Outlook 2026: Foreign exchange markets will be less exciting than in 2025

Outlook 2026: Foreign exchange markets will be less exciting than in 2025

Last year saw the misguided attempt at a Mar-a-Lago Accord and Liberation Day in the US cause turbulence and a sharp dollar sell-off in global foreign exchange markets. But with the Federal Reserve and European Central Bank approaching or having reached the end of the rate-cutting cycle, foreign exchange trading should be far less exciting

Outlook 2026: Foreign exchange markets will be less exciting than in 2025 Read More »

Dollar Leads as Markets Show Fragmented Risk Reaction to Venezuela News

Dollar Leads as Markets Show Fragmented Risk Reaction to Venezuela News

Forex markets are trading in mixed fashion, with hesitant tone, as investors continue to digest the controversial US seizure of Venezuelan President Nicolás Maduro over the weekend. While geopolitical risk has clearly entered the equation, price action suggests the response is far from a textbook risk-off move. There are visible safe-haven bids flowing into Dollar

Dollar Leads as Markets Show Fragmented Risk Reaction to Venezuela News Read More »

EUR/USD Falls Again as Momentum Turns Cautiously Bearish

EUR/USD Falls Again as Momentum Turns Cautiously Bearish

Key Highlights EUR/USD started a downside correction from the 1.1800 zone. A key bearish trend line is forming with resistance at 1.1750 on the 4-hour chart. GBP/USD is struggling to clear the 1.3520 resistance zone. Bitcoin started a steady increase above $90,000 and $92,000. EUR/USD Technical Analysis The Euro struggled near the 1.1800 barrier and

EUR/USD Falls Again as Momentum Turns Cautiously Bearish Read More »