The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.041 to close at NT$32.369.
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On Monday this week (March 2), influenced by the escalation of the situation in the Middle East, the US dollar opened stronger, with intraday gains expanding at one point. As of now, the increase has narrowed to approximately 0.5%. Compared to the market risk aversion sentiment triggered by the tensions in the Strait of Hormuz,

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US ISM Manufacturing PMI edged down from 52.6 in January to 52.4 in February, but the reading remained comfortably above expectations of 51.9 and firmly in expansion territory. The data point to continued resilience in the factory sector, with activity still consistent with moderate economic growth. The most striking development was the sharp surge in

On Sunday, the OPEC+ “V8” coalition took a proactive stance by accelerating production hikes to 206,000 bpd starting in April. This move—surpassing the 137,000 bpd initially anticipated—serves as a strategic pivot to buffer a market shaken by the sudden U.S./Israeli strikes on Iran. While the alliance officially points to “market fundamentals,” the timing is clearly

Silver edged higher as markets reacted to escalating tensions in Middle East, with US-Israel-Iran conflict driving aggressive safe-haven flows. Prices surged to an intraday high above 96 before easing slightly as traders locked in partial profits. Despite intraday consolidation, underlying bid remains intact as war premium continues to underpin precious metals. For now, further gains

Daily Pivots: (S1) 1.6567; (P) 1.6604; (R1) 1.6647; More… Further decline is expected in EUR/AUD with 1.6830 resistance intact, despite some loss of downside momentum. Current fall should continue to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351. However, firm break of 1.6830 resistance will confirm short term bottoming, on bullish convergence condition

Markets opened the week with a clear but measured risk-off tone following dramatic escalation in Middle East tensions over the weekend. While safe-haven flows were evident in Asia, price action so far remains contained rather than disorderly. Investors are reacting, but not capitulating. Equity markets in the region reflected caution rather than panic. Japanese and
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 21 paise to 91.29 against the U.S. dollar on Monday (March 2, 2026), amid higher crude oil prices, a strong American currency and intense global volatility due to the escalated West Asia tension. Negative equity market sentiment and massive withdrawal of

Key Highlights EUR/USD started another decline and traded below 1.1840. A key bearish trend line is forming with resistance at 1.1800 on the 4-hour chart. GBP/USD extended losses and traded below 1.3460. Crude Oil prices jumped above $74.50 before trimming some gains. EUR/USD Technical Analysis The Euro failed to stay above 1.1900 and declined against

Daily Pivots: (S1) 0.7716; (P) 0.7735; (R1) 0.7759; More…. USD/CHF falls notably today but remains bounded in established range. Intraday bias remains neutral for now. In case of another rise, upside should be limited by 55 D EMA (now at 0.7824) to complete the pattern. On the downside, below 0.7627 will bring retest of 0.7603.

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By Christopher Lewis Reviewer 24bulls Created on March 01, 2026 The US dollar initially rallied against the Canadian dollar during the week but has since turned around to show signs of hesitation. This is not a huge surprise considering that we have been bouncing around in the same region for 5 weeks now. It is

Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week concludes a heavy February trading month, with a weighty week incoming right after. Get ready for next week’s action by exploring upcoming events across global Markets. Week in review – Markets remain very anxious, and they just

Global markets closed February under conditions few anticipated even days ago. The events in the last 48 hours have shifted the framework from negotiation risk to open conflict. A geopolitical “black swan” has moved from theoretical scenario to live reality. What had been treated for months as a tail risk scenario has now materialized into

EUR/AUD’s down trend resumed last week but downside momentum has been unconvincing with bullish convergence condition in 4H MACD. Still, there is no clear sign of bottoming yet. Further fall is expected this week to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351. However, firm break of 1.6830 resistance will confirm short term

EUR/GBP’s solid break of 0.8744 resistance last week suggests that corrective fall from 0.8863 has completed at 0.8611. More importantly, up trend from 0.8221 is not completed. Initial bias stays on the upside this week for retesting 0.8863 first. For now, further rally is expected as long as 0.8705 support holds, in case of retreat.

EUR/JPY’s extended rise last suggests that correction from 186.86 has completed with three waves down to 180.78 already. But as a temporary top was formed at 184.75, initial bias remains neutral this week for consolidations first. On the upside, break of 184.75 will target 186.86 high. Firm break there will resume larger up trend to

Despite the late dip in USD/CAD, it’s still holding on to 1.3630 minor support. Initial bias stays neutral this week first. Outlook is unchanged that price actions from 1.3480 are forming a consolidation pattern. Upside should be limited by 55 D EMA (now at 1.3728). On the downside, firm break of 1.3630 will bring retest

AUD/USD remained bounded in consolidations below 0.7146 last week and outlook is unchanged. Further rise is expected with 0.6896 support intact. On the upside, firm break of 0.7146 will resume resume larger up trend to 100% projection of 0.5913 to 0.6706 from 0.6420 at 0.7213. In the bigger picture, current development argues that rise from

USD/CHF stays in consolidations above 0.7603 last week and outlook is unchanged. Initial bias stays neutral this week first. In case of another rise, upside should be limited by 55 D EMA (now at 0.7824). On the downside, break of 0.7603 will resume larger down trend, and target 0.7382 projection level next. However, sustained break