Canada’s employment change beat expectations in the latest report.
Instead of the forecasted contraction (–5.0 K), Canada’s labour market added 8.2 K jobs, marking a positive surprise relative to expectations. A stronger-than-expected jobs print like this is typically taken as bullish for the...
China’s consumer inflation edged higher in December but missed expectations.
Official figures show China’s Consumer Price Index (CPI) rose 0.8% year‑on‑year in December 2025, up from 0.7% in November and marking the fastest pace since early 2023, but it came in below the 0.9% analysts had...
NZD/USD remains under selling pressure below 0.5750 after China’s inflation data and with focus on U.S. jobs data
The NZD/USD pair has been trading below the 0.5750 level, extending its losing streak for the fourth consecutive day and lingering just below the mid‑0.5700s during early Asian...
📌 Key Market Moves (Today)
• USD/CHF is hovering just below 0.8000 after posting gains over the past few sessions, with trading around ~0.7990 in Asian hours — gains have paused as the Swiss Franc stays supported by safe‑haven flows.
• The Swiss 10‑year yield has lifted toward ~0.30%, offering...
USD/CHF Analysis: Pair Remains Bid Near 0.8000 Despite Swiss CPI Rise
USD/CHF continues to trade firm near the 0.8000 level, showing resilience even after Swiss CPI data came in higher than expected, highlighting the market’s focus on broader USD strength rather than domestic Swiss inflation...
NZD/USD Outlook – UOB Group View
NZD/USD is expected to trade within a broad range of 0.5740 to 0.5825 in the near term, according to UOB Group, as the pair lacks a clear directional catalyst.
Key Factors Driving the Range
1. Mixed USD Signals
The US Dollar is steady but not strong enough to...
AUD/USD likely to trade in a higher near‑term range of 0.6685–0.6730
According to UOB Group’s analysts Quek Ser Leang and Peter Chia, AUD/USD is expected to oscillate within a relatively elevated range, rather than showing a sustained breakout in either direction in the very short term. They...
NZD/USD likely to trade in a range between 0.5760 and 0.5800
UOB Group’s FX analysts — Quek Ser Leang and Peter Chia — believe that NZD/USD is expected to stay in a fairly narrow range, with 0.5760 on the downside and 0.5800 on the upside acting as the key bounds in the near term. This range...
AUD/USD gains traction around 0.6715–0.6720
The Australian dollar has firmed against the U.S. dollar, with AUD/USD trading above the 0.6700 mark in early Asian sessions. The pair has been buoyed by a softer U.S. dollar as markets position ahead of important U.S. economic releases that could...
1. Current Situation
EUR/GBP is drifting lower, approaching 0.8700.
The decline comes after the release of Eurozone and UK final manufacturing PMIs for December 2025:
Eurozone manufacturing PMI confirmed moderate expansion, but not strong enough to significantly boost EUR.
UK manufacturing PMI...
1. Current Situation
USD/CHF is trading just below 0.7940, showing limited directional movement.
The market is experiencing a calm start to 2026, with low volatility typical of early-year sessions.
The pair reflects a balance between USD strength (safe-haven flows) and CHF’s traditional haven...
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1. Current Situation
AUD/USD has dropped below 0.6700, reflecting broad risk-off sentiment in the FX market.
The move comes after news of the US capturing Venezuelan President Nicolás Maduro, a major geopolitical event triggering safe-haven flows into the USD.
2. Key Drivers
Safe-Haven...
1. Key Data
December 2025 RatingDog Services PMI: 52.0
Market expectation: 52.6
Previous (November 2025): 52.1
Interpretation:
Above 50 = expansion, below 50 = contraction.
52.0 indicates slower services growth than expected, though the sector continues to expand.
2. What the Data Suggests...
1. Key Data
December 2025 Services PMI (Rating Dog): 52.0
Market expectation: 52.6
Previous reading (November 2025): 52.1
Interpretation: Any reading above 50 indicates expansion, but the decline to 52.0 signals a slower pace of growth.
2. What the Data Suggests
Slowing Services Growth
The...
1. Current Situation
USD/CHF has risen above 0.7930, signaling early-week strength in the US dollar against the Swiss franc.
This comes in a cautious market environment, with investors weighing US economic data, global risk sentiment, and central bank signals.
The move reflects both broad...
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📉 Market Overview: Kiwi’s Struggle Near 0.5800
NZD/USD has climbed back above the key 0.5800 level, but the rebound appears weak and lacking strong momentum. Technical indicators remain neutral-to-bearish, suggesting the recovery isn’t fully convincing yet.
The pair trades around ~0.5814 with...
📈 Current Price Action
AUD/USD is trading around the 0.6700 region, up modestly as the Australian dollar rebounds and the US dollar steadies amid thin holiday trading volumes.
The pair recently tested a 14-month high around 0.6727 before pulling back slightly, with the psychological 0.6700...
Price action
NZD/USD remains under pressure in Asian trading, trading near 0.5785–0.5800 and failing to make a sustained recovery above the key 0.5800 level even after China’s December PMI prints surprised to the upside. The pair’s inability to climb reflects broader USD strength and limited...
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Price movement:
The CoinDesk Bitcoin Price Index (XBX) recently **fell by about 0.42% to $87,098.49, representing a modest intraday decline of around $364.42. This marks one of the lower levels for BTC in mid‑to‑late December 2025.
Market context:
• Bitcoin remains near the $87,000 range amid...
Price movement:
Ethereum slightly declined by about 0.03% to $2,934.19, a modest drop of roughly $0.84 on the day — this is the smallest percentage decrease since Dec. 26, 2025.
Market context:
• Ether remains around the $2,900–$3,000 zone, with recent price action showing some resistance to...
Recent price action
USD/CHF has edged higher toward the 0.7900 area, bouncing back after dipping near recent lows around 0.7860–0.7880. The move higher reflects modest buying interest in the US Dollar amid broader FX market positioning, even as the Swiss Franc remains relatively stable...
Current technical setup
EUR/GBP has recently rejected near the 0.8740 resistance area and is trading close to its two‑month lows near 0.8700. After a failed recovery attempt, downward momentum remains intact, with the pair hovering just above key support around 0.8701–0.8707, including the 78.6%...
Price action and key level
AUD/USD fizzled near the 0.6700 mark in early trading, slipping back below that level after stalling its recent bullish swing. The pair has struggled to maintain upside momentum as year‑end market liquidity remains thin and trading volumes dry up. This has left the...
Price Action
NZD/USD is posting modest gains near 0.5805 in early Asian trading as markets look ahead to the Federal Open Market Committee (FOMC) minutes release later in the session. The pair has managed to stay above the key 0.5800 level, showing some resilience in a cautious market.
Drivers...
:
Price action
• EUR/GBP is trading below the 0.8750 level, around ~0.8720–0.8730 in early European sessions, reflecting a slight softening of the cross versus recent brief strength.
Monetary policy drivers
BoE outlook supporting GBP:
• The Bank of England’s (BoE) cautious tone and gradual...
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Bearish technical setup
USD/CHF has extended its slide and recently hit three‑month lows near ~0.7860, underscoring bearish momentum. The pair is trading below short‑term moving averages, and sellers remain in control as long as key resistance levels hold.
Technical indicators like the...