Trading news

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive session and trading around 98.60 during the Asian hours on Monday. Traders will likely watch ISM Manufacturing PMI data due later in the day.

The Japanese Yen (JPY) drifts lower against a broadly firmer US Dollar (USD) for the fourth straight day and slides to a nearly two-week low during the Asian session on Monday.

The USD/CHF pair trades 0.15% higher to near 0.7930 during the Asian trading session on Monday.

USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday.

The Australian Dollar (AUD) holds losses against the US Dollar (USD) following the release of China’s RatingDog Services Purchasing Managers’ Index (PMI) on Monday, which declined to 52.0 in December from 52.1 in November.

Silver price (XAG/USD) jumps to near $75.40 during the Asian trading hours on Monday. The white metal surges as the United States (US) attacks Venezuela, boosting the safe-haven demand.

Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese central bank expected to continue raising interest rates if the economy and prices move in line with our forecast.

The NZD/USD pair rebounds from its lowest level since early December, around the 0.5725-0.5720 region, touched during the Asian session on Monday, and fills the weekly bearish gap opening.

China's Services Purchasing Managers' Index (PMI) declines to 52.0 in December from 52.1 in November, the latest data published by RatingDog showed on Monday.

China RatingDog Services PMI dipped from previous 52.1 to 52 in December

US President Donald Trump said that Washington might make a fresh military intervention if Venezuela’s interim president, Delcy Rodríguez, did not accommodate their demands, the Guardian reported on Monday. 

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0230 compared to Friday's fix of 7.0288 and 6.9952 Reuters estimate.

EUR/USD extends its losses, trading around 1.1710 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) strengthens on safe-haven demand, driven by a renewed rise in geopolitical risks following the United States’ (US) capture of Venezuelan President Nicolas Maduro.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.30 during the early Asian trading hours on Monday. The WTI price edges higher amid geopolitical tensions.

The GBP/USD pair opens with a modest bearish gap at the start of a new week and trades just below mid-1.3400s during the Asian session, down 0.10% for the day. Spot prices, however, lack follow-through selling and manage to hold above last week's swing low amid mixed fundamental cues.

Japan Jibun Bank Manufacturing PMI: 50 (December) vs 49.7

Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' (US) capture of Venezuelan President Nicolas Maduro.

The AUD/USD price attracts some sellers near 0.6685 during the early Asian session on Monday. A fresh surge in geopolitical risk after the United States (US) capture of Venezuelan President Nicolas Maduro boosts safe-haven currencies like the US Dollar (USD) against the Australian Dollar (AUD).

Speaking ahead of the 2026 Allied Social Science Associations Annual Meeting on Saturday, Philadelphia Federal Reserve (Fed) President Anna Paulson noted that “job market has been bending not breaking.”

In Sunday's virtual meeting of its eight members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman- the OPEC+ decided to keep the oil output unchanged, while avoiding the discussions of the geopolitical crises affecting several of the producer group's members.