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RBNZ Governor Hawkesby says the labour market decline was expected, according to Reuters
New Zealand’s unemployment rate has surged to 5.2%, its highest since 2016. The Reserve Bank remains focused on combating inflation, maintaining interest rates, and suggesting a stable NZD outlook ahead. – vtmarketsmy.com
Written on November 6, 2025 at 2:57 am
Categories: Live Updates
USD/JPY pair shows buying interest above 154.05 during the early Asian session
USD/JPY rises to 154.05 as US payrolls exceed expectations and Fed rate cuts diminish. Meanwhile, Japan hints at potential rate hikes, increasing market tension and prompting speculation on intervention. – vtmarketsmy.com
Written on November 6, 2025 at 2:56 am
Categories: Live Updates
GBP/JPY recovers after recent low near 199.61, finding support above 201.00
GBP/JPY is at 201.10, showing weak bullish momentum with an RSI below 50. Watch for potential downside risks if it breaks support at 201.00, with recovery needed above 202.00. – vtmarketsmy.com
Written on November 6, 2025 at 2:56 am
Categories: Live Updates
In September, South Korea’s current account balance increased from 9.15 billion to 13.47 billion.
The PBOC lowers the USD/CNY rate, while NZD/USD shows resilience despite poor jobs data. Gold struggles below $4,000, and the UK Pound faces weakness amidst a dovish BoE outlook. – vtmarketsmy.com
Written on November 6, 2025 at 2:56 am
Categories: Live Updates
Traders gain confidence as EUR/USD stabilizes around 1.15 after updated Federal Reserve cut expectations
EUR/USD stabilizes at 1.1480 after five days of losses, influenced by positive US data and shifting rate cut expectations. Economic growth in Europe faces uncertainty, prompting potential protective trading strategies. – vtmarketsmy.com
Written on November 6, 2025 at 1:57 am
Categories: Live Updates
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