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NZD/USD rises towards 0.5750 during Asian trading hours as Iran tensions ease
The NZD/USD pair approaches 0.5750 amid easing Iran tensions and a cautious Reserve Bank of New Zealand. Market dynamics suggest potential declines for the Kiwi, influenced by weak economic data and US interest rates. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 am
Categories: Live Updates
GBP/USD trades near 1.3380 during Asian hours after slight losses due to dollar strength
The GBP/USD pair is likely to decline as US jobless claims indicate a stable job market, supporting unchanged Fed rates. Traders should consider strategies like selling calls or buying puts for potential gains. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 am
Categories: Live Updates
The People’s Bank of China sets the USD/CNY reference rate at 7.0078, updated from 7.0064
The People’s Bank of China set the USD/CNY reference rate at 7.0078, signaling a softer yuan to boost a slowing economy. Expect increased market volatility and strategic trading opportunities ahead. – vtmarketsmy.com
Written on January 16, 2026 at 5:26 am
Categories: Live Updates
Australian dollar stabilises around 0.6700 after two days of gains amid cautious RBA sentiment
The AUD/USD pair is showing promise as Australia’s potential interest rate hike contrasts with the US dollar’s strength. Traders should consider options to capitalize on this anticipated divergence. – vtmarketsmy.com
Written on January 16, 2026 at 4:26 am
Categories: Live Updates
WTI rises to about $59.10 after recovering from a two-day decline amid geopolitical tensions
WTI oil prices rise above $59 as traders assess geopolitical tensions, particularly with Iran’s situation. Supply concerns and mixed demand signals create uncertain market conditions, prompting strategic trading approaches. – vtmarketsmy.com
Written on January 16, 2026 at 4:26 am
Categories: Live Updates
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