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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
Gold price (XAU/USD) falls to about $4,605 following Trump’s shift on Iran policy
Gold prices are influenced by central bank purchases and geopolitical tensions, often moving opposite to the US Dollar. Traders should consider strategies like put options amid a strong dollar and high interest rates. – vtmarketsmy.com
Written on January 16, 2026 at 4:26 am
Categories: Live Updates
Japan’s foreign investment in stocks drops from ¥124.9 billion to ¥1 billion
Foreign investment in Japanese stocks plummeted from ¥124.9 billion to ¥1 billion, signaling potential market corrections. The US dollar remains strong, impacting trading strategies and commodity prices like gold. – vtmarketsmy.com
Written on January 16, 2026 at 4:25 am
Categories: Live Updates
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