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Jeffrey Schmid calls for restrictive monetary policy to address inflation at the Economic Club of Kansas City
Kansas City Fed President Schmid emphasizes a cautious approach to inflation, highlighting that cutting rates won’t boost employment significantly and could worsen inflation. The strong dollar reflects a challenging market ahead. – vtmarketsmy.com
Written on January 16, 2026 at 1:26 am
Categories: Live Updates
US data boosts Dollar Index to nearly 99.35, limiting further gains
The US Dollar Index is stable at 99.35, impacted by strong job data. Market volatility is easing as traders anticipate Fed rate cuts, making gold an attractive investment amidst changing economic conditions. – vtmarketsmy.com
Written on January 16, 2026 at 1:26 am
Categories: Live Updates
As geopolitical tensions ease, WTI prices fall below $60, reversing earlier weekly gains.
WTI oil prices fell below $60 after peaking due to US-Iran tensions, but oversupply concerns persist. With strong US dollar pressure and OPEC+ cuts, traders should strategize carefully as dynamics shift. – vtmarketsmy.com
Written on January 16, 2026 at 1:26 am
Categories: Live Updates
Silver prices drop to around $91.70 per ounce after reaching an all-time high due to reduced safe-haven interest
Silver prices fell from a record high to around $91.70 due to easing geopolitical tensions and profit-taking. Analysts see potential for medium-term gains amidst strong industrial demand and supply deficits. – vtmarketsmy.com
Written on January 16, 2026 at 12:26 am
Categories: Live Updates
The US dollar strengthens against the Canadian dollar due to strong US data and falling oil prices.
USD/CAD is rising to 1.3900, fueled by a strong US Dollar and a weaker Canadian Dollar due to falling oil prices. Traders may consider bullish strategies as market conditions suggest further increases. – vtmarketsmy.com
Written on January 16, 2026 at 12:26 am
Categories: Live Updates
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