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Silver price falls to around $80.15 as traders prepare for key US data amidst profit-taking
Silver prices fell to $80.15 as traders took profits ahead of crucial US economic data. Strong job growth pressures silver, but geopolitical tensions may support its price amid mixed signals. – vtmarketsmy.com
Written on January 7, 2026 at 6:26 am
Categories: Live Updates
Canadian dollar weakens as oil prices drop, with USD/CAD rising above 1.3800
The USD/CAD is above 1.3800 as oil prices drop and traders eye Federal Reserve policy. A strong Canadian dollar is supported by rising oil, creating market stability and range-bound predictions. – vtmarketsmy.com
Written on January 7, 2026 at 6:26 am
Categories: Live Updates
AUD/JPY drops to around 105.40 during Asian trading after softer Australian CPI data
AUD/JPY drops below 105.50 after Australia’s CPI fell to 3.4%, dampening rate hike expectations. With Japan’s uncertain interest rate moves, traders may consider strategies to profit from further declines. – vtmarketsmy.com
Written on January 7, 2026 at 6:26 am
Categories: Live Updates
WTI faces heavy selling pressure as it struggles to hold above $56.00 amid supply optimism
WTI crude prices are plummeting amidst increased supply expectations from Venezuela, reaching their lowest since December. Traders are cautious as global demand concerns and robust US production pressure prices further downward. – vtmarketsmy.com
Written on January 7, 2026 at 5:27 am
Categories: Live Updates
The PBOC sets the USD/CNY central rate at 7.0187, an increase from the previous rate.
The People’s Bank of China has set a weaker USD/CNY rate, signaling a potential devaluation. This move, amid sluggish economic data, suggests a trend towards yuan weakness, impacting traders and markets. – vtmarketsmy.com
Written on January 7, 2026 at 5:26 am
Categories: Live Updates
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