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As Venezuelan unrest continues, gold nears $4,500 due to geopolitical tensions and expected US rate cuts boosting demand
Gold prices skyrocketed to nearly $4,500 amid geopolitical turmoil and expectations of US rate cuts. With central banks buying heavily, gold remains a preferred safe haven. – vtmarketsmy.com
Written on January 7, 2026 at 4:26 am
Categories: Live Updates
As risk appetite grows, the Japanese yen weakens, causing USD/JPY to rise above 156.65
The USD/JPY pair surged to 156.65 amid a risk-on sentiment despite geopolitical events. Traders anticipate U.S. jobs data and watch Bank of Japan’s rate hike timing, affecting currency dynamics. – vtmarketsmy.com
Written on January 7, 2026 at 3:26 am
Categories: Live Updates
In December, Australia’s S&P Global Composite PMI decreased slightly to 51 from 51.1.
Australia’s S&P Global Composite PMI dipped to 51 in December, signaling slowing economic momentum. This could lead to increased market volatility, prompting defensive trading strategies amid persistent inflation. – vtmarketsmy.com
Written on January 7, 2026 at 3:26 am
Categories: Live Updates
In December, Australia’s S&P Global Services PMI increased to 51.1, up from 51.
Australia’s services PMI suggests slight growth, while EUR/USD declines amid US dollar strength. Gold faces profit-taking, and crypto sentiments shift. Traders might explore options in response to market trends. – vtmarketsmy.com
Written on January 7, 2026 at 3:26 am
Categories: Live Updates
EUR/USD falls below 1.1700 as Eurozone activity slows, despite mixed US economic data
EUR/USD dropped over 0.28% due to slowing Eurozone growth and German inflation below 2%. Strategies like buying puts may profit from further declines as market choppiness increases. – vtmarketsmy.com
Written on January 7, 2026 at 3:26 am
Categories: Live Updates
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