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US Dollar Index trades around 100.15 in Asia during ongoing US government shutdown
The US Dollar Index fell to 100.15 due to the longest government shutdown in history, reducing the likelihood of interest rate cuts and increasing currency volatility. Traders may need to adjust strategies. – vtmarketsmy.com
Written on November 5, 2025 at 9:56 am
Categories: Live Updates
The Chinese Finance Ministry plans to soon reduce tariffs on American agricultural products.
China plans to lift tariffs on US agricultural goods starting November 10th, signaling a potential easing of trade tensions. This move may boost soybean prices and provide short-term trading opportunities. – vtmarketsmy.com
Written on November 5, 2025 at 8:58 am
Categories: Live Updates
USD/INR trading remains subdued around 88.70 due to India’s bank holidays
The USD/INR exchange rate remains above 88.50 amid subdued activity due to a bank holiday. The prolonged US government shutdown impacts the dollar, while the Indian Rupee faces foreign fund outflows. – vtmarketsmy.com
Written on November 5, 2025 at 8:58 am
Categories: Live Updates
Canadian dollar struggles as oil prices decline; USD/CAD rises to seven-month highs near 1.4110
USD/CAD hits a seven-month high as falling oil prices weaken the Canadian Dollar. Despite a US government shutdown, a hawkish Fed supports the USD, forecasting a continued upward trend for the pair. – vtmarketsmy.com
Written on November 5, 2025 at 8:57 am
Categories: Live Updates
WTI crude oil falls below $60 as US inventories increase
WTI crude oil prices dipped to $60 amid rising US inventories and geopolitical tensions. While high stockpiles suggest weakening demand, conflicts in the Middle East could support prices. Volatility remains heightened. – vtmarketsmy.com
Written on November 5, 2025 at 8:57 am
Categories: Live Updates
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