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The Reserve Bank of Australia’s hawkish stance supports the Australian dollar against the US dollar
The Australian Dollar hits a 14-month high amid potential rate hikes by the RBA and strong iron ore prices. Traders eye strategies for profits, while mindful of geopolitical risks and US dollar influences. – vtmarketsmy.com
Written on December 29, 2025 at 9:25 am
Categories: Live Updates
Gold price drops from near $4,550 peak as traders take profits and the dollar rises
Gold prices dipped after peaking at $4,550, as traders took profits ahead of the holidays. Despite potential interest rate cuts and geopolitical tensions, caution signals suggest a possible short-term correction. – vtmarketsmy.com
Written on December 29, 2025 at 9:25 am
Categories: Live Updates
During late Asian trading, the USD/CHF pair nears 0.7900 as the US dollar rises.
The USD/CHF rises near 0.7900 as the US Dollar strengthens amid rate cut expectations. Key trading events this week offer potential volatility for traders focused on Fed policy shifts and Swiss currency reactions. – vtmarketsmy.com
Written on December 29, 2025 at 9:25 am
Categories: Live Updates
Russia’s Manufacturing PMI drops to 48.1, down from 48.3
Russia’s manufacturing PMI dropped to 48.1 in December, signaling ongoing economic contraction amid sanctions. This trend indicates potential ruble weakness and volatility in markets, impacting trading strategies for currency and equities. – vtmarketsmy.com
Written on December 29, 2025 at 9:24 am
Categories: Live Updates
Renewed US dollar demand pressures GBP/USD pair, causing a loss of momentum around 1.3485
The GBP/USD pair struggles near 1.3485 as the US dollar gains strength, influenced by expected Federal Reserve rate cuts. Market volatility rises, presenting trading opportunities ahead of key policy meetings. – vtmarketsmy.com
Written on December 29, 2025 at 8:25 am
Categories: Live Updates
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