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PBOC sets USD/CNY reference rate at 6.9929, down from 7.0019
China’s central bank, PBOC, set the USD/CNY rate at 6.9929, indicating confidence yet cautious stability in managing the yuan. Traders should prepare for range-bound strategies amid controlled volatility. – vtmarketsmy.com
Written on January 23, 2026 at 7:08 am
Categories: Live Updates
Gold price soars past $4,950 during early Asian session amid increased safe-haven demand
Gold prices are surging, nearing $4,950 amid geopolitical tensions and Federal Reserve uncertainties. Central banks are buying, fueling demand for this safe-haven asset, paving the way for potential all-time highs. – vtmarketsmy.com
Written on January 23, 2026 at 7:07 am
Categories: Live Updates
In January, Japan’s Jibun Bank Services PMI increased from 51.6 to 53.4.
Japan’s services PMI rose to 53.4, signaling economic growth and recovery. As market volatility increases, traders should consider strategic options to navigate the evolving landscape, particularly with USD/JPY. – vtmarketsmy.com
Written on January 23, 2026 at 7:07 am
Categories: Live Updates
Jibun Bank Manufacturing PMI in Japan rises to 51.5 from 50
Japan’s manufacturing PMI rose to 51.5, signaling sector expansion and positive economic sentiment. This shift may lead to higher production, employment, and a stronger Yen, impacting traders and markets significantly. – vtmarketsmy.com
Written on January 23, 2026 at 6:08 am
Categories: Live Updates
The Japanese yen weakens against the US dollar as USD/JPY nears 158.50 before a rate decision
The Japanese Yen weakened against the US Dollar due to cooler inflation, prompting the Bank of Japan to maintain low interest rates. This raises risks for investors amid potential currency interventions. – vtmarketsmy.com
Written on January 23, 2026 at 6:08 am
Categories: Live Updates
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