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PBOC sets USD/CNY central rate at 7.0128, down from 7.0197
The People’s Bank of China sets the USD/CNY rate to stabilize the yuan amid strong economic data. This signals a controlled approach, favoring range-trading over aggressive bets on currency appreciation. – vtmarketsmy.com
Written on January 9, 2026 at 6:26 am
Categories: Live Updates
Traders notice GBP/USD near its weekly low of 1.3435 during the Asian session
GBP/USD hovers around 1.3435 as traders await the pivotal US Nonfarm Payrolls report. Market dynamics hinge on potential Federal Reserve rate changes, while the Bank of England’s stance supports the pound. – vtmarketsmy.com
Written on January 9, 2026 at 6:26 am
Categories: Live Updates
In December, Ireland’s consumer confidence rose to 61.2, up from 61 previously.
Ireland’s consumer confidence ticks up to 61.2, hinting at cautious optimism. Key US job data looms, influencing currency markets and gold, as traders brace for potential volatility ahead. – vtmarketsmy.com
Written on January 9, 2026 at 5:29 am
Categories: Live Updates
Japan’s foreign reserves dropped from $1359.4 billion to $1 billion in December.
Japan’s foreign reserves plummeted to $1 billion, triggering a currency crisis that weakened the yen and rocked markets. Investors should brace for volatility and reassess strategies amid this unprecedented turmoil. – vtmarketsmy.com
Written on January 9, 2026 at 5:29 am
Categories: Live Updates
Japan’s household spending in November exceeded expectations, rising to 2.9% instead of the forecasted -0.9%
Japan’s household spending rose by 2.9%, surprising markets despite a stagnant yen. The USD remains strong ahead of the US Nonfarm Payrolls, impacting currencies and gold prices significantly. – vtmarketsmy.com
Written on January 9, 2026 at 5:26 am
Categories: Live Updates
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