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In December, Japan’s Jibun Bank Services PMI fell from 52.5 to 51.6
Japan’s services sector slows, weakening the Yen amid rate hike doubts. Meanwhile, the Australian dollar soars, and precious metals face profit-taking. Traders eye strategies for potential market shifts. – vtmarketsmy.com
Written on January 7, 2026 at 4:26 am
Categories: Live Updates
GBP/USD pair remains near 1.3500, looking for new direction from US economic data
GBP/USD stabilizes around 1.3500 amid dovish Fed expectations and easing UK budget concerns. Traders await crucial US economic data, suggesting a potential upward movement in the currency pair. – vtmarketsmy.com
Written on January 7, 2026 at 4:26 am
Categories: Live Updates
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
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