About: davin
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US President Donald Trump ordered a blockade on Venezuelan oil tankers, according to Reuters.
Trump’s blockade on Venezuelan oil tankers impacts global oil prices, with WTI rising amid shifting supply dynamics. Traders face a tug-of-war between OPEC cuts and weak demand. – vtmarketsmy.com
Written on December 17, 2025 at 6:18 am
Categories: Live Updates
EUR/USD stabilizes around 1.1750 as Eurozone CPI nears and USD recovery slows down
The EUR/USD exchange rate steadied at 1.1750, driven by a dovish Federal Reserve outlook. Rising Eurozone inflation supports the Euro, suggesting potential gains for traders positioning for further upward movement. – vtmarketsmy.com
Written on December 17, 2025 at 6:18 am
Categories: Live Updates
PBOC sets USD/CNY reference rate at 7.0573, lower than 7.0602
The People’s Bank of China adjusted the Yuan’s reference rate to 7.0573, signaling stability. This move reflects priorities in financial stability and economic growth amid changing US Federal Reserve policies. – vtmarketsmy.com
Written on December 17, 2025 at 5:19 am
Categories: Live Updates
NZD/USD pair falls below 0.5800 due to RBNZ-Fed differences in the Asian session
NZD/USD is under pressure, trading around 0.5780 as concerns over China’s economy weigh on it. However, a hawkish RBNZ stance may limit further losses, creating potential trading opportunities. – vtmarketsmy.com
Written on December 17, 2025 at 5:18 am
Categories: Live Updates
Optimism about UK PMI data lifts GBP/USD above 1.3400, reaching around 1.3425
GBP/USD rises to 1.3425, buoyed by strong UK PMI data. However, a likely Bank of England rate cut could limit gains. Traders should prepare for volatility ahead of key economic decisions. – vtmarketsmy.com
Written on December 17, 2025 at 5:18 am
Categories: Live Updates
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