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Pound strengthens against the US Dollar ahead of a busy week of UK data
The Pound Sterling is inching up against the US Dollar ahead of a crucial week of UK economic data and the Bank of England’s rate decision. Volatility is expected—trade wisely! – vtmarketsmy.com
Written on December 15, 2025 at 9:16 pm
Categories: Live Updates
USD/CNH drops below 7.0500, hitting its lowest point since October 2024 amid weaker Chinese economic data
The USD/CNH currency pair dips below 7.0500, reflecting weak Chinese economic data. A stronger yuan may boost consumer spending, prompting traders to consider options for yuan appreciation amid increased market volatility. – vtmarketsmy.com
Written on December 15, 2025 at 9:15 pm
Categories: Live Updates
The Euro remains stable and slightly gains against the US Dollar in the mid-1.17 range.
The Euro holds steady in the mid-1.17s, driven by widening yield spreads and positive industrial production. Traders anticipate the ECB’s policy decision, eyeing potential upward movement towards 1.19. – vtmarketsmy.com
Written on December 15, 2025 at 9:15 pm
Categories: Live Updates
USD/CAD is trading around 1.3765, near recent lows after the BOC kept its rate steady.
USD/CAD hovers near 1.3765 as the Bank of Canada maintains a cautious stance on rates. Market expectations hint at a future increase, driving forecasts for a potential decline to 1.3500-1.3600. – vtmarketsmy.com
Written on December 15, 2025 at 8:16 pm
Categories: Live Updates
The Canadian dollar is trading near its Friday closing level against the US dollar, just below fair value.
The Canadian Dollar is poised for strength against the US Dollar, with resistance around 1.3850-1.3875 as USD losses consolidate. Economic resilience and policy divergence support CAD appreciation. – vtmarketsmy.com
Written on December 15, 2025 at 8:16 pm
Categories: Live Updates
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