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US Dollar Index hovers above 98, indicating weakness as investors expect more rate cuts
The US Dollar Index struggles to remain above 98, with expectations of multiple Fed rate cuts by 2026. Traders should consider derivative strategies to profit from anticipated dollar weakness ahead of key economic data. – vtmarketsmy.com
Written on December 12, 2025 at 6:17 am
Categories: Live Updates
Rising demand and a weaker dollar boost silver prices, nearing record highs
Silver prices surge to $63.75, boosted by industrial demand and a weaker Dollar. With growing solar and EV needs, and U.S. tariffs potentially affecting supply, investors see strong bullish opportunities ahead. – vtmarketsmy.com
Written on December 12, 2025 at 6:15 am
Categories: Live Updates
West Texas Intermediate crude oil trades around $57.85 following the US capture of a Venezuelan tanker.
WTI Crude Oil prices surged above $57.50, influenced by US seizure of a Venezuelan tanker. Geopolitical tensions and a Fed rate cut support prices, but strong US output may limit long-term gains. – vtmarketsmy.com
Written on December 12, 2025 at 6:15 am
Categories: Live Updates
The People’s Bank of China sets the USD/CNY rate at 7.0638, down from 7.0686
China’s central bank strengthens the yuan, setting the USD/CNY rate at 7.0638, signaling confidence in economic recovery. Traders should consider adjusting strategies as the PBoC manages currency stability. – vtmarketsmy.com
Written on December 12, 2025 at 5:16 am
Categories: Live Updates
The USD/CAD pair hovers around 1.3770, close to its lowest point since mid-September.
Oil prices’ recent decline poses a risk for the Canadian dollar, despite strong job growth and favorable interest rate outlooks. Traders should monitor oil market developments closely for future implications. – vtmarketsmy.com
Written on December 12, 2025 at 5:16 am
Categories: Live Updates
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