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About: davin
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PBOC sets USD/CNY reference rate at 6.9858, higher than the previous day’s rate
The People’s Bank of China set the USD/CNY rate at 6.9858, hinting at potential controlled depreciation to enhance competitiveness amid slowing growth, impacting traders and commodities. Opportunities may arise in currency options and futures. – vtmarketsmy.com
Written on January 27, 2026 at 7:08 am
Categories: Live Updates
NZD/USD pair pulls back from a four-month high near 0.6000 during the Asian session
The NZD/USD has slipped from a four-month high due to profit-taking ahead of the FOMC meeting. Divergent monetary policies may impact future trends, making market positions risky. – vtmarketsmy.com
Written on January 27, 2026 at 7:08 am
Categories: Live Updates
West Texas Intermediate oil prices fall to about $60.50 per barrel despite supply concerns.
Kazakhstan’s oilfield restarts may pressure crude prices, while US supply disruptions create uncertainty. Geopolitical risks and upcoming inventory reports could lead to price spikes or drops in the volatile market. – vtmarketsmy.com
Written on January 27, 2026 at 7:08 am
Categories: Live Updates
In December, Business conditions in Australia increased from 7 to 9, according to the National Australia Bank.
Australia’s NAB business conditions improved, signaling growth. The USD struggles, while gold peaks amid safe-haven demand. Crypto AXS surges on new tokens. Traders eye key central bank decisions and market volatility. – vtmarketsmy.com
Written on January 27, 2026 at 7:07 am
Categories: Live Updates
Gold price (XAU/USD) nears $5,050 due to geopolitical tensions and Fed uncertainties
Gold is surging towards $5,050 amid geopolitical tensions and uncertainty about the Federal Reserve’s interest rate. Central bank demand and inflation concerns further boost gold’s allure as a safe haven. – vtmarketsmy.com
Written on January 27, 2026 at 6:08 am
Categories: Live Updates
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