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The AUD/USD pair stabilizes just below 0.6650, holding steady since mid-September ahead of trade data.
The AUD/USD is poised to rise as Australia’s interest rates may remain steady while the US anticipates a rate cut. China’s strong trade surplus boosts Aussie dollar prospects, making it an attractive long position. – vtmarketsmy.com
Written on December 8, 2025 at 3:59 am
Categories: Live Updates
The PBOC has set the USD/CNY central exchange rate at 7.0764, which is slightly higher.
The PBOC uses various tools to manage China’s economy, directly influencing loan rates and currency strength. Traders should consider derivatives and cross-currency strategies amid diverging policies with the US Federal Reserve. – vtmarketsmy.com
Written on December 8, 2025 at 3:59 am
Categories: Live Updates
Upcoming trade balance data from China may affect AUD/USD, with expectations of widening figures.
China’s trade surplus surged to $111.68 billion, boosting the Australian Dollar against major currencies. With rising commodity prices and central bank meetings ahead, volatility may present trading opportunities. – vtmarketsmy.com
Written on December 8, 2025 at 3:58 am
Categories: Live Updates
Traders watch the GBP/USD pair steady around 1.3330 while awaiting the Fed’s rate decision.
GBP/USD remains around 1.2850, with traders cautious ahead of Bank of England and Fed decisions. Economic struggles in the UK, coupled with a strong US dollar, raise buying risks. – vtmarketsmy.com
Written on December 8, 2025 at 3:58 am
Categories: Live Updates
Gold surpasses $4,200 in early Asian trading amid expected Federal Reserve interest rate cuts.
Gold prices hit $4,205 as markets anticipate a 90% chance of a Federal Reserve rate cut. Central bank demand and economic shifts could impact prices; caution advised amid potential volatility. – vtmarketsmy.com
Written on December 8, 2025 at 2:59 am
Categories: Live Updates
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