Live Updates

The People’s Bank of China set the USD/CNY rate at 7.1048, aiming to stabilize the yuan amid economic softness and a strong US dollar, creating a strategic trading landscape for investors. – vtmarketsmy.com

India plans to reduce Russian oil imports and increase U.S. purchases, impacting WTI prices and the USD/INR. This shift signals potential trading opportunities amid a changing global energy landscape. – vtmarketsmy.com

WTI crude oil prices dipped to $61.20 due to easing Middle East tensions and a prolonged US government shutdown. Traders face volatility amid mixed supply and demand signals. Prepare for sharp price swings! – vtmarketsmy.com

Japan’s PPI surged 2.7%, raising inflation concerns as the yen weakens. The USD/CAD hit six-month highs amid falling oil prices, while gold and silver prices reflect market anxiety. – vtmarketsmy.com

Japan’s Producer Price Index rose 0.3%, hinting at inflationary pressure and a weakening Yen. With global currency fluctuations and gold struggles, strategic options trading could provide profitable opportunities. – vtmarketsmy.com

Japan’s bank lending rose 3.8% in September, while the yen struggles against the USD amid uncertainties. Market sentiment is driven by the US government shutdown and Fed rate cut expectations, impacting currencies and precious metals. – vtmarketsmy.com

The GBP/USD exchange rate has fallen below 1.3300 amid a risk-averse market, influenced by the ongoing US government shutdown. Traders are advised to consider bearish strategies as volatility rises. – vtmarketsmy.com

USD/JPY rises to 153.05, driven by a strong US dollar amid ongoing government shutdown and concerns over Japan’s new leadership. Traders eye potential intervention risks and upcoming economic reports. – vtmarketsmy.com

Services inflation in Australia remains stubborn, impacting monetary policy and interest rates. Despite a slight economic recovery, the Australian Dollar has weakened, suggesting cautious trading strategies amid inflationary pressures. – vtmarketsmy.com

The Euro hits an eight-week low amid French political turmoil and weak German trade data, while the US Dollar strengthens due to inflation concerns and a government shutdown. Watch for volatility! – vtmarketsmy.com