Live Updates

The US Dollar bounced back after two declines, supported by strong labor market data. Meanwhile, EUR/USD and GBP/USD fell, raising concerns about European and UK economic stability. Traders should stay cautious. – vtmarketsmy.com

The U.S. is urging South Korea to counter China’s influence without imposing sector-specific tariffs, allowing for diplomatic alignment rather than aggressive economic measures, which eases short-term trade volatility and risks. – vtmarketsmy.com

Fed member Waller suggests a possible July rate cut, citing temporary tariff-induced inflation and stable employment. As market expectations shift, traders should watch inflation data closely for potential surprises. – vtmarketsmy.com

Gold prices remain steady at $3,300, influenced by robust US jobs data, new tariffs, and rising Treasury yields. With strong dollar performance, market dynamics could shift as tariff impacts unfold. – vtmarketsmy.com

The Canadian dollar dipped after Trump’s 35% tariff announcement but showed slight recovery due to USMCA exemptions. Equity markets fell, as traders await potential policy changes to restore confidence. – vtmarketsmy.com

The US Dollar hovers above 97.50 as jobless claims fluctuate and FOMC minutes hint at potential rate cuts. Market reactions hinge on economic data amid trade uncertainties. Will the Dollar rise? – vtmarketsmy.com

China’s central bank maintains yuan stability by setting a firmer daily midpoint and injecting liquidity through repos, indicating intent to prevent further depreciation while guiding market sentiment cautiously. – vtmarketsmy.com

The USD/CHF pair rises to 0.7970 as US jobless claims decline, indicating a strong labor market. Despite tariff tensions, the dollar gains attraction, while the Swiss Franc softens. – vtmarketsmy.com

USMCA goods will remain tariff-exempt, stabilizing the Canadian dollar after a sharp decline. Market volatility reflects traders’ reactions to tariff announcements, highlighting the need for adaptive strategies in uncertain times. – vtmarketsmy.com

Upcoming economic data on GDP and production could significantly impact GBP/JPY. Traders should stay flexible as market volatility may rise, reflecting caution over Bank of England’s policy amid uncertain figures. – vtmarketsmy.com