Live Updates

The People’s Bank of China sets the USD/CNY rate to stabilize the yuan amid strong economic data. This signals a controlled approach, favoring range-trading over aggressive bets on currency appreciation. – vtmarketsmy.com

GBP/USD hovers around 1.3435 as traders await the pivotal US Nonfarm Payrolls report. Market dynamics hinge on potential Federal Reserve rate changes, while the Bank of England’s stance supports the pound. – vtmarketsmy.com

Ireland’s consumer confidence ticks up to 61.2, hinting at cautious optimism. Key US job data looms, influencing currency markets and gold, as traders brace for potential volatility ahead. – vtmarketsmy.com

Japan’s foreign reserves plummeted to $1 billion, triggering a currency crisis that weakened the yen and rocked markets. Investors should brace for volatility and reassess strategies amid this unprecedented turmoil. – vtmarketsmy.com

Japan’s household spending rose by 2.9%, surprising markets despite a stagnant yen. The USD remains strong ahead of the US Nonfarm Payrolls, impacting currencies and gold prices significantly. – vtmarketsmy.com

Colombia’s CPI rose only 0.27% in December, hinting at easing inflation and potential rate cuts. Global inflation trends cool, with upcoming US jobs data likely affecting markets and gold prices. – vtmarketsmy.com

Colombia’s inflation dipped to 5.1%, indicating potential interest rate cuts ahead. This could weaken the Peso and boost Colombian stocks, presenting trading opportunities in currency and equity markets for investors. – vtmarketsmy.com

South Korea’s current account surplus surged to $12.24 billion in November, while currency markets await critical US Nonfarm Payrolls data. Capitalize on potential volatility with strategic options trading. – vtmarketsmy.com

Banxico adopts a cautious stance on interest rate cuts, reducing rates to 7% amid weak economic signals and rising inflation. Traders should brace for volatility in the Mexican Peso and interest rate markets. – vtmarketsmy.com

The EUR/USD pair is under pressure as strong US jobs data fuels dollar demand, trading at 1.1652. With Eurozone challenges, traders eye a bearish trend with strategic options. – vtmarketsmy.com