Live Updates

The offshore Chinese Yuan (CNH) remains steady at 7.14 against the USD as cautious markets await key data. Mixed PMI results signal uncertainty in China’s economy, highlighting ongoing challenges. – vtmarketsmy.com

The US dollar shows potential for continued strength towards 150.15, but faces significant resistance and overbought signals. Traders should consider strategies that hedge against possible volatility and declines. – vtmarketsmy.com

The Chinese Yuan holds steady at 7.14 against the US Dollar amid economic caution. Upcoming PMI data is crucial for understanding China’s manufacturing and services, influencing potential market movements. – vtmarketsmy.com

The US Dollar may rise to 150.15 given current momentum, but risks and overbought conditions suggest potential struggles ahead. Caution is advised as traders face key support levels. – vtmarketsmy.com

The British Pound rebounded against the US Dollar after hitting a seven-week low, influenced by key US economic data and UK inflation concerns. Market volatility is anticipated as central bank policies evolve. – vtmarketsmy.com

Rising gold prices boost ETF investments but decrease physical demand, with China’s imports dropping. Dealers offer steep discounts, indicating market shifts. Traders should adopt strategies focusing on volatility for potential gains. – vtmarketsmy.com

The British Pound has rebounded against the US Dollar after a decline, stabilizing as inflation concerns could impact future rate hikes. Market volatility is anticipated ahead of the next Bank of England meeting. – vtmarketsmy.com

China’s gold imports fell 3.4% in August, signaling fragile demand despite rising ETF inflows. Discounts of $21-$36 per ounce hint at a disconnect, suggesting potential price drops ahead. – vtmarketsmy.com

The New Zealand Dollar (NZD) is likely to decline further, currently testing support at 0.5730. Oversold conditions may provide temporary relief, but negative economic outlooks suggest ongoing weakness ahead. – vtmarketsmy.com

The British Pound rebounded against the US Dollar as inflation data met expectations, prompting speculation on the Federal Reserve’s next moves. Traders eye strategies amid shifting economic signals. – vtmarketsmy.com