Live Updates

    6 January 2026
    EUR/USD pair loses momentum at 1.1710 after rejection at 1.1740

    EUR/USD faces pressure as revised Eurozone Services PMI and German HICP data loom. With technical indicators showing hesitation and upcoming US labor reports, traders are advised to adopt cautious strategies. – vtmarketsmy.com

    6 January 2026
    NZD/USD drops below 0.5800 as caution sets in after failing to hold gains

    The NZD/USD dips below 0.5800 amid cautious sentiment, with traders awaiting key US employment data that could shift the US Dollar’s direction. Volatility strategies may offer potential gains. – vtmarketsmy.com

    6 January 2026
    In uncertain markets, the Australian dollar hovers around 0.6715 after retreating from 0.6740.

    The AUD/USD dropped to 0.6715 as the US Dollar gained strength. Key economic data and divergent central bank policies suggest a potential rally for the Aussie, making trading opportunities enticing. – vtmarketsmy.com

    6 January 2026
    Consumer confidence in Mexico rises to 44.8 in December, up from 44

    Mexico’s consumer confidence rose to 44.8, signaling a positive economic trend. With foreign investments growing and cautious monetary policy, the Mexican Peso shows potential stability ahead. – vtmarketsmy.com

    6 January 2026
    In December, consumer confidence in Mexico increased from 44.2 to 44.7

    Mexico’s consumer confidence rose slightly, hinting at stability amid mixed economic signals. Market caution persists as key US labor reports approach, influencing strategies in forex and cryptocurrencies. Stay prepared! – vtmarketsmy.com

    6 January 2026
    USD/JPY rises towards 156.50 during the European session as focus shifts to US NFP data.

    USD/JPY is rising near 156.50 amid a US Dollar recovery ahead of crucial Nonfarm Payroll data. Traders anticipate further declines for the currency pair, eyeing options for potential profits. – vtmarketsmy.com

    6 January 2026
    Commerzbank reports that OPEC+ plans to maintain production levels until March, with minor adjustments.

    OPEC+ will maintain current production levels until March, with Saudi Arabia cutting prices to attract demand. Weak oil demand signals suggest limited price rallies ahead, prompting traders to adopt cautious strategies. – vtmarketsmy.com

    6 January 2026
    As risk-on sentiment prevails, the US dollar weakens while the pound sterling excels among G10 currencies

    The US Dollar weakens as geopolitical tensions rise, particularly in Venezuela, while the Pound Sterling shines. Anticipated Fed rate cuts could fuel market volatility amid a thriving AI investment sector. – vtmarketsmy.com

    6 January 2026
    UOB Group analysts predict USD/CNH may fluctuate between 6.9720 and 6.9920, with limited downside risk.

    The USD/CNH is expected to trade between 6.9720 and 6.9920, with a test of 6.9590 possible. Market volatility remains low, but traders should prepare for potential surprises from economic data. – vtmarketsmy.com

    6 January 2026
    UOB Group analysts suggest that USD/CNH will range between 6.9720 and 6.9920, with a possible test of 6.9590.

    The US Dollar is projected to trade between 6.9720 and 6.9920, with analysts noting that dips may be limited due to oversold conditions. Watch for key resistance at 6.9950. – vtmarketsmy.com

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