Live Updates

Gold prices in the Philippines are rising due to a weakening US Dollar, making it an attractive investment. Central banks continue to buy gold, signaling confidence amid economic uncertainty. – vtmarketsmy.com

Gold prices in the UAE recently rose due to central banks’ increased reserves and expectations of interest rate cuts. This trend could signal a bullish outlook for gold in the coming months. – vtmarketsmy.com

The US Dollar Index is weakening at 98.20, influenced by easing US-Venezuela tensions and disappointing economic data. Expectations for Fed rate cuts are rising, suggesting a continued decline for the dollar. – vtmarketsmy.com

The NZD/USD pair rose slightly to 0.5800 amid weak US manufacturing data. Upcoming job reports and geopolitical tensions could sway the dollar, providing opportunities for traders in this volatile market. – vtmarketsmy.com

EUR/USD is rising, trading at 1.1735, driven by a weak USD and stable ECB outlook. Traders should consider credit spreads for bullish positions while monitoring crucial economic data that might impact the market. – vtmarketsmy.com

Market players await the US Nonfarm Payrolls report, predicting only 55,000 new jobs. Canadian Dollar pressures arise from Venezuelan oil access and declining prices, stirring uncertainty in currency trends. – vtmarketsmy.com

Silver prices soar to $76.55 amid rising safe-haven demand due to escalating US-Venezuela tensions. Traders eye interest rate cuts and upcoming jobs data as key influences on market volatility. – vtmarketsmy.com

China’s PBOC sets USD/CNY reference rate at 7.0173, signaling cautious yuan appreciation amid positive economic data. Traders can benefit from a gradual upward trend rather than volatility strategies. – vtmarketsmy.com

WTI oil prices are steady at $58.10 amid geopolitical tensions in Venezuela. OPEC’s production cuts and inventory reports signal ongoing volatility, urging traders to prepare for potential price fluctuations and strategic opportunities. – vtmarketsmy.com

Ireland’s Services PMI drops to 54.8, signaling a slowdown, amid fluctuating markets. Gold rises amidst geopolitical tensions, while GBP/USD hits a three-month high. Crypto trends show institutional support for Solana and Ripple. – vtmarketsmy.com