Live Updates

Political turmoil pressures the USD as a possible government shutdown looms, while the AUD is impacted by China’s economic health and fluctuating iron ore prices. Strategies include options trading for risk management. – vtmarketsmy.com

USD/CAD edges up to 1.3720 as traders monitor central bank interest rates and a potential US government shutdown. Political risks and oil prices could drive significant currency volatility ahead. – vtmarketsmy.com

The People’s Bank of China set the USD/CNY rate at 6.9858, hinting at potential controlled depreciation to enhance competitiveness amid slowing growth, impacting traders and commodities. Opportunities may arise in currency options and futures. – vtmarketsmy.com

The NZD/USD has slipped from a four-month high due to profit-taking ahead of the FOMC meeting. Divergent monetary policies may impact future trends, making market positions risky. – vtmarketsmy.com

Kazakhstan’s oilfield restarts may pressure crude prices, while US supply disruptions create uncertainty. Geopolitical risks and upcoming inventory reports could lead to price spikes or drops in the volatile market. – vtmarketsmy.com

Australia’s NAB business conditions improved, signaling growth. The USD struggles, while gold peaks amid safe-haven demand. Crypto AXS surges on new tokens. Traders eye key central bank decisions and market volatility. – vtmarketsmy.com

Gold is surging towards $5,050 amid geopolitical tensions and uncertainty about the Federal Reserve’s interest rate. Central bank demand and inflation concerns further boost gold’s allure as a safe haven. – vtmarketsmy.com

Australia’s business confidence slightly improved in December. With cooling inflation at 3.1%, the RBA may not hike rates soon, impacting AUD/USD strategies. Stay informed for better trading decisions! – vtmarketsmy.com

Japan’s Corporate Service Price Index slightly decreased to 2.6% in December, while gold prices surged near $5,100 amid a weak US Dollar, signaling strong market trends and trading opportunities. – vtmarketsmy.com

Retail inflation in the UK rose to 1.5%, above expectations, while gold prices near all-time highs signal strong safe-haven demand. Traders may benefit from a bullish Pound Sterling outlook and strategic gold investments. – vtmarketsmy.com