Live Updates

The USD/CAD pair rebounded briefly, but a cooling US labor market and mixed economic signals suggest a looming bearish trend for the US dollar. Traders may find opportunity in Canadian dollar calls. – vtmarketsmy.com

Trump’s blockade on Venezuelan oil tankers impacts global oil prices, with WTI rising amid shifting supply dynamics. Traders face a tug-of-war between OPEC cuts and weak demand. – vtmarketsmy.com

The EUR/USD exchange rate steadied at 1.1750, driven by a dovish Federal Reserve outlook. Rising Eurozone inflation supports the Euro, suggesting potential gains for traders positioning for further upward movement. – vtmarketsmy.com

The People’s Bank of China adjusted the Yuan’s reference rate to 7.0573, signaling stability. This move reflects priorities in financial stability and economic growth amid changing US Federal Reserve policies. – vtmarketsmy.com

NZD/USD is under pressure, trading around 0.5780 as concerns over China’s economy weigh on it. However, a hawkish RBNZ stance may limit further losses, creating potential trading opportunities. – vtmarketsmy.com

GBP/USD rises to 1.3425, buoyed by strong UK PMI data. However, a likely Bank of England rate cut could limit gains. Traders should prepare for volatility ahead of key economic decisions. – vtmarketsmy.com

Australia’s Westpac Index turns negative, signaling economic slowdown as gold soars amid weak US Dollar. Optimistic UK PMI boosts GBP, while cryptocurrencies hint at potential market rallies. Be cautious! – vtmarketsmy.com

Australia’s economy shows signs of weakness as Westpac’s Leading Index stagnates. Amidst fluctuating currencies and rising commodity prices, investors should consider options for potential gains and protective hedges. – vtmarketsmy.com

Japan’s trade surplus rose dramatically, while gold surged amid US economic uncertainty. The Aussie dollar declined despite a hawkish stance, and volatility in crypto offers trading opportunities. – vtmarketsmy.com

Japan’s imports underperformed in November, while the Australian Dollar fell despite steady interest rates. Rising gold and silver prices reflect global economic concerns, impacting market strategies amidst geopolitical tensions. – vtmarketsmy.com