Live Updates

    3 February 2026
    Japan’s Finance Minister will respond as necessary while closely cooperating with US officials.

    Japan’s Finance Minister signals potential intervention as USD/JPY hovers at 155.50. With narrowing interest rates and a stronger yen on the horizon, traders should prepare for volatility and consider hedging strategies. – vtmarketsmy.com

    3 February 2026
    Japan’s year-on-year monetary base increased from -9.8% to -9.5% in January

    Japan’s monetary base shows slight improvement, hinting at policy shifts. Gold holds steady, GBP remains strong, and markets adapt amid geopolitical tensions. Strategies like options can maximize trading opportunities. – vtmarketsmy.com

    3 February 2026
    Modi halts Russian oil imports, leading to a reduction of tariffs on India to 18%

    Trump decreases tariffs on India to 18% as India stops buying Russian oil. This trade deal could boost Indian markets and create new opportunities in US energy and agriculture sectors. – vtmarketsmy.com

    3 February 2026
    DBS Bank’s Philip Wee adjusts MYR predictions based on strong USD performance factors

    DBS Bank has lowered its Malaysian Ringgit (MYR) forecast, predicting USD/MYR will reach 3.80 by Q3 2026. Favorable economic conditions and strong oil prices support this optimistic outlook for MYR. – vtmarketsmy.com

    3 February 2026
    In January, South Korea’s year-on-year consumer price index growth hit 2%, missing forecasts.

    South Korea’s CPI growth of 2% indicates cooling inflation, contrasting with central bank policies. Global economic shifts and currency movements present trading opportunities amidst geopolitical stress—stay informed and strategize wisely. – vtmarketsmy.com

    3 February 2026
    Consumer Price Index growth in South Korea matches expectations at 0.4% for the month

    In January 2026, South Korea’s consumer prices rose 0.4%, while gold prices climbed in Malaysia amid a weaker USD. Cryptocurrency showed recovery, hinting at potential market shifts. – vtmarketsmy.com

    3 February 2026
    Pound Sterling’s decline slows ahead of Bank of England’s decision, with GBP/USD at 1.3646

    The GBP is stabilizing around 1.3650 against the USD as traders await the BoE’s Thursday decision. Persistent UK inflation complicates outlooks, potentially impacting future GBP movements significantly. – vtmarketsmy.com

    3 February 2026
    Ongoing contraction in China’s manufacturing and services sectors pressures economic outlook, says Commerzbank

    China’s economy struggles as manufacturing and services contract, with GDP growth projected to slow to 4% in 2026. Traders should prepare for volatility amid potential government stimulus to boost recovery. – vtmarketsmy.com

    3 February 2026
    The Euro falls against the Dollar due to strong US economic indicators and a change in Fed leadership.

    US economic indicators show mixed signals, with strong job growth contrasting a partial shutdown. Meanwhile, the euro faces challenges as eurozone data lags. Watch for upcoming ECB events impacting EUR/USD. – vtmarketsmy.com

    3 February 2026
    MUFG predicts the Indian Rupee will face challenges until 2026.

    The Indian Rupee is set to weaken until 2026 due to slow fiscal consolidation and rising borrowing needs, prompting traders to strategically invest in USD/INR options for expected depreciation. – vtmarketsmy.com

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