Live Updates

The Japanese Yen is slightly recovering against the strong US Dollar, influenced by possible Bank of Japan rate hikes amid a pro-stimulus agenda. Traders should remain cautious of intervention risks. – vtmarketsmy.com

The People’s Bank of China set the yuan’s central rate at 7.0885, signaling efforts to stabilize currency despite economic pressures. Traders may find short-term options valuable as growth slows. – vtmarketsmy.com

The NZD/USD pair declines to 0.5695 as weak Chinese manufacturing data impacts New Zealand’s currency, while the US dollar gains strength amid Federal Reserve uncertainty and ongoing government shutdown concerns. – vtmarketsmy.com

Japan’s manufacturing PMI declines to 48.2, signaling contraction. Meanwhile, the US dollar strengthens amid cautious central bank policies, affecting currencies and commodities, with crypto markets facing significant sell-offs. – vtmarketsmy.com

Gold prices have dipped to around $4,000 due to uncertainties from the Federal Reserve regarding rate cuts amidst weakening manufacturing data. Traders should prepare for potential volatility in the market. – vtmarketsmy.com

GBP/USD hovers around 1.3150 as traders await the Bank of England’s steady interest rates amidst ongoing manufacturing decline and a US government shutdown, leading to potential market volatility. – vtmarketsmy.com

The AI sector’s rapid growth relies heavily on debt, raising concerns about sustainability. With over $200 billion in AI-related bonds issued, market pressures suggest potential trouble ahead. Investors should prepare for risks. – vtmarketsmy.com

The USD/JPY is rising above 154.00 as the US Dollar strengthens despite government shutdown risks. Traders shift focus to potential Fed rate cuts and Bank of Japan’s policy moves. – vtmarketsmy.com

U.S. vehicle sales dropped to 15.3 million in October, signaling consumer weakness amid high interest rates. Amidst economic uncertainty, traders eye potential currency movements and protective strategies in equities. – vtmarketsmy.com

South Korea’s unexpected CPI rise signals potential shifts in economic strategy, while global markets react with the Australian dollar declining and gold prices struggling under a strong US dollar. – vtmarketsmy.com