Live Updates

The Australian Dollar strengthens against the US Dollar, influenced by risk appetite and labor market dynamics. Key market signals show potential for further gains as factors like rates and commodity prices interplay. – vtmarketsmy.com

Saudi Arabia is set to increase crude oil shipments to China, reaching 51 million barrels in August—four million more than July. This signals a significant shift in energy trade dynamics and refining demand. – vtmarketsmy.com

The economy shows strong growth and easing inflation, with potential interest rate cuts ahead. However, fluctuating data keeps market sentiment cautious, urging traders to maintain flexible positions. – vtmarketsmy.com

The Japanese yen continues to weaken against the US dollar, hitting 147.00 due to a tariff on Canada, showcasing its vulnerability amid diverging economic conditions and positioning in Forex markets. – vtmarketsmy.com

The US Dollar bounced back after two declines, supported by strong labor market data. Meanwhile, EUR/USD and GBP/USD fell, raising concerns about European and UK economic stability. Traders should stay cautious. – vtmarketsmy.com

The U.S. is urging South Korea to counter China’s influence without imposing sector-specific tariffs, allowing for diplomatic alignment rather than aggressive economic measures, which eases short-term trade volatility and risks. – vtmarketsmy.com

Fed member Waller suggests a possible July rate cut, citing temporary tariff-induced inflation and stable employment. As market expectations shift, traders should watch inflation data closely for potential surprises. – vtmarketsmy.com

Gold prices remain steady at $3,300, influenced by robust US jobs data, new tariffs, and rising Treasury yields. With strong dollar performance, market dynamics could shift as tariff impacts unfold. – vtmarketsmy.com

The Canadian dollar dipped after Trump’s 35% tariff announcement but showed slight recovery due to USMCA exemptions. Equity markets fell, as traders await potential policy changes to restore confidence. – vtmarketsmy.com

The US Dollar hovers above 97.50 as jobless claims fluctuate and FOMC minutes hint at potential rate cuts. Market reactions hinge on economic data amid trade uncertainties. Will the Dollar rise? – vtmarketsmy.com