Live Updates

The Canadian Dollar strengthens against the US Dollar due to unexpected inflation drives, despite headline CPI drops. Market watchers are focusing on upcoming Canadian Retail Sales and US economic indicators. – vtmarketsmy.com

Interest rates influence gold prices, creating a delicate balance. With rising geopolitical tensions and cautious U.S. policies, gold may surge past $3,324, highlighting its appeal as a safe-haven asset. – vtmarketsmy.com

The Japanese Yen gained 0.4% against the US Dollar amid a weaker Dollar. Market focus is on rising bond yields, hinting at the Bank of Japan’s policy shift and potential investor challenges ahead. – vtmarketsmy.com

EUR/USD remains strong amid US dollar weakness from trade tensions and fiscal concerns. With rising inflation in the UK affecting GBP/USD, cautious optimism prevails as markets brace for volatility. – vtmarketsmy.com

The Australian Dollar dropped to 0.6445 after the Reserve Bank’s dovish tone, with resistance at 0.6460 and support at 0.6420. External factors, including a weaker US Dollar, limited the decline. – vtmarketsmy.com

The US Dollar weakens amid rising Treasury yields and geopolitical tensions. Concerns over stalled tax cuts affect market sentiment, while Nordic currencies perform well against riskier ones like the ZAR and MXN. – vtmarketsmy.com

The USD/JPY exchange rate is declining towards support at 142.30, signaling weakening momentum. Analysts maintain a short position, anticipating further drops while cautioning against sudden market volatility. – vtmarketsmy.com

April’s CPI surge shifted Bank of Canada rate cut expectations, strengthening the Canadian dollar against the US dollar. Key resistance levels loom near 1.40, impacting future trading dynamics. – vtmarketsmy.com

The US Dollar weakens amid geopolitical tensions and fiscal concerns, settling at 99.59. Analysts advise caution, indicating that traditional strategies of buying dollars may no longer hold. – vtmarketsmy.com

USD/CHF is plummeting to 0.8240 due to a US credit rating downgrade and political gridlock on tax cuts. The Swiss National Bank hints at potential negative rates amidst global economic concerns. – vtmarketsmy.com