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GBP/USD rises for the second session in Asian trading, hovering near 1.3060 ahead of the BoE decision
GBP/USD is stabilizing around 1.3060 as traders brace for the Bank of England’s interest rate decision and potential tax hikes from Chancellor Rachel Reeves to address a £110 billion deficit. – vtmarketsmy.com
Written on November 6, 2025 at 7:56 am
Categories: Live Updates
Pound Sterling supports GBP/USD, staying strong above 1.3050 ahead of BoE decision
GBP/USD rises as the British Pound gains strength ahead of the Bank of England’s rate decision. Traders brace for potential fiscal tightening in the UK budget, impacting future currency movements. – vtmarketsmy.com
Written on November 6, 2025 at 7:56 am
Categories: Live Updates
EUR/USD rises to around 1.1505 during Asian trading hours amid positive risk sentiment
The ECB maintains a steady deposit rate amid inflation concerns, while US economic signals create volatility in the EUR/USD pair. Key upcoming data could influence future currency direction. – vtmarketsmy.com
Written on November 6, 2025 at 6:57 am
Categories: Live Updates
Recent analysis shows AMD has peaked, with expected upward movement in its trend.
AMD’s Wave 4 Elliott structure signals potential gains, targeting $280.50-$294.40 for wave 5. With strong earnings and market support, now’s the time to consider bullish options strategies before the anticipated rally. – vtmarketsmy.com
Written on November 6, 2025 at 6:57 am
Categories: Live Updates
WTI oil trading at $59.60 may decline due to rising oversupply concerns after inventory increase
WTI Oil prices may drop due to oversupply fears, with US crude inventories rising significantly. As OPEC+ adjusts production, demand indicators weaken, creating a bearish market sentiment for traders. – vtmarketsmy.com
Written on November 6, 2025 at 6:56 am
Categories: Live Updates
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