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USD/CAD reaches a seven-month high due to the Canadian Dollar’s weakness against the US Dollar
The USD/CAD pair reaches seven-month highs, driven by strong US economic data. With oil prices dropping and ongoing trade tensions, the Canadian Dollar faces challenges, signaling potential further gains for the USD. – vtmarketsmy.com
Written on November 5, 2025 at 10:56 pm
Categories: Live Updates
Pound Sterling consolidates above 1.30 with modest support from better-than-expected PMI results
The Pound Sterling hovers above 1.30, while the Bank of England’s rate hold amidst inflation concerns adds caution. Upcoming fiscal updates could trigger volatility—investors might explore straddle strategies for potential price swings. – vtmarketsmy.com
Written on November 5, 2025 at 9:57 pm
Categories: Live Updates
In October, analysts were surprised when the Services PMI rose to 52.4, surpassing expectations.
The US ISM Services PMI rose to 52.4 in October, boosting the US Dollar and altering rate cut expectations. Amid strong growth and persistent inflation, market volatility could increase. – vtmarketsmy.com
Written on November 5, 2025 at 9:56 pm
Categories: Live Updates
US ISM services PMI surpasses expectations with a figure of 52.4
The US economy shows resilience with weaker-than-expected inventory builds affecting oil prices, while the stronger ISM Services PMI boosts the Dow. Gold rises as market uncertainty lingers. – vtmarketsmy.com
Written on November 5, 2025 at 9:56 pm
Categories: Live Updates
In October, the ISM services prices paid in the United States increased from 69.4 to 70.
US markets show mixed signals as inflation rises, stocks rebound, and gold approaches $4,000. With a volatile backdrop from the government shutdown, traders must navigate risks and seize opportunities wisely. – vtmarketsmy.com
Written on November 5, 2025 at 9:56 pm
Categories: Live Updates
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