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In September, the Eurozone’s Producer Price Index decreased by 0.1%, missing expectations.
Eurozone producer prices fell slightly in September, while US employment numbers rose. Gold prices surged, reflecting market volatility, and potential trading strategies are emerging amid central bank divergence. – vtmarketsmy.com
Written on November 5, 2025 at 2:56 pm
Categories: Live Updates
September’s Eurozone producer price index drops by 0.2%, matching expectations
Eurozone’s September Producer Price Index fell 0.2%, indicating weak pricing power and low inflation ahead. Traders are advised to capitalize on potential Euro weakness and low European interest rates. – vtmarketsmy.com
Written on November 5, 2025 at 2:56 pm
Categories: Live Updates
UOB Group suggests that GBP/USD may fall below 1.3000, but a further decline to 1.2960 seems unlikely.
The British pound may fall below 1.3000 against the US dollar due to weak UK economic data. Despite oversold conditions, further decline towards 1.2960 is possible, impacting trading strategies. – vtmarketsmy.com
Written on November 5, 2025 at 1:57 pm
Categories: Live Updates
Chancellor Reeves’ speech impacted Gilt yields and led to the Pound Sterling underperforming against G10 currencies.
The Pound Sterling faces tough times as tax hike fears loom after Chancellor Reeves’ speech. Despite recent recovery, volatility hints at future price swings, with GBP/USD nearing 1.2200. – vtmarketsmy.com
Written on November 5, 2025 at 1:57 pm
Categories: Live Updates
Pound struggles initially but improves after Reeves’ speech on budget challenges
The Pound Sterling weakened amid tax hike signals from Chancellor Reeves, with markets bracing for a tough budget. Traders might explore strategies for further GBP declines or a potential surprise rally. – vtmarketsmy.com
Written on November 5, 2025 at 1:56 pm
Categories: Live Updates
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