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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

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

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

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

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

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