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EUR/USD fluctuates near 1.1710 as Eurozone data disappoints, raising economic concerns

EUR/USD dips to 1.1710 amid disappointing Eurozone data and lower German inflation, increasing economic growth concerns. In contrast, the resilient US labor market suggests continued demand for the dollar. Traders should strategize accordingly. – vtmarketsmy.com

Chevron Corporation attracts significant attention in the energy market with a surge exceeding 5%

Chevron’s stock surged over 5% on news of expanded operations in Venezuela, breaking a long-term downtrend. Traders eye a target of $177.35, but volatility and geopolitical risks persist. – vtmarketsmy.com

Kraft Heinz Company’s stock has fallen more than 18% from its July peak in recent months.

Kraft Heinz’s stock is down 18% since July, but a potential breakout above a key trendline could signal a change. Two trading strategies may capitalize on this shift. Keep an eye on upcoming earnings! – vtmarketsmy.com

The Pound Sterling falls to around 1.3520 as the US Dollar strengthens against it.

The Pound Sterling has dipped against the US Dollar, settling near 1.3520. Short-term predictions suggest a minor recovery towards 1.3560, but significant gains beyond 1.3590 seem unlikely. – vtmarketsmy.com

S&P Global Services PMI for the United States falls to 52.5 from 52.9

The US service sector shows slight growth slowing, affecting market outlook. Strong dollar trends, gold stability, and mixed crypto signals prompt cautious strategies. Prepare for potential market consolidation and volatility. – vtmarketsmy.com

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