Live Updates

The Euro is struggling against the US Dollar, hitting a two-month low due to political turmoil in France. As markets brace for a weak consumer sentiment report, traders are eyeing put options for profit. – vtmarketsmy.com

The Pound Sterling is weakening significantly, declining against most currencies amid concerns over the UK’s fiscal situation and sluggish economic growth. Traders are bracing for further declines ahead of the upcoming budget. – vtmarketsmy.com

Silver is surging towards its all-time high of $50.70, driven by safe-haven demand, supply challenges, and potential US Federal Reserve rate cuts. Strong industrial needs and geopolitical instability enhance its bullish outlook. – vtmarketsmy.com

The New Zealand Dollar (NZD) faces a bearish outlook, likely declining toward support at 0.5690, influenced by disappointing inflation data and a strong US dollar, with traders advised to consider put options. – vtmarketsmy.com

The Euro is stabilizing against the US Dollar after a 1.5% decline, buoyed by neutral ECB messaging and improved German factory orders, creating a potential trading range between 1.1520 and 1.1620. – vtmarketsmy.com

India’s bank loan growth rises to 10.4%, signaling economic strength, while gold and oil prices decline. US markets rebound, driven by AI, amidst looming government shutdown concerns. – vtmarketsmy.com

India’s forex reserves dipped slightly to $699.96 billion amid market adjustments. Oil prices fell below $60, while gold stabilizes below $4,000. US markets remain buoyed by AI developments despite shutdown fears. – vtmarketsmy.com

The Australian Dollar (AUD) is poised for further decline, likely targeting 0.6520, as weakness persists due to economic pressures and cautious RBA tones. Strategic options trades could capitalize on this momentum. – vtmarketsmy.com

The US Dollar rises against the Yen amid Japan’s political turmoil and concerns over economic policies. Traders face volatility risks as intervention looms, creating a tense trading environment. – vtmarketsmy.com

The Canadian Dollar struggles as U.S. Dollar gains momentum, with CAD significantly below fair value. Weak job data and economic pressures indicate limited recovery potential, prompting strategic trading considerations. – vtmarketsmy.com