Live Updates

The Canadian Dollar remains steady despite a new trade deal with China. Traders see potential for a decline in USD/CAD, suggesting opportunities as the market overlooks positive economic impacts. – vtmarketsmy.com

Silver prices fell 2.5% as geopolitical tensions eased and high US interest rates pressured demand. However, rising industrial use and easing monetary policies suggest potential market recovery. – vtmarketsmy.com

GBP/JPY is facing a three-day decline as Japan warns of potential currency intervention, reaching one-week lows near 211.60. Political uncertainty and diverging interest rate outlooks add further pressure. – vtmarketsmy.com

Viatris Inc. (VTRS) faces a critical price ceiling at $13.55 after a recent rally, challenging traders’ patience. Options strategies present opportunities as the stock tests this persistent resistance and possible consolidation. – vtmarketsmy.com

Bank of America’s stock plummeted despite strong earnings, signaling bearish momentum after a major rally. Traders should wait for a retracement before considering options to profit from potential further decline. – vtmarketsmy.com

The US housing market’s NAHB index fell to 37, signaling weak builder confidence. Gold prices dropped under $4,600, while Bitcoin remains strong despite declining retail demand. Upcoming data could shift market sentiments. – vtmarketsmy.com

Markets are cautious as the S&P 500 and Nasdaq struggle, while small-caps like Russell 2000 thrive. Traders should hedge against potential volatility and focus on targeted trades amid market indecision. – vtmarketsmy.com

Victory NASDAQ-100 Index (USNQX) boasts impressive returns but carries higher volatility. With upcoming economic shifts and big tech earnings, savvy traders can capitalize on market fluctuations through targeted strategies. – vtmarketsmy.com

US industrial production increased 0.4% in December, boosting the dollar and delaying Fed rate cuts. Traders should focus on dollar call options and gold puts amid changing market dynamics. – vtmarketsmy.com

December’s unexpected capacity utilization rate of 76.3% signals a stronger U.S. economy, challenging previous forecasts. This trend suggests higher interest rates could persist, impacting markets and inflationary pressures ahead. – vtmarketsmy.com