Live Updates

The EUR/CAD pair rises 0.13% to 1.6240, recovering from a four-day slump as the Euro strengthens despite French political turmoil. Canadian employment data shows weakness, increasing rate cut expectations. – vtmarketsmy.com

Dow futures rose slightly to 46,420 amid concerns over a US government shutdown and mixed Federal Reserve opinions. Weak consumer sentiment and political tensions keep market sentiment cautious and volatile. – vtmarketsmy.com

Bipartisan efforts to end the US government shutdown failed, causing uncertainty for inflation reports. Market volatility signals opportunities for strategic options trading, particularly with gold and currency pairs. – vtmarketsmy.com

The European Central Bank supports a stable 2% interest rate, signaling policy predictability amid slowing inflation. This could lead to reduced volatility in euro-denominated assets and affect EUR/USD trading strategies. – vtmarketsmy.com

Ross Stores (ROST) sees mixed performance ahead of earnings, with rising revenue but declining EPS forecasts. Traders should consider strategies like long straddles or bear put spreads to navigate potential volatility. – vtmarketsmy.com

WTI Oil prices fell to $60.99 amid global economic concerns and rising US inventories. The strong dollar complicates demand, with OPEC’s potential production cuts looming as a future market catalyst. – vtmarketsmy.com

Canadian unemployment hits 6.4%, signaling potential rate cuts; US tariffs still influence markets. Coinbase and Mastercard eye BVNK acquisition, while gold struggles and EUR/USD sees temporary gains. – vtmarketsmy.com

Canada’s unemployment is rising, hinting at potential rate cuts and a weaker Canadian Dollar. Meanwhile, Coinbase and Mastercard eye a $2 billion stablecoin acquisition, signaling strong institutional interest in digital assets. – vtmarketsmy.com

Major FX option expiries on October 10 indicate significant concentrations, particularly in EUR/USD, suggesting limited price breakouts. Upcoming economic reports may influence strategies for trading currencies like USD/CAD and GBP/USD. – vtmarketsmy.com

Canadian unemployment is rising, prompting potential rate cuts. Meanwhile, Coinbase and Mastercard vie for BVNK, indicating rapid stablecoin adoption. Traders should consider options for volatility and strategic positioning. – vtmarketsmy.com