Live Updates

GBP/USD soared past 1.3300, driven by speculation of a dovish Federal Reserve. Traders anticipate a rate cut, pushing the Pound higher against the weaker Dollar. Market volatility is on the rise! – vtmarketsmy.com

Russia’s unemployment rate remained stable at 2.2% in October despite economic challenges. This tight labor market hints at potential interest rate hikes, impacting both the Ruble and equities. – vtmarketsmy.com

Gold stabilizes around $4,225 amid mixed US economic data, with a potential 25 bps rate cut supporting prices. Central bank buying boosts demand, creating a strong outlook for the precious metal. – vtmarketsmy.com

Christine Lagarde of the ECB sees economic growth from rising household spending and job stability, predicting stable inflation near 2%. The Euro is strengthening against the dollar amid diverging US-European monetary policies. – vtmarketsmy.com

The Pound Sterling climbs 0.5% against the US Dollar amid speculation of Federal Reserve leadership changes and potential rate cuts. Traders may find call options appealing as volatility rises. – vtmarketsmy.com

GBP/USD is testing crucial resistance at 1.3318. With UK inflation above target, traders are shifting focus from political surprises to economic data, highlighting the importance of planned releases for strategy adjustments. – vtmarketsmy.com

EUR/USD climbs to six-week highs as the US Dollar weakens amid disappointing job and inflation data, prompting traders to eye upcoming PCE reports for potential Federal Reserve rate cuts. – vtmarketsmy.com

Crude oil stocks unexpectedly rose, defying predictions, while the EUR/USD strengthens amid weak US labor data. Gold thrives at $4,200 due to a falling dollar—mark your investments wisely before key employment data is released. – vtmarketsmy.com

The Japanese Yen rises 0.3% against the US Dollar, signaling a potential reversal. Traders eye rate hikes and consider put options for profitable positioning amid narrowing yield spreads. – vtmarketsmy.com

The New Zealand dollar (NZD) strengthens against the US dollar (USD) as the Reserve Bank of New Zealand pauses rate cuts, while the US faces labor market challenges and predicted rate cuts. – vtmarketsmy.com