Live Updates

China’s gold demand fell 3.5% in early 2023, with jewellery declining sharply. However, rising demand for bars and coins signals a shift to investment, suggesting bullish trends and potential price increases ahead. – vtmarketsmy.com

Brazil’s inflation exceeded forecasts at 0.33%, influencing market dynamics. The dollar strengthens against the euro and pound, impacting gold and cryptocurrencies. Traders may explore options for volatility and carry trades. – vtmarketsmy.com

Gold prices have dropped under $3,350 per ounce due to improved trade relations, reducing demand for safe havens. Strategic trading suggests options and volatility strategies for potential profits amid market uncertainty. – vtmarketsmy.com

The Euro has dipped slightly against the US Dollar but remains in a bullish trend. Key upcoming CPI data could drive volatility; strategies like selling puts may capitalize on market movements. – vtmarketsmy.com

Crude oil prices face a bullish future as the U.S. oil rig count drops to 415, indicating restrained production. A significant supply cut strengthens market support, signaling potential price increases ahead. – vtmarketsmy.com

USDCHF shows market indecision between key moving averages amid contrasting central bank policies. Watch for potential breakouts, using options strategies to capitalize on volatility in coming weeks. – vtmarketsmy.com

The US Dollar may trade between 7.1440 and 7.1630 against the Yuan, with potential drops to 7.1295. Traders should consider options strategies to capitalize on the expected range-bound movement. – vtmarketsmy.com

The EUR/USD pair is losing ground as a strong US Dollar, buoyed by solid economic data, pressures the Euro. Traders may consider range-bound strategies amid ongoing market volatility. – vtmarketsmy.com

The upcoming meeting between EU and US leaders may disrupt a $1.3 trillion trade relationship. Traders should buy volatility and focus on sensitive sectors for potential gains amid uncertainty. – vtmarketsmy.com

The Euro is weakening amidst a strong US Dollar, driven by robust US economic data and interest rate policies. With bearish pressure on the EUR/USD pair, traders should consider strategies for a decline. – vtmarketsmy.com