Live Updates

The Canadian Dollar is slightly declining against the US Dollar, influenced by economic factors and technical levels. Traders should prepare for potential shifts based on upcoming inflation data and the Bank of Canada’s reports. – vtmarketsmy.com

Adobe’s stock is at a critical point, down 32% over the past year. It’s trading in a wedge pattern, and upcoming moves could signal a major shift, making options trading pivotal. – vtmarketsmy.com

The EUR/USD has hit a low amid strong US job data, pushing the dollar’s value up. As interest rates diverge between the Fed and ECB, traders eye potential dollar strength tactics. – vtmarketsmy.com

The AUD/USD exchange rate is steady at 0.6680 as strong US economic data counters mixed Australian signals. Traders should consider strategies like buying puts or selling call spreads in this uncertain environment. – vtmarketsmy.com

Inflation pressures linger, with the Fed’s restrictive policy expected to keep rates high through 2026. Traders may benefit from a strong dollar and protective strategies amid market volatility. – vtmarketsmy.com

Gold prices have slightly declined to $4,586, influenced by profit-taking, a stronger dollar, and positive US economic data. Despite temporary consolidation, geopolitical tensions and anticipated rate cuts keep gold appealing. – vtmarketsmy.com

The GBP/JPY pair is experiencing a pullback despite positive UK GDP data, as intervention speculation strengthens the Yen. Key technical indicators hint at slowing bullish momentum, prompting cautious trading strategies. – vtmarketsmy.com

WTI Oil prices are dropping to $59.20 per barrel due to rising US crude inventories and increased Venezuelan exports, despite easing tensions with Iran. Traders may need new strategies for potential price shifts. – vtmarketsmy.com

US export prices rose 0.5% in November, boosting the dollar and impacting currencies like EUR/USD and GBP/USD. Gold holds above $4,600, while volatility increases amid ongoing inflation concerns. – vtmarketsmy.com

US initial jobless claims fell to 198,000, surprising analysts and signaling a strong labor market. This shift may impact interest rate expectations and influence strategies in currency and equity markets. – vtmarketsmy.com