Live Updates

Manufacturing in the U.S. unexpectedly thrives, boosting the dollar and impacting currency pairs like GBP/USD and EUR/USD. Gold and cryptocurrencies stall, indicating potential market shifts ahead for investors. – vtmarketsmy.com

The Empire State Manufacturing Index rose to 7.7, signaling economic resilience and impacting global currencies. With a stronger dollar and rising Treasury yields, strategize for continued dollar strength and higher interest rate volatility. – vtmarketsmy.com

NVIDIA shares dipped 1.4% as China blocked imports of its H200 AI chips, creating uncertainty around revenue from the Chinese market. Traders should brace for volatility and watch key support levels. – vtmarketsmy.com

The GBP/USD rate holds at 1.3430 amid UK growth data prompting Bank of England policy shifts, while geopolitical tensions and US inflation impact dollar strength. Expect volatility in the coming weeks. – vtmarketsmy.com

EUR/USD is under pressure, trading near 1.1635 due to strong US data and a stable Fed outlook, despite positive Eurozone production. Market conditions favor a bearish trend for the Euro. – vtmarketsmy.com

The USD/CHF pair is challenging the resistance at 0.8020, driven by strong US economic data and easing geopolitical concerns. A breakout could lead to a target of 0.8080, attracting traders. – vtmarketsmy.com

US-China trade tensions affect the New Zealand Dollar, yet positive data from China and a hawkish RBNZ support NZD strength. Traders eye upside potential in NZD/USD for profits. – vtmarketsmy.com

Brazil’s retail sales surged 1% in November, surpassing expectations. Strong consumer demand signals economic resilience, influencing interest rates and boosting the Brazilian Real, with positive implications for retailers and traders. – vtmarketsmy.com

The US Dollar Index hovers near 99.25 as the Federal Reserve likely pauses rate cuts amid persistent inflation, suggesting traders maintain long positions and prepare for market volatility ahead. – vtmarketsmy.com

The US Dollar remains stable near weekly highs as consumer spending supports it, but challenges loom with potential Fed rate cuts. Political pressures could weaken its long-term appeal. – vtmarketsmy.com