Live Updates

GBP/USD trades down at 1.3408 amid strong US economic data, reducing rate cut chances. With UK inflation issues and market signals, further declines are likely unless the pound breaks resistance at 1.3500. – vtmarketsmy.com

The PBOC manages the yuan’s daily midpoint, allowing fluctuations within a 2% band. Ongoing economic pressures may prompt currency interventions, making range-trading strategies with derivatives advantageous amid stability. – vtmarketsmy.com

Canada’s trade minister is seeking dialogue with China and India to boost trade amid evolving relations. This could strengthen the Canadian dollar and present opportunities in ASEAN and Mercosur markets. – vtmarketsmy.com

German Chancellor Merz opposes EU plans for corporate tax hikes, fearing political friction that could destabilize markets. Uncertainty may weaken the Euro while increasing volatility, affecting corporate earnings forecasts. – vtmarketsmy.com

The US dollar strengthens, impacting global currencies and precious metals. AUD/USD and EUR/USD decline as US yields rise. China’s economic signals create mixed prospects, urging caution in commodity investments. – vtmarketsmy.com

Japan’s inflation hovers above 3%, prompting speculation of a rate hike as elections loom. Investors should consider options strategies for potential volatility amid political uncertainty and impending market changes. – vtmarketsmy.com

The EUR/CHF pair holds steady near 0.9330 but faces a potential breakout due to narrowing volatility. Upcoming Swiss National Bank decisions could swing rates significantly. Prepare for market shifts! – vtmarketsmy.com

The Euro is gaining against the Japanese Yen, trading near a one-year high as Japan’s weak trade data and central bank divergence support upward momentum. Watch key levels for potential breakout opportunities! – vtmarketsmy.com

Federal Reserve Governor Christopher Waller emphasizes a cautious approach to rate cuts and balance sheet adjustments, driven by incoming data. Market volatility offers opportunities amid uncertainty around future policy changes. – vtmarketsmy.com

Natural gas storage in the U.S. rose by 46 billion cubic feet, surpassing expectations. Meanwhile, currency markets face volatility with a stronger US dollar, impacting AUD/USD and EUR/USD. – vtmarketsmy.com