Live Updates

    8 October 2025
    GBP weakens near 1.3400 against USD during late European trading as investors await news

    The Pound Sterling struggles near 1.3400 against the strong US Dollar, amid a government shutdown and domestic political strains, signaling potential further downside for GBP/USD. Traders should prepare for volatility. – vtmarketsmy.com

    8 October 2025
    UOB Group analysts expect AUD/USD to decline to the 0.6555 support level.

    The Australian Dollar (AUD) is likely to dip below the 0.6555 support level, driven by increasing downward momentum. Amidst market volatility, consider positioning for profitable trades on falling AUD and rising gold. – vtmarketsmy.com

    8 October 2025
    The Canadian dollar stays steady, showing resilience against other G10 currencies despite USD strength

    The Canadian Dollar remains stable amid US Dollar strength, boosted by trade talks with the US and upcoming budget concerns. Market strategies focus on potential breakout catalysts as fiscal scrutiny rises. – vtmarketsmy.com

    8 October 2025
    Forecast indicates Pound Sterling may dip to 1.3385 before recovering, with 1.3325 being unlikely.

    Pound Sterling is expected to dip to 1.3385, with cautious bearish strategies recommended. Buying puts near 1.3400 and employing bear put spreads could capitalize on these short-term fluctuations. – vtmarketsmy.com

    8 October 2025
    NZD drops 0.6% against USD after unexpected 50 basis point rate cut

    The US Dollar strengthens as New Zealand’s rate cut shocks markets, causing the Kiwi to slide. Gold soars past $4,000, signaling investor caution amid rising geopolitical tensions. – vtmarketsmy.com

    8 October 2025
    Investors are concerned about France’s unstable political and fiscal climate, which is affecting the EUR/USD exchange rate.

    The Euro is sliding amid political turmoil in France and US funding concerns, pushing EUR/USD near crucial support levels. Risk-averse sentiment favors the Dollar, suggesting a bearish trend for the Euro. – vtmarketsmy.com

    8 October 2025
    NZD/USD shows slight recovery after RBNZ’s 50 bps cut

    The New Zealand Dollar plummets after the Reserve Bank cuts the cash rate unexpectedly, predicting further declines. Analysts see potential for short positions amid ongoing economic uncertainty and historical trends. – vtmarketsmy.com

    8 October 2025
    UOB Group predicts that the EUR may drop below 1.1645 but is likely to avoid 1.1610.

    The Euro may plunge below 1.1645, risking further declines towards 1.1610, amid weak Eurozone data and contrasting US economic strength. Traders may consider strategic options to profit from this potential drop. – vtmarketsmy.com

    8 October 2025
    Pound Sterling weakens to around 1.3400 against the US Dollar during late European trading

    The Pound Sterling struggles against a strengthening US Dollar, influenced by political instability in Japan and France. Traders should brace for volatility amidst uncertain economic signals and upcoming central bank decisions. – vtmarketsmy.com

    8 October 2025
    Silver prices surged to $49.00 amid political tensions in Japan and France, following support at $47.00.

    Silver prices soar toward $50, driven by global economic tensions and the US government shutdown. Investment interest grows amid fears of prolonged fiscal issues and industrial demand shifts. – vtmarketsmy.com

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