Live Updates

The GBP/USD pair is dropping to 1.3220 due to reduced liquidity, profit-taking, and expectations of a Fed rate cut, with forecasts indicating potential further declines below 1.3200. – vtmarketsmy.com

EUR/CAD dipped to 1.6180 as strong Canadian GDP data boosts the Loonie, contrasting with the Eurozone’s mixed economic signals. Expect further declines in EUR/CAD amid diverging monetary policies. – vtmarketsmy.com

Canada’s GDP grew 2.6% in Q3, surprising forecasts, boosting the Canadian Dollar (CAD), and increasing the likelihood of stable interest rates from the Bank of Canada. A strong economic outlook lies ahead. – vtmarketsmy.com

The S&P 500 remains bullish despite weak economic data, with gold rising above $4,200 and silver hitting record highs. Traders eye Federal Reserve actions, suggesting strategies for hedging and benefits from upward momentum. – vtmarketsmy.com

The USD/CAD pair is declining as the Canadian economy grows stronger, with GDP rising 2.6%. Diverging monetary policies suggest continued USD weakness, favoring bearish trading strategies for USD/CAD. – vtmarketsmy.com

The Australian Dollar remains steady despite inflation pressures, while the US Dollar faces downward trends from anticipated rate cuts. Market conditions favor AUD/USD as central bank policies diverge, creating trading opportunities. – vtmarketsmy.com

Copper prices have soared past $11,000 per ton amid supply concerns and US tariff uncertainties, despite rising inventories. Traders face a complex market, balancing immediate supply levels with long-term shortages. – vtmarketsmy.com

Platinum prices hit a one-month high of $1,650 due to China’s new futures contracts, enhancing market transparency and demand. Anticipate increased volatility and opportunities in trading as industrial needs rise. – vtmarketsmy.com

Silver prices surged from $50 to over $54 an ounce, driven by low inventories and anticipated US interest rate cuts. This trend suggests strong market support, attracting bullish traders. – vtmarketsmy.com

China’s gold demand plummets as imports hit a seven-month low, amid soaring prices and rising exports to Hong Kong. Market predictions suggest potential price corrections ahead. Traders should prepare accordingly. – vtmarketsmy.com