Live Updates

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

In November, India’s Russian oil imports surged to a five-month high of 1.86 million barrels per day, but are expected to drop drastically in December. Market volatility rises amid potential geopolitical shifts. – vtmarketsmy.com

Gold and silver prices are climbing due to expected interest rate cuts and reduced silver inventories in China. With silver nearing its record peak, now may be the time to invest! – vtmarketsmy.com

The Canadian Dollar shows resilience amidst expectation of US interest rate cuts, maintaining strength against other G10 currencies. Watch the 50-day moving average for key trading signals in the USD/CAD pair. – vtmarketsmy.com

Analysts predict the Pound Sterling could rise to 1.3300, despite underlying economic challenges. Traders should approach cautiously, considering both short-term gains and potential downturns in GBP’s performance. – vtmarketsmy.com