UK GDP contraction raises Bank of England rate cut chances to 78%, causing GBP/USD to fall. Meanwhile, US tariffs on Canadian goods boost the dollar, increasing risk aversion in markets. – vtmarketsmy.com
Trump reaffirmed Powell’s position, easing market volatility as the Canadian dollar dipped 0.3% amid tariff adjustments. Global trade conversations, including Brazil’s, remain cautious, signaling steady, but sensitive, economic conditions. – vtmarketsmy.com
The Federal Reserve’s concerns over tariffs and inflation hint at potential interest rate cuts, while political tensions impact market stability. Gold prices rise amid uncertainty, attracting safe-haven investments. – vtmarketsmy.com
USDCAD fluctuated due to tariff news and strong Canadian jobs data. After an initial rise, it fell, then bounced back. Key levels are 1.3700 and 1.37208 for future direction. – vtmarketsmy.com
EUR/JPY is on the rise, trading near a yearly high of 172.40 as the Euro gains against the weakening Yen. Key support levels suggest further upward movement is likely, driven by central bank policy divergence. – vtmarketsmy.com
Jamie Dimon warns that the market may underestimate the risk of rising US interest rates, estimating a 40-50% chance for increases, amid inflation concerns tied to tariffs and deficits. – vtmarketsmy.com
USD/JPY rises past 147.00 amid US-Japan yield gaps and looming tariffs on Japanese imports. With bullish momentum, it nears 148.00—watch for potential continued upward movement in the currency pair. – vtmarketsmy.com
The USDCHF struggles to rise above 0.8000, facing resistance since June. With key moving averages at risk, further declines could target 0.7919 unless buyers reclaim momentum above 0.7994. – vtmarketsmy.com
Trump’s 50% copper tariffs sparked market turmoil, driving US prices up while LME prices fell. Domestic supply must adapt quickly, but volatility and strategic trades are crucial for navigating uncertainties. – vtmarketsmy.com
The GBPUSD is struggling, influenced by weak UK data and a strong US dollar. With resistance at 1.3514-1.3529 and a key drop below 1.3480 threatening further declines, remain vigilant. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
