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Canada’s core CPI rose to 2.9%, complicating the Bank of Canada’s inflation goals. Meanwhile, Bitcoin shows recovery signs, and the CAD outlook strengthens amid contrasting US and Canadian monetary policies. – vtmarketsmy.com

Canadian investments in foreign securities surged to $22.12 billion, signaling decreased domestic confidence. Meanwhile, the strong US dollar pressures currency pairs, suggesting favorable trades for USD/CAD as markets react to US economic data. – vtmarketsmy.com

Canada’s CPI rose 2.2% in October, influencing economic policies and currencies. Strengthening US Dollar pressures EUR/USD and GBP/USD, while gold stays under $4,100. Cryptocurrencies show cautious recovery. – vtmarketsmy.com

The NY Empire State Manufacturing Index hit 18.7, boosting the US Dollar and altering Fed rate cut expectations. While gold remains stable, cryptocurrencies show mixed trends amid cautious market sentiment. – vtmarketsmy.com

Pound Sterling is expected to trade between 1.3120 and 1.3200, influenced by UK financial concerns and potential Bank of England interest rate cuts. Traders should remain vigilant for key economic data. – vtmarketsmy.com

The USD/CAD pair is trading tightly between 1.4000 and 1.4050 as traders await Canadian CPI data, which could signal inflation trends and influence future monetary policies for both currencies. – vtmarketsmy.com

The USD/CHF pair is stable at 0.7950 amid reduced odds for a Fed rate cut, while the Swiss National Bank holds firm. Upcoming US jobs data could spark market volatility. – vtmarketsmy.com

The Euro continues to weaken below 1.1600 amid diminished Fed easing expectations and rising geopolitical tensions. Upcoming US data may intensify this trend, prompting strategic options trading for further downside. – vtmarketsmy.com

The US Dollar is stuck between 7.0900 and 7.1070, with a negative long-term outlook as traders eye a potential dip to 7.0885. Watch for shifts in Fed policy and Chinese data. – vtmarketsmy.com

The USD/JPY pair is near 155.00 after Japan’s GDP fell less than expected. Traders may underestimate a potential Bank of Japan rate hike, presenting opportunities for profit with options trading. – vtmarketsmy.com