Live Updates

The New Zealand Dollar faces pressure amid rising tensions with China, affecting its value against major currencies. Investors shift to safer options, with opportunities seen in US Dollar strategies. – vtmarketsmy.com

Qorvo, Inc. faces pressure after a 7.52% decline, risking its crucial $77.88 support level. Traders should watch for potential declines to $71.17 or a reversal that could signal bullish momentum. – vtmarketsmy.com

Wholesale inventories in the US rose 0.2% in October, signaling stable economic conditions. This steady growth supports effective inventory management and may influence future consumer spending and Federal Reserve decisions. – vtmarketsmy.com

Western Digital’s stock dips to $199.88 after significant gains. Traders eye a critical resistance level at $235.55, revealing potential for both bullish and bearish strategies as the market evolves. – vtmarketsmy.com

AMD’s stock fell over 2%, testing a crucial trendline that may signal further declines. Traders should consider entry strategies while emphasizing risk management as earnings season looms. – vtmarketsmy.com

The Japanese Yen is currently experiencing low volatility and consolidation, driven by weak domestic data. Traders should consider strategic options as potential breakout opportunities may arise. – vtmarketsmy.com

Turkey’s treasury cash balance plummeted from a 56.39 billion lira surplus to a 333.15 billion lira deficit in December, raising concerns over fiscal health and potential volatility in the financial market. – vtmarketsmy.com

GBP/USD nearing three-day lows signals increased US dollar strength as markets await crucial nonfarm payroll data. XRP’s decline continues, while emerging market risks rise amid Turkey’s treasury deficit. Caution is advised. – vtmarketsmy.com

The Pound Sterling has dipped 0.1% against the US Dollar as bullish momentum wanes, influenced by narrowing UK-US yield spreads and economic data. Traders should prepare for increasing volatility. – vtmarketsmy.com

The Euro stabilizes against the US Dollar amid mixed economic signals, with surprising German factory orders countering weaker inflation. Caution prevails as traders anticipate potential Euro weakness and market volatility. – vtmarketsmy.com