Eurozone unemployment rose to 6.3%, reflecting economic struggles, while the USD weakens amid a government shutdown, boosting safe haven assets like gold. Traders eye opportunities in EUR/USD and GBP/USD pairs. – vtmarketsmy.com
Greece’s unemployment rose to 8.1%, hinting at economic woes, while a US dollar decline boosts gold prices near $3,900 and supports cryptocurrencies like Litecoin and Dogecoin. Stay informed! – vtmarketsmy.com
The Pound Sterling (GBP) is expected to trade within 1.3455 to 1.3525, reflecting limited momentum and low volatility. Traders should consider strategies like iron condors to profit from this stability. – vtmarketsmy.com
Eurozone inflation holds steady at 2.2%, supporting the ECB’s cautious stance. Market volatility is low, but potential US political gridlock could boost the euro against the dollar. Will it break 1.1800? – vtmarketsmy.com
USD/JPY is stabilizing at 147.10, facing resistance at 147.80 and 148.30. Analysts anticipate potential declines as Japan’s LDP leadership vote could reduce uncertainty, paving the way for BoJ rate hikes. – vtmarketsmy.com
The Euro is expected to trade between 1.1675 and 1.1790, remaining stable amid US dollar weakness and modest inflation. Strategies like selling options could help capitalize on expected low volatility. – vtmarketsmy.com
The Euro remains stable at 1.1752 amid balanced inflation risks and a steady ECB rate. However, upcoming political events could create volatility. Trading should focus on dips and options strategies. – vtmarketsmy.com
WTI Oil hovers near $61.80, with concerns over oversupply and a US government shutdown impacting demand. OPEC+ may increase supply, hinting at further price declines. A bearish outlook prevails. – vtmarketsmy.com
The NZD/USD pair is experiencing short-term gains, trading around 0.5840, but broader bearish sentiment remains. Key levels to watch are 0.5891 resistance and 0.5824 support for strategic trading. – vtmarketsmy.com
Gold is stabilizing near record highs amid mixed signals, with support at $3,820. A dovish Federal Reserve and geopolitical tensions may drive prices higher. Consider strategic options trading to capitalize. – vtmarketsmy.com
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