The Pound Sterling is weakening due to rising unemployment in the UK, now at 5.0%. Analysts suggest GBP/USD will range between 1.3065 to 1.3230, cautioning traders of potential risks. – vtmarketsmy.com
The USD/CHF pair is down as optimism rises for a US-Switzerland trade deal, possibly lowering Swiss import tariffs. This could strengthen the Swiss Franc while the US Dollar remains stable. – vtmarketsmy.com
The Euro is stable around 1.1570 despite disappointing German economic data. Market focus shifts to US employment reports, signaling potential volatility that traders should prepare for amid government funding discussions. – vtmarketsmy.com
Gold is rising for the third day, testing $4,150 resistance amid a weaker US Dollar. Traders should watch for key technical signals, as a breakout could lead to significant gains. – vtmarketsmy.com
Mexico’s industrial output is recovering but still in decline, while UK unemployment rises to 5%. Meanwhile, gold thrives above $4,100, and Bitcoin hovers over $105,000, indicating fluctuating markets. – vtmarketsmy.com
Brazil’s inflation surprised with a lower-than-expected rise of 0.09%, while a weak US labor market suggests an impending Fed policy shift. Traders should capitalize on potential market volatility ahead. – vtmarketsmy.com
The Pound Sterling plummeted against major currencies due to falling UK employment and rising unemployment at 5%. Investors now anticipate a Bank of England interest rate cut amid weakening economic conditions. – vtmarketsmy.com
Canada’s strong labour market keeps the Bank of Canada’s policy rate at 2.25%, boosting the loonie. Meanwhile, the USD fluctuates amid US employment data, presenting potential trading opportunities. – vtmarketsmy.com
The USD/JPY rises near 154.40, fueled by yen weakness and speculation of no December rate hikes by Japan. Attention turns to upcoming US economic data that could shift trends. – vtmarketsmy.com
The Euro holds strong against the British Pound due to UK’s poor employment data, raising expectations for a Bank of England interest rate cut. Traders eye a potential rise toward 0.9000. – vtmarketsmy.com
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