The Australian Dollar is at 0.6530, facing caution ahead of a critical US House vote on the prolonged government shutdown, affecting market volatility and future currency movements. – vtmarketsmy.com
The Pound Sterling is struggling amid a weakening UK labor market, prompting expectations of a Bank of England rate cut. Traders see potential in directional strategies for GBP/USD as volatility rises. – vtmarketsmy.com
The Euro is strengthening against the Pound, trading near 0.8840 due to weak UK labor data. If it surpasses 0.8830, further gains to 0.8900 are likely, despite potential risks. – vtmarketsmy.com
CoreWeave shares fell over 10% after posting solid earnings, but weak guidance caused concerns about energy shortages impacting chip production. Investors eye key trading levels amid increasing market volatility. – vtmarketsmy.com
The VanEck Gold Miners ETF (GDX) is soaring with a 94% annual gain, aiming for $82 soon. Explore strategies to capitalize on market trends and key ETFs with strong technical momentum. – vtmarketsmy.com
The US Senate passed a funding bill, boosting market confidence. Meanwhile, UK unemployment at 5% raises expectations for Bank of England rate cuts, impacting GBP’s potential strength against the dollar. – vtmarketsmy.com
Oil prices are rising as the US government shutdown nears resolution, boosting demand expectations. Despite high supply levels, traders are eyeing potential volatility and strategic opportunities in the coming weeks. – vtmarketsmy.com
Gold prices dipped slightly to around $4,107, facing resistance at $4,150 due to a temporary U.S. government funding deal. However, geopolitical risks and Fed expectations sustain demand. Strategy shifts may arise as traders eye potential opportunities. – vtmarketsmy.com
The Canadian Dollar strengthens as US labor data weakens, lowering USD/CAD to around 1.4008. Markets expect a 70% chance of Federal Reserve rate cuts, impacting trading strategies. – vtmarketsmy.com
The S&P 500 ETF (SPY) signals a potential upward trend after completing a technical correction. With strong support and improved market conditions, traders can anticipate gains targeting $696-$707 as uncertainty eases. – vtmarketsmy.com
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