Live Updates

The Energy Sector SPDR (XLE) nears a $90 resistance, while Consumer Staples and Utilities show limited upward momentum. Meanwhile, Global X Uranium and Ethereum face significant volatility. Trading strategies recommended. – vtmarketsmy.com

The USD/CAD pair is strengthening at 1.4035 as the US Senate approves a funding bill, boosting the US Dollar. Canada’s job growth and high oil prices support the Canadian Dollar’s resilience. – vtmarketsmy.com

WTI oil prices are hovering around $59.75 amidst oversupply concerns from OPEC+’s output increase. Market indecision signals potential downside, with bearish strategies advised if prices breach critical support levels. – vtmarketsmy.com

The UK’s labour market report reveals a predicted rise in Claimant Count Change, amid a strengthening USD due to potential US government shutdown resolution. GBP/USD faces pressures as UK growth softens. – vtmarketsmy.com

Dutch inflation dipped to 3.1%, signaling a shift in the European Central Bank’s rate policy. This opens opportunities for profits in European equities and currency trades anticipating a weaker Euro. – vtmarketsmy.com

AUD/JPY is hovering near 100.60 amid intervention fears from Japan, while technical indicators suggest potential for upside. Traders should consider strategies to manage risks in this volatile environment. – vtmarketsmy.com

The USD/CHF pair dips to 0.8045 as the Swiss Franc strengthens amid expectations of a US-Swiss trade deal. A tariff reduction could boost Swiss exports and impact currency dynamics. – vtmarketsmy.com

GBP/JPY hovers near a two-week high as UK employment data sparks caution. Rising unemployment may prompt BoE rate cuts, limiting GBP strength while ongoing BoJ uncertainty keeps Yen weak. – vtmarketsmy.com

The US Dollar faces bearish sentiment amid expectations of a Fed rate cut by December, driven by weak consumer confidence. Traders may profit from strategies favoring currency pairs like EUR/USD and AUD/USD. – vtmarketsmy.com

The Euro, used by 20 countries, is the second most traded currency, influenced by economic indicators. Strategies like EUR/JPY options can protect against risks while capitalizing on its upward momentum. – vtmarketsmy.com