Mary Daly of the Fed highlights stable inflation and productivity concerns. Recent rate cuts support labor markets, but a slowdown in productivity poses risks to high asset valuations, urging caution. – vtmarketsmy.com
The USD/CNH is forecasted to trade between 7.1200 and 7.1300, suggesting low volatility. Traders may benefit from options strategies like iron condors or strangles amid stable monetary policies from the US and China. – vtmarketsmy.com
The Pound Sterling improves against the Dollar at 1.3175, yet faces pressure from expected interest rate cuts. Upcoming UK labor and GDP data will significantly influence market movements and potential trading strategies. – vtmarketsmy.com
The New Zealand Dollar (NZD) is expected to stay between 0.5610 and 0.5645, with possible weakness to 0.5600. Watch for key resistance at 0.5660 to signal a trend change. – vtmarketsmy.com
The US Dollar stabilizes as a government funding bill passes, while the Australian Dollar gains strength amid high inflation. Traders eye AUD/USD strategies for continued upward momentum. – vtmarketsmy.com
GBP is expected to trade between 1.3050 and 1.3220 following recent stability. Traders should adopt range-bound strategies amid low volatility and monitor upcoming economic data for potential shifts. – vtmarketsmy.com
EUR/USD stabilizes at 1.1560 as US government shutdown resolution boosts market sentiment. Diverging Fed and ECB policies create volatility opportunities, with GBP/USD rising and alternative assets like gold and Bitcoin gaining. – vtmarketsmy.com
The Euro (EUR) is expected to trade between 1.1525 and 1.1580 in the short term, reflecting a period of stability amid low volatility. Traders might consider options strategies to profit. – vtmarketsmy.com
Mary Daly of the Fed hints at potential rate cuts due to a softening labor market and persistent inflation. This shift could weaken the US Dollar and impact equity markets positively. – vtmarketsmy.com
China’s inflation rose to 0.2%, contrasting with higher rates in the US. This keeps Chinese goods cheaper and supports a gradual appreciation of the renminbi, affecting USD/CNY exchange rates. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
