Gold prices in India have surged to 12,650.78 INR per gram, driven by weakening economic indicators and central bank demand. Traders are encouraged to explore bullish positions as a strategic move. – vtmarketsmy.com
The NZD/USD pair climbs past 0.5750 amid a weakening US Dollar and anticipation of a new Fed chair. Positioning for potential NZD strength may yield profits as market volatility increases. – vtmarketsmy.com
Gold prices in Malaysia surged to MYR 570.47 per gram as demand rises amid geopolitical tensions and potential interest rate cuts, making gold a sought-after safe-haven investment. – vtmarketsmy.com
The US Dollar Index is declining due to concerns over Fed independence and anticipated rate cuts. Key employment data next week will likely influence its trajectory—traders should prepare for volatility. – vtmarketsmy.com
USD/CAD hovers around 1.3710 due to weakening US Dollar and higher oil prices. Anticipate continued decline as Fed hints at rate cuts, while the Canadian economy remains stable. – vtmarketsmy.com
WTI oil stabilizes near $57.50 ahead of the OPEC+ meeting, with potential supply disruptions from geopolitical tensions and US sanctions on Venezuelan oil complicating the market. Traders are eyeing options for profit. – vtmarketsmy.com
Silver prices surged to around $72.90, fueled by expected US interest rate cuts and strong industrial demand. However, profit-taking and margin increases may limit its short-term growth. – vtmarketsmy.com
The AUD/USD pair rises to 0.6690, driven by RBA rate hike expectations and strong inflation prospects, while the US Dollar faces pressure from upcoming rate cuts, creating a dynamic trading opportunity. – vtmarketsmy.com
GBP/USD is rising as markets predict US rate cuts, weakening the dollar. The UK’s steady rate approach boosts the pound, with traders eyeing options for potential further gains. – vtmarketsmy.com
EUR/USD is climbing, currently around 1.1760, fueled by ECB’s steady rates amid a potential Fed cut by 2026. Traders should consider strategies for Euro strength amidst economic signals from Germany. – vtmarketsmy.com
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