Live Updates

UK inflation is stubbornly above 2%, impacting interest rates and the Pound. Market volatility presents a chance to buy put options on EUR/GBP, anticipating further Sterling strength amid central bank uncertainty. – vtmarketsmy.com

The Pound Sterling strengthens to 1.3400 after the Bank of England cuts rates to 3.75%, despite rising unemployment and stagnant GDP. Market volatility suggests a cautious trading strategy ahead. – vtmarketsmy.com

The Bank of England cuts its policy rate to 3.75% amid a mixed economic outlook, sparking varied currency reactions. Traders are advised to adopt strategies for potential volatility. – vtmarketsmy.com

Mexico’s retail sales rise 0.4% in October, signaling a strong economy. Meanwhile, gold nears $4,350 amid global uncertainty, and cryptocurrencies hold steady, hinting at market consolidation. – vtmarketsmy.com

US inflation data shows a cooling trend, weakening the dollar. With a greater chance of Federal Reserve rate cuts, gold rises, and the euro strengthens. Market volatility decreases ahead of the holidays. – vtmarketsmy.com

Despite New Zealand’s strong GDP growth of 1.1%, the NZD/USD has dropped to 0.5766 as the RBNZ keeps rates steady at 2.25% until 2026, indicating near-term currency stability. – vtmarketsmy.com

The US Dollar remains stable as the November CPI report looms. Fed Governor Waller hints at potential rate cuts due to high policy rates, despite inflation holding around 3%. Traders should prepare for market volatility. – vtmarketsmy.com

The ECB is likely to keep interest rates steady, boosting confidence in economic growth. With the Bank of England cutting rates, the EUR/GBP is expected to rise towards 0.9000 next year. – vtmarketsmy.com

Eurozone construction output rose 0.5% year-on-year in October, signaling economic resilience amid inflationary pressures. Market volatility is expected as traders navigate shifting rate cut timelines and emerging growth indicators. – vtmarketsmy.com

Eurozone construction output increased by 0.9% in October, signaling a possible economic rebound. However, persistent inflation and sluggish growth complicate future monetary policies, prompting cautious market behaviors. – vtmarketsmy.com