Live Updates

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

The US Dollar hovers around 98.55 as inflation concerns impact rate cut expectations. With upcoming CPI data, traders eye potential breakouts while major assets like gold and Bitcoin face pressure. – vtmarketsmy.com

EUR/USD is testing key resistance at 1.1800, with potential for a breakout depending on upcoming US CPI data. Traders should consider options strategies for volatility as market dynamics shift. – vtmarketsmy.com