Live Updates

Silver prices dropped over 1% after reaching an all-time high, prompting healthy profit-taking. Despite this dip, bullish signals suggest potential buying opportunities, supported by strong demand and favorable market conditions. – vtmarketsmy.com

Gold prices dipped due to profit-taking and a stronger US Dollar, yet geopolitical tensions and potential Fed rate cuts may support future gains. Watch for upcoming US CPI data impacting market direction. – vtmarketsmy.com

China’s central bank has set the USD/CNY rate at 7.0583, signaling a strategic move toward a weaker yuan to stimulate exports amid soft economic data. Monitor this shifting currency landscape closely! – vtmarketsmy.com

The US Dollar falters while anticipation builds for the UK’s Bank of England interest rate cut. Investors brace for potential volatility in GBP/USD as economic data unfolds. – vtmarketsmy.com

Despite New Zealand’s robust GDP growth of 1.1%, the NZD/USD pair remains weak at 0.5770, influenced by market focus on upcoming US inflation data and central bank rate expectations. – vtmarketsmy.com

Australian consumer inflation expectations rose to 4.7%, impacting RBA policies and increasing concerns about economic stability. This scenario could strengthen the Australian dollar and lead to market volatility. – vtmarketsmy.com

Foreign investment in Japanese stocks surged to ¥528.3 billion, reflecting increased confidence in Japan’s economic recovery and potential corporate earnings growth. This bullish trend offers traders promising opportunities in major indices and sectors. – vtmarketsmy.com

The USD/JPY pair rises to around 155.60 as the US Dollar gains strength ahead of crucial inflation data and a potential Bank of Japan rate hike, signaling possible market volatility ahead. – vtmarketsmy.com

New Zealand’s GDP grew by 1.1% in Q3, exceeding expectations, yet the NZ Dollar fell due to market focus on the Reserve Bank’s rate pause. Strategies favor bearish positions, especially on gold. – vtmarketsmy.com

EUR/USD remains steady around 1.1750 as mixed economic signals surface. With low volatility and key data releases approaching, traders anticipate potential shifts influenced by US CPI and ECB policies. – vtmarketsmy.com