Live Updates

The EUR/USD is climbing due to a weakening US Dollar and cautious Fed outlook. With key economic reports ahead, strategizing around options could capitalize on a potential rally towards 1.2000. – vtmarketsmy.com

The Federal Reserve’s neutral monetary policy status hints at stable interest rates, impacting the US Dollar’s strength. This guides traders towards strategies favoring non-yielding assets like gold and soft currencies. – vtmarketsmy.com

Canadian home sales remained relatively stable in November, with slight regional variations. Despite ongoing optimism due to job market strength, risks persist amidst trade uncertainties and potential inflation impacts. – vtmarketsmy.com

GBP/USD hovers near 1.3400 as traders anticipate a 25-bps rate cut by the Bank of England amid weak UK GDP and inflation data. The market braces for significant volatility. – vtmarketsmy.com

Colombia’s retail sales hit only 10% in October, spurring concerns about economic growth. With inflation stubbornly high, speculation grows for interest rate cuts, impacting the peso and equities. – vtmarketsmy.com

U.S. builder confidence shows signs of improvement, with December’s housing market index rising to 39. Despite challenges, cautious optimism suggests potential bullish positions in homebuilder stocks and suppliers. – vtmarketsmy.com

Stephen Miran from the Federal Reserve highlighted a potential drop in shelter inflation, advocating for quicker interest rate cuts. He warned that persistent high shelter costs could disrupt this dovish outlook. – vtmarketsmy.com

Gold holds strong around $4,330, driven by geopolitical tensions and Fed policy uncertainty. As traders eye a potential breakout above $4,350, central bank demand and upcoming economic reports add to gold’s allure. – vtmarketsmy.com

The Canadian Dollar weakened after disappointing inflation data, affecting USD/CAD. With upcoming US economic reports, traders should consider strategies like buying call options to capitalize on potential USD gains. – vtmarketsmy.com

The Japanese Yen has gained 0.5% against the Dollar, reaching 155. Market attention is on the Bank of Japan’s expected rate hike, sparking trader interest in protective put options. – vtmarketsmy.com