Live Updates

The US Dollar Index has fallen to a four-month low of 97.00, driven by US foreign policy concerns and rising national debt. Traders may want to consider options strategies against the dollar. – vtmarketsmy.com

The Australian Dollar dipped after hitting a 15-month peak, influenced by strong local economic data and US Dollar demand. Traders should consider protective options as volatility increases. – vtmarketsmy.com

The Bank of Japan’s recent interest rate hike aims to combat rising inflation caused by global factors. This move, alongside the yen’s volatility, raises concerns about possible market interventions, impacting trading strategies significantly. – vtmarketsmy.com

Silver prices soared to $109.46 and now consolidate near $92. With strong momentum indicators and a widening Gold/Silver ratio, traders may see buying opportunities as the market shifts. – vtmarketsmy.com

The NZD/USD rose 0.3% as the US Dollar weakened ahead of the Fed’s policy meeting. With expectations of a New Zealand rate hike, opportunities for trading NZD strength are emerging. – vtmarketsmy.com

The Japanese Yen strengthens against a declining US Dollar, driven by Japan’s intervention warnings and shifting central bank policies. Traders should consider options for managing risks amid anticipated market volatility. – vtmarketsmy.com

WTI crude oil is trading at $61.00 amid oversupply concerns and rising US inventories. Upcoming API and EIA reports could influence market direction, presenting trading opportunities amid geopolitical tensions. – vtmarketsmy.com

The USD/CAD dip to 1.3685 highlights a resilient Canadian dollar, boosted by strong retail sales and rising oil prices, despite looming political threats from US tariffs. Caution is advised. – vtmarketsmy.com

The People’s Bank of China strengthens the Yuan, setting the USD/CNY at 6.9843. This shift, fueled by strong GDP growth, hints at further appreciation, impacting global trading strategies. – vtmarketsmy.com

Eurozone economic data shows a declining services sector, with Germany’s mixed results impacting the Euro. Rising volatility in EUR/USD signals market anxiety as traders eye upcoming key economic indicators. – vtmarketsmy.com