AUD/JPY is struggling near the critical 100.00 level after retreating from 101.80, influenced by cautious Australian rate policies and yen support. Traders anticipate volatility as economic tensions escalate. – vtmarketsmy.com
The EUR/JPY pair hovers around 179.70, testing 180.00 resistance. With the Japanese Yen under pressure, volatility looms; traders should prepare for potential breakouts or reversals in this critical market phase. – vtmarketsmy.com
Silver prices are struggling around $49.50 due to reduced chances of a Fed rate cut and internal debates. However, strong industrial demand and supply issues may provide a price floor. – vtmarketsmy.com
GBP/USD is stable at 1.3166 as markets brace for US jobs data amid UK fiscal concerns. Expect a bearish trend for the pound with a possible rate cut from the Bank of England. – vtmarketsmy.com
GBP/USD hovers at 1.3150 as UK Chancellor scrambles fiscal plans, raising concerns. Economic pressures suggest a Bank of England rate cut in December, intensifying bearish sentiment on the Pound. – vtmarketsmy.com
The US Dollar Index steadies at 99.55 as traders await the critical Nonfarm Payrolls report due this Thursday. A weak report could trigger a dollar drop and increased rate cut chances. – vtmarketsmy.com
The Japanese Yen has slightly rebounded against the US Dollar, influenced by government concerns over fiscal stability and potential intervention. Traders are advised to use options to manage risks effectively. – vtmarketsmy.com
META is nearing a critical support stage as it completes a bearish wave. Investors should watch for a final dip, then pivot to bullish strategies for a potential rebound. – vtmarketsmy.com
The Australian Dollar struggles against the US Dollar amid cautious Reserve Bank signals. Job growth boosts prospects, yet mixed economic data from China and the US creates uncertainty in market direction ahead of key payrolls reports. – vtmarketsmy.com
WTI oil prices dipped to $59.60 per barrel due to oversupply concerns, with predictions of surplus extending to 2026. US sanctions on Russian companies may cause short-term price volatility amid geopolitical tensions. – vtmarketsmy.com
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