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The dollar dipped as market caution lingered amid geopolitical tensions, while European stocks fluctuated. Inflation figures met expectations. Traders brace for key US jobless data and central bank decisions amidst uncertainty. – vtmarketsmy.com

Mario Centeno warns that without economic growth, inflation won’t hit the ECB’s 2% target, raising concerns for the Euro. Traders should stay alert to potential shifts in ECB policy and Euro stability. – vtmarketsmy.com

The UK and US are nearing a 10% automotive tariff deal, easing trade tensions. However, unresolved steel and aluminum tariffs remain a concern, keeping market volatility in play. – vtmarketsmy.com

The Euro rose 0.2% against the Dollar, bolstered by stable inflation data. With focus shifting to future rate changes, traders should watch key resistance levels and market dynamics closely. – vtmarketsmy.com

Mortgage applications in the U.S. dropped 2.6% despite a slight decrease in rates, indicating borrower hesitancy and economic uncertainty. This trend suggests a complex relationship between rates and consumer demand for loans. – vtmarketsmy.com

The Canadian Dollar holds steady despite a recovering USD, which appears overvalued. With interest rates likely unchanged, market watchers await geopolitical and inflation impacts while navigating risks of currency trading volatility. – vtmarketsmy.com

Gold remains the most favored investment amidst stagflation fears, with shifts towards inflation risks and credit strain challenging traders. Caution is advised for dollar short positions despite its stable performance. – vtmarketsmy.com

GBP/USD rebounds after a low of 1.3415, driven by weak UK inflation and a softer US dollar. Central banks maintain rates, but cautious market sentiment may lead to volatility ahead. – vtmarketsmy.com

The ECB plans to adapt its monetary policy flexibly at each meeting, responding to evolving macroeconomic risks and geopolitical tensions, emphasizing data dependency and market volatility in interest rate decisions. – vtmarketsmy.com

The Federal Reserve is likely to maintain interest rates at 4.25-4.50%, despite inflation concerns. Market focus shifts to future rate cut forecasts, impacting the dollar and treasury yields. – vtmarketsmy.com