Live Updates

The Pound hits two-week highs above 203.30, fueled by a weak Yen and Japan’s looser fiscal policy. Traders eye potential gains despite mixed technical indicators and UK employment data. – vtmarketsmy.com

Oil prices rise above $65 per barrel amid supply concerns influenced by geopolitical tensions and Ukrainian drone strikes. Traders eye refining margins, suggesting strategies focused on gasoline and diesel futures. – vtmarketsmy.com

EUR/GBP stays strong above 0.8800, boosted by Germany’s 2.3% inflation. With a potential Bank of England rate cut looming, traders are anticipating market volatility and might consider strategic options trading. – vtmarketsmy.com

WTI Oil prices dipped to $60.75 as an unexpected inventory increase and a strong U.S. Dollar weighed on the market. Upcoming OPEC+ decisions may offer price support, creating potential trading opportunities. – vtmarketsmy.com

Turkey’s unexpected current account surplus hints at economic improvement, while the UK’s rising unemployment troubles weigh on the Pound. Amidst this, gold approaches a three-week high amid political uncertainty. – vtmarketsmy.com

Germany’s inflation holds steady at 2.3%, easing ECB concerns, while the UK’s unemployment rises, indicating economic challenges. Market volatility looms as the US faces political uncertainty and potential government shutdowns. – vtmarketsmy.com

Germany’s inflation steady at 2.3% suggests economic stability, benefiting Eurozone assets. This predictability invites strategic trading, contrasting with US pressures, presenting opportunities for futures and risk hedges. – vtmarketsmy.com

Despite political uncertainty impacting GDP by 0.5%, France’s economy shows resilience, with unemployment steady at 7.3%. Traders might find opportunities amidst fears, suggesting a stable Euro outlook ahead. – vtmarketsmy.com

The USD/CAD remains steady at 1.4010, influenced by potential US rate cuts and a government shutdown resolution. Traders consider selling USD through put options as economic signals suggest weakening for the dollar. – vtmarketsmy.com

Japan’s Finance Minister warns about rapid currency market moves, highlighting concerns over the weak yen’s impact on inflation. Traders should prepare for potential intervention risks and consider hedging their USD/JPY positions. – vtmarketsmy.com