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Austan Goolsbee emphasizes the need for caution in cutting interest rates despite prolonged inflation. With stable economic indicators, he suggests waiting until 2026 to avoid prolonged inflation risks, amidst market volatility. – vtmarketsmy.com

The EUR/GBP exchange rate is stable at 0.8760 as the Eurozone shows steady inflation while the UK faces economic contraction. Traders anticipate a weaker pound, favoring strategies to capitalize on EUR gains. – vtmarketsmy.com

Russia’s foreign trade plummeted from $13.6 billion to $11.1 billion in October, reflecting sanctions’ impact. Analysts warn of ongoing economic pressures, urging traders to brace for potential Ruble weakness and commodity challenges. – vtmarketsmy.com

The EUR/USD has dipped to 1.1720 amidst diverging monetary policies between the Fed and ECB, with the US economy slowing. Traders see opportunities to buy on dips as the Euro may rise. – vtmarketsmy.com

The USD/JPY is stabilizing around 155.98 as traders anticipate a 25bps BOJ rate hike. Key support is at 155.10, while future yen strength relies on US dollar weakness and fiscal discipline. – vtmarketsmy.com

The USD is stabilizing, while global equities soar, led by Fed easing. Analysts anticipate further dollar decline and encourage strategic trading amid labor market concerns and upcoming critical economic reports. – vtmarketsmy.com

The US Dollar faces pressure from rising jobless claims and a weak labor market. Historically, December tends to weaken the dollar further, suggesting traders consider strategies for a potential decline. – vtmarketsmy.com

The Indian Rupee faces challenges, hitting 90.86 against the Dollar amid stalled US-India trade talks. Foreign investors withdraw funds, affecting market sentiment and sparking concerns over continued Rupee weakness. – vtmarketsmy.com

The UK’s economy shows signs of stagflation with a 0.1% growth decline, high inflation, and a rising trade deficit, prompting traders to strategize for market volatility and potential currency declines. – vtmarketsmy.com

Silver prices steady above $64 as a weakened US Dollar supports precious metals. Despite strong industrial demand and potential future gains, caution is advised due to overbought conditions and possible corrections. – vtmarketsmy.com