Live Updates

The Japanese Yen falters against the US Dollar amid Bank of Japan caution and intervention fears, while the robust US labor market supports the Dollar. Traders are advised to hedge against potential volatility. – vtmarketsmy.com

WTI Oil prices dipped to $59.78 per barrel, influenced by global economic concerns and a stronger US Dollar. Upcoming inventory data could determine whether this bearish trend continues. – vtmarketsmy.com

UK unemployment rose to 5.0%, surpassing expectations. With wage growth persisting and potential interest rate cuts looming, the GBP/USD faces volatility. Traders should prepare for significant market shifts soon. – vtmarketsmy.com

The Energy Sector SPDR (XLE) nears a $90 resistance, while Consumer Staples and Utilities show limited upward momentum. Meanwhile, Global X Uranium and Ethereum face significant volatility. Trading strategies recommended. – vtmarketsmy.com

The USD/CAD pair is strengthening at 1.4035 as the US Senate approves a funding bill, boosting the US Dollar. Canada’s job growth and high oil prices support the Canadian Dollar’s resilience. – vtmarketsmy.com

WTI oil prices are hovering around $59.75 amidst oversupply concerns from OPEC+’s output increase. Market indecision signals potential downside, with bearish strategies advised if prices breach critical support levels. – vtmarketsmy.com

The UK’s labour market report reveals a predicted rise in Claimant Count Change, amid a strengthening USD due to potential US government shutdown resolution. GBP/USD faces pressures as UK growth softens. – vtmarketsmy.com

Dutch inflation dipped to 3.1%, signaling a shift in the European Central Bank’s rate policy. This opens opportunities for profits in European equities and currency trades anticipating a weaker Euro. – vtmarketsmy.com

AUD/JPY is hovering near 100.60 amid intervention fears from Japan, while technical indicators suggest potential for upside. Traders should consider strategies to manage risks in this volatile environment. – vtmarketsmy.com

The USD/CHF pair dips to 0.8045 as the Swiss Franc strengthens amid expectations of a US-Swiss trade deal. A tariff reduction could boost Swiss exports and impact currency dynamics. – vtmarketsmy.com