The CAD is pressured by declining crude oil prices and expected weak GDP growth. As the USD benefits from strong consumer confidence, traders should brace for potential volatility in USD/CAD ahead. – vtmarketsmy.com
Consumer sentiment surged 12.3 points to 98.0, amid decreased recession fears, while the Dow Jones climbed 750 points, driven by tariff delays. Traders should remain cautious amidst market volatility. – vtmarketsmy.com
The NASDAQ100 has surged over 25% since April, currently hovering around $21,378. Predictions suggest a potential rise to $22,000. Meanwhile, watch for global trends affecting currencies, gold, and Bitcoin. – vtmarketsmy.com
The Australian Dollar struggles against the strong US Dollar, influenced by contrasting economic policies. With upcoming inflation data and Fed meeting insights, market volatility lies ahead for traders. – vtmarketsmy.com
The British Pound slips against the US Dollar from a three-year high, stabilizing around 1.3510 as optimism for a US-EU trade deal grows. Key support levels indicate potential for recovery. – vtmarketsmy.com
US 2-Year Notes auction yield rises to 3.955% as New Zealand cuts rates, boosting NZD/USD. Meanwhile, gold surges to $3,300 amid geopolitical tensions, and XRP consolidates around $2.33. – vtmarketsmy.com
The New Zealand Dollar is struggling against the US Dollar after failing to breach the 0.6000 level, influenced by US consumer confidence and anticipated interest rate changes from New Zealand’s central bank. – vtmarketsmy.com
The British Pound remains strong despite recent fluctuations, influenced by inflation pressures and central bank policies. Market participants anticipate no rate cuts from the BoE, shaping trading strategies around upcoming data releases. – vtmarketsmy.com
Pound Sterling dipped to 1.3540 against the US Dollar amid a mixed economic outlook. While optimism for a US-EU trade deal bolsters the Dollar, UK economic strength suggests resilience in Sterling. – vtmarketsmy.com
The Indian Rupee is sliding to 85.37 against the US Dollar, influenced by rising oil prices and domestic equity challenges. Traders eye key resistance levels amid uncertain central bank policies. – vtmarketsmy.com
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