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India’s forex reserves dipped, while the USD strengthened against the EUR and GBP amid geopolitical tensions. Gold and crypto markets declined sharply, signaling increased volatility and caution among traders. – vtmarketsmy.com

The NZD/USD exchange rate struggles above 0.5700 amid US-China trade tensions and mixed economic signals. With volatility rising, traders should consider options strategies for potential downturns. – vtmarketsmy.com

ECB policymaker Gediminas Šimkus warns of rising inflation and growth risks, suggesting potential Euro weakness. Traders might consider strategies like buying put options to capitalize on a declining Euro amidst economic uncertainty. – vtmarketsmy.com

The USD/CNH pair may test the 7.1130 support level as downward momentum increases. A break below could lead to further declines, making it a potential trading opportunity for derivative traders. – vtmarketsmy.com

The US Dollar faces potential declines against the Japanese Yen, with forecasts suggesting a drop below 149.50. Economic data strengthens bearish sentiment, prompting traders to consider protective strategies. – vtmarketsmy.com

Chile’s largest copper producer is raising its premium to $325/ton for European buyers due to significant supply shortages from the El Teniente mine disruptions, impacting global copper prices and market trends. – vtmarketsmy.com

The New Zealand Dollar (NZD) is expected to trade between 0.5685 and 0.5770, with analysts suggesting a neutral outlook. Recent movements indicate potential for range-bound strategies amid low volatility. – vtmarketsmy.com

Chinese smelters are increasing copper exports due to high global prices, causing a drop in copper and zinc prices. Traders should consider short positions on copper while potentially favoring zinc. – vtmarketsmy.com

Gold, after a pullback from its all-time high, remains strong amid risk aversion and a weak US Dollar. Traders are advised to strategically use options to manage exposure in this volatile market. – vtmarketsmy.com

The Australian Dollar (AUD) is set for further declines, with key support levels at 0.6440 and resistance at 0.6530. Strategies include selling call options to capitalize on limited upward momentum. – vtmarketsmy.com