Live Updates

USD is fluctuating as the Federal Reserve debates a potential rate cut, while European currencies react to mixed GDP data. Strong earnings reports add market volatility, prompting cautious investment strategies. – vtmarketsmy.com

Mexico’s GDP grew 0.7%, exceeding expectations, while the strong US dollar pressure affects currency markets, prompting strategies for traders to capitalize on opportunities in both currencies and commodities. – vtmarketsmy.com

Gold is in a corrective recovery against the US Dollar, facing resistance at $3,345 and $3,360, while bearish momentum suggests a potential drop to $3,245 amid strong GDP forecasts and Fed expectations. – vtmarketsmy.com

In July, the US added 104,000 jobs, exceeding expectations, signaling a strong labor market. Wage growth for job changers reached 7.0%, hinting at potential inflation concerns ahead. – vtmarketsmy.com

European markets remain cautious ahead of key events, with mixed GDP results from the Eurozone. US futures await tech earnings, while traders brace for potential volatility amid the looming US-China trade deadline. – vtmarketsmy.com

Despite positive Eurozone data, the Euro struggles around 1.1550, indicating underlying weakness. With bearish technical signals and conflicting fundamentals, traders may consider options strategies to profit from low volatility. – vtmarketsmy.com

The Pound Sterling hovers around 1.3350 as traders await the Fed’s policy announcement. With expected rate cuts from the BoE, a downward trend for GBP/USD may be imminent. – vtmarketsmy.com

Trump insists the August 1 deadline is firm, raising market anxiety. While temporary trade agreements with the EU and Japan provide relief, concerns about stability linger, fueling volatility in markets. – vtmarketsmy.com

The Federal Reserve is expected to keep interest rates steady today amidst internal divisions and inflation concerns. Traders are eyeing Fed Chair Powell’s statements for insights on future rate cuts. – vtmarketsmy.com

Microsoft and Meta’s Q2 earnings focus on AI, with expectations high for revenue growth. Traders anticipate market reactions based on future AI strategies, while concerns over capital expenditure could impact Meta significantly. – vtmarketsmy.com