Live Updates

The Pound Sterling is heavily oversold against the US Dollar, targeting 1.3300 amid ongoing weakness. Traders should consider strategies like put options to navigate potential declines while managing risks. – vtmarketsmy.com

Interest rates remain stable as UK mortgage approvals rise. The ECB shifts from rate cuts to hikes, while the US dollar stays strong ahead of key economic data. Trade talks continue, with mixed market signals. – vtmarketsmy.com

USDCHF tests the 0.8050 resistance amid looming economic data and FOMC decisions, heightening market volatility. Traders should prepare for significant price swings, with options strategies favoring potential breakout opportunities. – vtmarketsmy.com

Central banks are stabilizing interest rates, but the Fed’s upcoming actions and economic data could spark volatility. Traders should prepare for movement while considering strategies like options and currency pairs. – vtmarketsmy.com

Crude oil prices remain steady around $64-$69 as traders anticipate key US economic data and potential impacts from the Federal Reserve. Options strategies can capitalize on this low-volatility environment while managing risks. – vtmarketsmy.com

UK mortgage approvals and consumer credit soared in June, sparking concerns over persistent inflation. This could lead to higher interest rates, benefiting the pound but challenging UK equities. – vtmarketsmy.com

Deutsche Bank foresees the ECB raising rates, shifting from a prior expectation of cuts. Stubborn inflation and wage growth indicate stability before potential hikes, affecting derivative trading and market volatility. – vtmarketsmy.com

Inflation expectations in the Eurozone have decreased to 2.6%, signaling easing price pressures. This stability suggests the European Central Bank may maintain its current policies, presenting volatility selling opportunities. – vtmarketsmy.com

US and China are negotiating in Stockholm to extend a truce on trade relations before the August 12 deadline. Market volatility looms, and rare earth exports are a major concern. – vtmarketsmy.com

Ethereum is climbing towards the crucial $4,000 mark, with buyers showing strength at support levels. Big tech earnings this week could influence volatility, presenting both opportunities and risks for traders. – vtmarketsmy.com