Live Updates

France’s manufacturing PMI shows slight improvement at 48.8, but the Eurozone faces pressure. The strong US Dollar weakens EUR/USD and GBP/USD, while cryptocurrency prices decline amid rising Treasury yields. – vtmarketsmy.com

Gold is struggling to gain traction due to a strong US Dollar and current resistance levels. Ongoing economic strains and central bank buying may support prices, but volatility is expected. – vtmarketsmy.com

The AUD/USD pair is strengthening ahead of the RBA’s decision to likely maintain interest rates at 3.6%. With inflation rising, market volatility increases, creating trading opportunities. – vtmarketsmy.com

Italy’s manufacturing PMI signals stability, yet Euro struggles against a strong dollar. Gold holds at $4,000 despite risks, while cryptos face pressure. Traders urged to consider protective strategies in volatile markets. – vtmarketsmy.com

In October, Switzerland’s manufacturing showed slight improvement, but global markets remain cautious amid a strong US Dollar and continued pressures on meme coins and cryptocurrency. Gold presents potential income opportunities. – vtmarketsmy.com

The US Dollar strengthens past 0.8050 due to Swiss deflationary pressures, pushing traders to favor bullish strategies on the USD/CHF pair. Market expectations hint at a potential Swiss rate cut soon. – vtmarketsmy.com

USD/CAD shows strong bullish momentum above key levels, targeting 1.4060 and 1.4079. With solid U.S. job data and weak Canadian inflation, traders may consider call options for potential gains. – vtmarketsmy.com

EUR/GBP rose to 0.8775 amid UK budget fears impacting the GBP. The Bank of England’s rate decision this Thursday is critical, with potential tax hikes pressuring the currency further. – vtmarketsmy.com

The Japanese Yen struggles against the strong US Dollar due to Japan’s fiscal strategy and low interest rates. Traders face intervention risks as USD/JPY approaches critical levels, prompting cautious strategies. – vtmarketsmy.com

WTI Oil rose to $61.24 per barrel amid strong dollar pressures. Key influences include OPEC’s decisions and inventory reports, while China’s economic data raises demand concerns, creating volatility for traders. – vtmarketsmy.com