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The EUR/USD remains steady amid mixed economic signals. With the ECB’s cautious policy and a hawkish US Fed, traders eye key support levels, anticipating potential movements in the currency pair. – vtmarketsmy.com

The Canadian Dollar remains weak amidst cautious markets, with US interest rates pulling away. Technical indicators suggest a potential rise in USD/CAD, targeting new highs above 1.41. – vtmarketsmy.com

The US Dollar is facing challenges as the government shutdown continues, impacting key data releases. Traders are advised to consider protective strategies like puts amidst uncertainty and sluggish momentum. – vtmarketsmy.com

The Swiss Franc weakens against the Euro as safe-haven demand fades. With European inflation nearing target levels, there’s potential for upside in EUR/CHF positions through call options amidst diverging central bank policies. – vtmarketsmy.com

Dallas Fed President Lorie Logan indicates no rate cuts are imminent, citing persistent inflation and a resilient labor market. This hints at sustained tight monetary policy, affecting markets and consumer spending. – vtmarketsmy.com

Kansas City Fed President Jeffrey Schmid opposes rate cuts, citing job stability and persistent inflation. This hawkish stance strengthens the US dollar and signals volatility in currency markets, hinting at a “higher for longer” interest rate reality. – vtmarketsmy.com

The European Central Bank keeps rates at 2%, favoring economic growth, while the US Fed’s hawkish stance strengthens the Dollar. Traders see potential for EUR/USD decline, focusing on key support levels. – vtmarketsmy.com

The British pound hits a four-day low against the strong US dollar at 1.3116, influenced by upcoming potential Bank of England rate cuts and robust US economic data. – vtmarketsmy.com

Canada’s GDP declined by 0.3% in August, signaling economic troubles, while the US Dollar strengthened amid hawkish Fed policies. Traders may consider options on currencies and commodities as market dynamics shift. – vtmarketsmy.com

The ECB’s flexible approach amid market risks hints at ongoing volatility in the Eurozone, while gold sees declines and US Federal Reserve policies create uncertainty for traders. Adapting strategies is essential. – vtmarketsmy.com