Live Updates

The GBP/USD fell for three days, dropping below 1.3200 amid a strong US Dollar influenced by Federal Reserve policies and US-China trade tensions. Caution prevails, with potential for further declines in the pair. – vtmarketsmy.com

The SMH semiconductor ETF has doubled since April, reaching all-time highs, but technical indicators suggest a potential pullback. Traders should use caution and employ risk management strategies. – vtmarketsmy.com

US 4-week T-bill yields dipped to 3.91%, reflecting market demand for safety. Gold nears $4,000 as volatility lingers, while currencies like EUR/USD and GBP/USD weaken amid uneven central bank policies. – vtmarketsmy.com

The Australian Dollar dips to 0.6550 as a stronger US Dollar emerges post-US-China trade truce and hawkish Fed comments, prompting bearish sentiment for AUD traders amid economic uncertainties. – vtmarketsmy.com

GBP/USD is on a downward trend for the third day, affected by the Fed’s recent rate cuts and uncertainty in the UK. Traders should prepare for a potential drop toward 1.3000. – vtmarketsmy.com

Silver is facing a tightening phase and potential liquidations as ETF holders react to prices failing to hit $50 per ounce. Increased inventories and bearish sentiment suggest ongoing price pressure ahead. – vtmarketsmy.com

Silver is bouncing back around $48.70 after a 16% drop, influenced by technical buying and industrial demand, but limited by interest rate cuts. Watch for resistance at $49.00 for bullish moves. – vtmarketsmy.com

ECB President Christine Lagarde confirmed steady interest rates, citing economic uncertainty and contrasting consumer and manufacturing performance. As the Euro weakens, traders may benefit from strategies capitalizing on market volatility. – vtmarketsmy.com

Natural gas storage hit 74 Bcf, surpassing expectations, indicating a surplus supply. With a strong USD and stable markets, traders may consider bearish strategies as winter weather impacts pricing volatility. – vtmarketsmy.com

Christine Lagarde announced the ECB’s intent to keep interest rates high due to persistent inflation concerns, impacting markets and suggesting cautious trading strategies, especially in the Euro and gold assets. – vtmarketsmy.com