Live Updates

Donald Trump may nominate a new Federal Reserve Chair, causing market uncertainty amid interest rate discussions. Predictions favor Rick Rieder, with implications for the U.S. dollar and stock volatility. – vtmarketsmy.com

The Bank of Canada plans to keep the overnight rate at 2.25%, adopting a cautious tone amid economic slowdowns. Traders should prepare for stable rates and potential currency strategies as data unfolds. – vtmarketsmy.com

The Euro stabilizes at 1.1980 amid Fed policy anticipation, with a potential interest rate cut looming. Market uncertainty drives careful strategies as economic indicators challenge the US Dollar’s strength. – vtmarketsmy.com

The USD faces challenges amid political pressure on the Fed and fiscal policies. Expect volatility and fluctuating trading ranges, as hedging increases while market positioning shifts cautiously. Options strategies may thrive. – vtmarketsmy.com

Gold prices have dipped to $5,250 from a record high of $5,311 ahead of the Federal Reserve’s policy decision. Traders are advised to be cautious while exploring strategic options for potential gains. – vtmarketsmy.com

Mortgage applications plummeted to -8.5% due to rising rates and economic uncertainty. With the Fed’s meeting approaching, market volatility may increase, prompting strategic options on ETFs amid potential bearish trends. – vtmarketsmy.com

The NZD/USD pair retreats after eight days of gains as the US Dollar rebounds ahead of the Federal Reserve’s decisions. Watch for potential currency trends influenced by economic data and policy divergence. – vtmarketsmy.com

The US Dollar hovers near lows as traders anticipate the Federal Reserve’s policies. Joint intervention rumors with Japan create uncertainty, impacting USD/JPY volatility and market strategies. Will the Dollar rebound? – vtmarketsmy.com

The British Pound retreats slightly against the US Dollar, trading at 1.3780 as traders brace for the Federal Reserve’s policy announcement, amidst a backdrop of persistent Dollar weakness. – vtmarketsmy.com

Commerzbank predicts the Bank of Canada will keep interest rates steady amid economic recovery and rising inflation. This stability may create trading opportunities, as the market underestimates potential rate hikes. – vtmarketsmy.com