Live Updates

US S&P Global’s October PMI data shows cooling economic activity, with Services PMI at 52.8 and Manufacturing at 51.5. This may impact EUR/USD, which could break out from its tight range. – vtmarketsmy.com

The US Dollar stands strong near 153.00 JPY amidst rising US inflation concerns and Japan’s stimulus plans. Market strategies focus on call options as volatility looms from fiscal shifts. – vtmarketsmy.com

The Indian Rupee gained briefly against the US Dollar but fell as discussions on US-China trade tensions heated up. Anticipate volatility ahead of critical US inflation data impacting market dynamics. – vtmarketsmy.com

The Canadian dollar struggles as trade negotiations collapse, prompting expectations of a Bank of Canada rate cut. With uncertain markets, opportunities arise for USD/CAD fluctuations amid evolving economic pressures. – vtmarketsmy.com

Silver prices dipped to $48.17, down 1.48%, despite a 66.72% rise this year. Traders eye strong industrial demand and the Gold/Silver ratio for potential price movements and strategic opportunities. – vtmarketsmy.com

The Euro (EUR) is projected to range between 1.1590 to 1.1635, with a possible decline towards 1.1540. Traders may benefit from low volatility strategies as momentum weakens. – vtmarketsmy.com

Gold has dropped to $4,050 amid US Dollar demand and profit-taking, with market focus on today’s CPI report. A breakout above $4,150 could signal recovery, while below $4,040 may lead to further declines. – vtmarketsmy.com

The UK’s October services and manufacturing PMIs beat expectations, hinting at economic recovery. However, the Pound remains weak against the Dollar, prompting traders to consider volatility strategies amidst upcoming CPI data. – vtmarketsmy.com

GBP/USD remains stable, influenced by UK data while markets await crucial US inflation figures. Gold struggles as volatility rises, signaling uncertainty ahead. Traders should prepare for possible market shifts. – vtmarketsmy.com

Market dynamics from UK retail sales, Eurozone data, and US-China trade are shaping economic indicators. Traders need strategies for potential volatility, especially with upcoming US CPI data impacting currencies and precious metals. – vtmarketsmy.com