Live Updates

Political uncertainty and inflation data have weakened the US Dollar. With potential tariffs looming and Fed Chair Powell’s job in question, traders should consider hedging strategies to navigate market volatility. – vtmarketsmy.com

GBP/USD rises to 1.3454, fueled by Fed rate cut hopes amid declining US inflation and uncertainties surrounding Fed Chair Powell. UK inflation surges complicate BOE’s easing plans, setting the stage for potential currency trends. – vtmarketsmy.com

US crude oil stocks fell sharply, indicating strong demand, while AUD/USD recovered as the dollar weakened. Gold rose, and China faces mixed economic signals. Opportunities arise in commodities and currencies. – vtmarketsmy.com

The Australian Dollar continues its decline against the US Dollar, driven by diverging monetary policies and economic uncertainties. Traders eye the key support at 0.6500 for potential downward momentum. – vtmarketsmy.com

Silver is steady around $38.00, supported by weaker US PPI data. With a bullish trend and potential for further gains, traders eye resistance levels and strategies to capitalize on upward movements. – vtmarketsmy.com

In June, US Industrial Production rose 0.3%, defying slowdown fears, while the Dollar Index held above 98.50. Traders are urged to adjust strategies amid mixed manufacturing signals and low volatility. – vtmarketsmy.com

US capacity utilization improved to 77.6%, signaling economic strength. In China, GDP grew 5.2%, but concerns linger over investment. Traders should brace for currency volatility amid mixed international signals. – vtmarketsmy.com

In June, US industrial production rose 0.3%, indicating economic strength, while Australia expected stable unemployment. China’s GDP growth faces challenges. Gold prices peaked amid a weakening dollar, influencing currency strategies. – vtmarketsmy.com

Forecasts for the US Producer Price Index show a consensus around a 0.2% monthly core reading. A surprising actual value of 0.0% may lead to increased easing expectations and dollar weakness. – vtmarketsmy.com

Italy’s June inflation rose slightly to 1.7%, easing concerns for the ECB. This stable outlook offers opportunities for derivative traders and suggests a patient monetary policy ahead. – vtmarketsmy.com