Live Updates

Gold prices are rising amid geopolitical tensions and a favorable Federal Reserve outlook, currently at $4,140. With a 96% chance of a rate cut, traders anticipate bullish momentum towards $4,200 resistance. – vtmarketsmy.com

The NZD is struggling against the USD, with bearish trends prevailing. Economic concerns around New Zealand’s growth and rate cuts contrast with a stable US Dollar, signaling potential future declines. – vtmarketsmy.com

UK’s labour market is weakening with rising unemployment and slowing wage growth, prompting the Bank of England to consider interest rate cuts. Invest cautiously; options may help hedge against potential declines. – vtmarketsmy.com

The USD/JPY exchange rate fell amid US-China trade tensions and weak US job data. With a dovish Fed outlook and the Yen’s safe-haven appeal, traders should consider bearish strategies for USD/JPY. – vtmarketsmy.com

François Villeroy of the ECB indicates a likely interest rate cut ahead, not hikes, amid a resilient Eurozone economy. Inflation risks appear to decrease, suggesting a shift in monetary policy direction. – vtmarketsmy.com

Federal Reserve Chair Jerome Powell warns of persistent inflation amid a weakening labor market. Market uncertainty grows as traders eye potential rate cuts, influenced by upcoming delayed economic data releases. – vtmarketsmy.com

Gold’s price holds above $4,100 as investors seek safety amid US dollar weakness. Watch for volatility ahead of Fed Chair Powell’s speech and ongoing UK economic pressures affecting the Pound. – vtmarketsmy.com

EUR/USD surges past 1.1600 amid US Dollar weakness from US-China tensions and a dovish Fed outlook. Traders should consider options strategies as volatility looms during Powell’s upcoming speech. – vtmarketsmy.com

The GBP/USD pair dips to 1.33 due to rising UK unemployment at 4.8%. Potential Bank of England rate cuts may follow, while the US Dollar stays steady amidst expectations of Fed Chair Powell’s speech. – vtmarketsmy.com

Silver prices dipped to $51.75 after a previous high, influenced by demand concerns and market volatility. With geopolitical tensions and weakened U.S. Dollar, expect further price swings and strategic opportunities ahead. – vtmarketsmy.com