Live Updates

Synchrony surpassed earnings expectations with $2.86 per share, showing a 28.83% surprise. Despite a year-to-date underperformance, its stock may rise following upcoming management guidance on growth and credit quality. – vtmarketsmy.com

Gold prices are soaring amid a weak US dollar and geopolitical risks, while Canadian economic data shows resilience. Traders should consider options on gold futures and explore AUD/USD for potential gains. – vtmarketsmy.com

The Empire State Manufacturing Index soared to 10.7 in October, defying forecasts and raising questions about Federal Reserve rate cuts. Meanwhile, the US dollar weakened amid ongoing market uncertainties. – vtmarketsmy.com

The US Dollar (USD) is set to trade in a tight range of 7.1300 to 7.1450 short-term, with minimal fluctuations expected. Traders should consider stable strategies, like iron condors, for profit. – vtmarketsmy.com

The USD/JPY is in a range-trading phase, likely between 149.50 and 153.00. Analysts predict a potential decline to 151.20, influenced by US dollar weakness and economic uncertainties. Adapt trading strategies accordingly. – vtmarketsmy.com

The EUR/JPY pair is declining as the Japanese Yen strengthens amidst US-China trade tensions and France’s pension reform suspension. Investors are shifting towards safer assets, fearing Eurozone instability. – vtmarketsmy.com

Brazil’s August retail sales rose 0.2%, signaling economic stability, but September’s decline to 0.3% raises concerns. Upcoming Central Bank meetings may impact interest rates and market volatility significantly. – vtmarketsmy.com

The Pound is gaining against the US Dollar, forming a Head and Shoulders pattern. Yet, uncertainty looms as both the Fed and BoE signal potential rate cuts. Traders should stay cautious. – vtmarketsmy.com

The Euro is strengthening as the Federal Reserve signals rate cuts, weakening the US Dollar. A dovish stance from the Fed may lead to a higher EUR/USD, making strategic trading attractive. – vtmarketsmy.com

The British Pound is rising against the Yen, hitting 202.00, amid political uncertainty in Japan. However, the bearish trend persists, making selling into strength a potential strategy for traders. – vtmarketsmy.com