Live Updates

The EURUSD pair has hit a new weekly low, re-entering a significant support zone. A drop below 1.1663 could trigger further declines, enticing traders to monitor key historical levels closely. – vtmarketsmy.com

The EUR/USD pair struggles to maintain upward momentum amid cautious market sentiment and US trade tensions, with mixed trade data from Europe adding to uncertainty. Watch for upcoming Federal Reserve insights. – vtmarketsmy.com

Canada’s Ivey PMI rose to 53.3 in June, signaling modest economic growth. However, declining employment and inventories, coupled with rising prices, indicate caution and potential inflationary pressures ahead. – vtmarketsmy.com

The British Pound is struggling against the US Dollar due to rising UK fiscal concerns and a hefty £4.8 billion welfare bill. Traders eye upcoming UK GDP data and US trade policies for guidance. – vtmarketsmy.com

The USDCHF currency pair remains stable, with support at 0.7952. A break above 0.7986 could signal upward momentum, while drops below 0.7945 might lead to declines. Patience is key. – vtmarketsmy.com

The RBA surprised markets by holding its cash rate at 3.85%, prioritizing inflation data. Trade tensions persist globally, affecting equities and currencies, creating opportunities amid evolving economic landscapes. – vtmarketsmy.com

The NFIB Small Business Optimism Index slightly dipped in June, revealing rising concerns about taxes and excess inventories. These trends may signal potential pressures on economic growth and consumer demand. – vtmarketsmy.com

The U.S. implemented a 25% tariff on Japan, initially spooking markets, but traders quickly adapted, focusing on economic indicators like inflation instead. Tariffs are now seen as negotiation tactics. – vtmarketsmy.com

The EU warns of potential countermeasures if negotiations with the US don’t yield a fair deal by August 1. Investors should reassess positions amid increased uncertainty and evolving market dynamics. – vtmarketsmy.com

European stock indices slightly rose by 0.1%, reflecting cautious optimism amid tariff uncertainties from the U.S. Traders are maintaining positions despite mixed signals, waiting for clearer information on market impacts. – vtmarketsmy.com