Live Updates

Gold prices are poised for a breakout, supported by expectations of US rate cuts and a weakening dollar amid ongoing government shutdowns. Focus shifts to Fed Chair Powell’s upcoming speech for direction. – vtmarketsmy.com

The Australian Dollar is strengthening against the US Dollar due to rising inflation expectations, while the US Dollar weakens amid a government shutdown and anticipated Federal Reserve rate cuts. – vtmarketsmy.com

The USD/CAD pair is dropping below 1.3950 as the Fed considers rate cuts amid a government shutdown. With both central banks easing, the market volatility creates potential profit opportunities through put options. – vtmarketsmy.com

Indonesia’s consumer confidence dropped to 115 in September, signaling economic uncertainty. This could lead to reduced spending, affecting retail sales and the Rupiah, complicating market dynamics and potential trading strategies. – vtmarketsmy.com

WTI crude oil hovers around $61.70 as rising US inventories signal weak demand, while OPEC+ maintains cautious production increases. Traders eye upcoming volatility amid geopolitical tensions and monetary policy shifts. – vtmarketsmy.com

The US Dollar Index has dipped to 98.75 amid a government shutdown and potential rate cuts. Market volatility is expected as inflation persists and CPI data approaches—watch how these factors play out! – vtmarketsmy.com

China’s new rare earth export rules could hurt Australia’s economy, impacting the Australian Dollar due to rising trade friction and uncertain market conditions. Traders should prepare for potential declines in the AUD/USD. – vtmarketsmy.com

The People’s Bank of China adjusted the USD/CNY rate to 7.1102, signifying a proactive stance on currency stability amid economic pressures. This aims to prevent capital outflows and support financial confidence. – vtmarketsmy.com

GBP/USD is rising as the US dollar weakens amid a prolonged government shutdown, creating uncertainty in economic data. Traders are optimistic about the pound, anticipating rate cuts by the Fed. – vtmarketsmy.com

Australia’s inflation expectations rise to 4.8%, pushing the dollar higher. Meanwhile, the US government shutdown weighs on the dollar, as traders anticipate shifts in monetary policy amid market volatility. – vtmarketsmy.com