Live Updates

UK firms now expect inflation to rise to 3.5% in the next year, signaling persistent price pressures. This situation may prevent the Bank of England from cutting interest rates soon, impacting the currency market. – vtmarketsmy.com

U.S. markets remain stable amid a looming government shutdown and weak labor data, increasing chances of Federal Reserve rate cuts. Expert traders advise protective strategies in fluctuating conditions. – vtmarketsmy.com

The New Zealand Dollar (NZD) is expected to trade between 0.5770 and 0.5865 against the US Dollar (USD), indicating a range-trading phase. Key levels to watch are 0.5770 and 0.5865. – vtmarketsmy.com

USD/CHF is forming a bullish Inverse Head and Shoulders pattern, needing a breakout above 0.8020 for further gains. Market uncertainty from a government shutdown and potential Fed rate cuts complicate the dollar’s outlook. – vtmarketsmy.com

The Australian Dollar (AUD) is consolidating against the US Dollar (USD), expected to trade between 0.6545 and 0.6655. Analysts recommend low-volatility strategies amid economic uncertainties. – vtmarketsmy.com

Spain’s 10-year bond yields dropped to 1.49%, reflecting increased demand for safe investments amid economic uncertainty. This trend indicates strong interest in government securities as inflation cools and ECB policies remain accommodative. – vtmarketsmy.com

Investors are flocking to safe-haven assets like gold and the US Dollar due to uncertainty from a government shutdown, while market volatility spikes, complicating trading strategies in various sectors. – vtmarketsmy.com

EUR/GBP is correcting as markets price in a GBP risk premium ahead of the UK budget announcement. Traders should consider EUR/GBP call options to capitalize on expected volatility amid uncertainties. – vtmarketsmy.com

France’s 10-year bond yield climbed to 3.57%, reflecting economic strains. The USD strengthens, affecting EUR/USD and the British Pound. Meanwhile, gold prices rise, and cryptocurrencies gain traction amidst market volatility. – vtmarketsmy.com

Political turmoil from the US government shutdown is weakening the dollar, making gold and major currencies more attractive. Traders are shifting focus to safe havens amid rising market volatility. – vtmarketsmy.com