Live Updates

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

Gold prices are stabilizing below $4,179 amid US-China trade tensions, yet remain close to $4,125, supported by strong demand and Fed rate cut expectations—creating a bullish outlook for traders. – vtmarketsmy.com

The Canadian Dollar strengthens as US-China tensions rise, impacting the USD. With mixed economic signals and a potential dovish Fed, traders eye Jerome Powell’s speech for guidance on interest rates. – vtmarketsmy.com

The Japanese Yen has regained its safe-haven status amid US-China tensions, gaining 0.2%. Traders eye potential USD/JPY weakness, with strategies to hedge against market fluctuations and economic shifts in Japan. – vtmarketsmy.com

The Pound Sterling weakens amid disappointing UK job data and global risk aversion, down 0.5% against the US Dollar. Traders are advised to consider strategies like GBP/USD put options to hedge against further declines. – vtmarketsmy.com