The Euro is slightly down against the Dollar but remains resilient amid trade tensions. Political risks in France could trigger volatility, making a cautious approach to EUR/USD trading advisable. – vtmarketsmy.com
The Canadian Dollar (CAD) struggles against a strong US Dollar (USD) despite solid job data. Recent tariffs increase downward pressure, hinting potential USD/CAD reversals amidst overvaluation concerns. – vtmarketsmy.com
The Euro has gained stability after France’s PM paused pension reforms, easing political tensions. Meanwhile, the strong Japanese Yen faces volatility amid Tokyo’s uncertainty, leading traders to strategize for potential currency shifts. – vtmarketsmy.com
Renewed US-China tensions drive declines in global stocks and strengthen the USD. Amid a government shutdown and soaring gold prices, investors flock to safe havens, eyeing potential volatility in the market. – vtmarketsmy.com
Robinhood (HOOD) shares face potential decline to $120 after a striking rise, showing bearish signals despite market strength. Investors are advised to consider put options in anticipation of this downturn. – vtmarketsmy.com
As the Invesco QQQ ETF faces potential support at $593 amid looming tariffs and Fed uncertainty, traders must navigate volatility. A bullish divergence may offer recovery opportunities, but caution is key. – vtmarketsmy.com
Despite strong bank earnings, including $83.6bn from JP Morgan, Wells Fargo, and Goldman Sachs, market sentiment remains low, with rising volatility and potential interest rate cuts raising concerns for investors. – vtmarketsmy.com
D-Wave Quantum (QBTS) skyrocketed over 4,000% since May 2023, but a pullback looms. Traders are advised to wait for a correction before considering new investments for the next upward move. – vtmarketsmy.com
The Indian rupee faces pressure from rising oil prices and foreign investment declines, nearing 91 against the dollar. While exports may thrive, consumers and businesses struggle with increased import costs. – vtmarketsmy.com
The EUR/CHF remains stable amid France’s political woes and weak Swiss inflation data. Traders see opportunities in this fragile balance, predicting a slow rise for the Euro despite ongoing risks. – vtmarketsmy.com
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