Cisco Systems shows a promising recovery after a steep decline, presenting an ideal buying opportunity between $63.98 and $59.72. Strong fundamentals and market conditions support potential gains targeting $70-$97. – vtmarketsmy.com
The U.S. Redbook Index rises to 5.9% amid resilient consumer trends, while Powell warns about inflation risks, prompting potential rate holds. Gold soars past $4,100 as volatility looms. – vtmarketsmy.com
Canada’s construction sector contracts as building permits decline 1.2%. Meanwhile, gold surges past $4,100 amid economic uncertainty, with potential U.S. rate cuts causing market volatility. Opportunities abound in forex trading. – vtmarketsmy.com
Domino’s Pizza reported strong quarterly earnings of $4.08 per share, surpassing estimates. Despite lower stock performance this year, management’s upcoming guidance and competitor results will impact future trends. – vtmarketsmy.com
The EUR/GBP is climbing above 0.8700 as UK unemployment rises, weakening the Pound. Political instability in France caps Euro gains, suggesting potential trading strategies to leverage Pound’s weakness. – vtmarketsmy.com
Silver prices soared over $53 per ounce, a 120% increase this year, driven by supply concerns and strong demand from India. Market volatility presents risks, but silver remains an attractive alternative to gold. – vtmarketsmy.com
The GBP/USD fell sharply to mid-1.3200s due to disappointing UK labor data, raising unemployment and increasing jobless claims, signaling potential interest rate cuts and pressuring the pound further. – vtmarketsmy.com
The USD/CNH is projected to trade within 7.1200 to 7.1550 soon, suggesting low volatility. Strategies like options selling are advantageous unless unexpected news disrupts stability. Monitor breakout levels closely. – vtmarketsmy.com
Gold prices hit a record $4,180 per ounce due to rising tensions in the US-China conflict, instigating demand for safe-haven assets. Traders are advised to leverage options for potential profits. – vtmarketsmy.com
Analysts predict the USD/JPY will trade between 151.85 and 152.75, with a broader range of 149.50 to 153.00. Strategies like selling options can capitalize on low volatility. – vtmarketsmy.com
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