Live Updates

The recent U.S. Treasury auction revealed weakened foreign demand for bonds, with domestic buyers surging. This could signal rising yields and potential volatility in markets, impacting currency and trading strategies. – vtmarketsmy.com

The selection of a new Federal Reserve Chair could reshape monetary policy, adding uncertainty to markets. Watch for volatility spikes and consider short-term trading strategies as interviews unfold post-Labor Day. – vtmarketsmy.com

GBPUSD is caught in a tug-of-war at key moving averages, with conflicting economic data creating uncertainty. A breach above 1.34834 may shift momentum to buyers, while a decline could favor sellers. – vtmarketsmy.com

European indices mostly fell, while US markets surged, led by tech gains. Upcoming Nvidia earnings could trigger significant market reactions, impacting the widening performance gap between US and Europe. – vtmarketsmy.com

Trump’s dismissal of Fed Governor Lisa Cook raises alarm over presidential control of the Federal Reserve, risking its independence and sparking fears of inflation, market volatility, and political influence on monetary policy. – vtmarketsmy.com

Crude oil inventories dropped unexpectedly, pushing prices to $63.82 amid bullish signals. With hurricane risks looming and potential demand declines, traders might explore call options for October. – vtmarketsmy.com

The USDCAD is balanced between support at 1.3808-1.3831 and resistance at 1.3858, reflecting market uncertainty. Current trends lean slightly towards a bearish outlook amid economic data fluctuations. – vtmarketsmy.com

USDCHF fluctuated between key levels, hitting support at 0.8017-0.8023 and resistance at 0.8071. A volatile trading environment suggests strategies like options strangles to profit from sideways movement. – vtmarketsmy.com

New York Fed President John Williams emphasizes central bank independence as economic indicators soften. With an 84% chance of a rate cut in September, traders anticipate volatility as data releases loom. – vtmarketsmy.com

The USD is strengthening significantly, recovering losses against the EURUSD. Australia’s inflation report impacts the AUD, while US mortgage applications decline. All eyes on Nvidia’s earnings as markets react. – vtmarketsmy.com