Oil rig counts slightly increased to 411, but overall rig numbers fell to 539. Prices remain below the moving average, indicating weak demand and a cautious market outlook. – vtmarketsmy.com
The USDJPY hovers near key moving averages, 147.90 and 146.78. With potential Fed rate cuts and Bank of Japan policy shifts, traders should watch for breakout opportunities in this uncertain market. – vtmarketsmy.com
The US Dollar shows slight firmness this week but faces a bearish outlook amid potential Fed leadership changes. Next week’s inflation reports could influence market strategies favoring a weaker dollar. – vtmarketsmy.com
Gold prices are dipping from two-week highs due to a strengthened US Dollar. Analysts suggest a potential drop to $3,350 if it falls below $3,380, presenting trading strategies for investors. – vtmarketsmy.com
The Euro is likely to retest 1.1700 but struggles at 1.1720 resistance. A bull call spread or selling cash-secured puts may offer stable gains, despite recent economic challenges. – vtmarketsmy.com
The Bank of England’s recent hawkish rate cut reveals deep division within its committee and highlights ongoing inflation concerns. Watch inflation data closely; volatility may present unique investment opportunities. – vtmarketsmy.com
The Pound Sterling is steady at 1.3450 against the US Dollar as traders anticipate a Federal Reserve rate cut. Upcoming US CPI data could drastically impact this outlook. – vtmarketsmy.com
Stephan Miran’s appointment as Federal Reserve governor signals a potential shift towards a dovish monetary policy, weakening the US dollar and ramping up market volatility amid expectations for interest rate cuts. – vtmarketsmy.com
A Trump-Putin summit next week has boosted U.S. stocks, especially the Nasdaq. Investors anticipate a potential ceasefire in Ukraine, but caution is advised due to possible market volatility. – vtmarketsmy.com
GBP/USD is steady at 1.3450 post-BOE’s surprise rate cut, raising concerns over inflation and recession. With key support at 1.3156, traders eye possible long positions amid economic uncertainty. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
