The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the …
Gold prices hold steady near record levels as central bank policies support its safe-haven appeal. Learn how these factors shape market dynamics. -vtmarkets.com
The Australian dollar managed to recover from early losses on Thursday, trading at $0.6781, having bounced back from a low of $0.6737. Overnight, the Aussie had reached as high as $0.683 after the Federal Reserve’s decision to reduce rates by …
The U.S. dollar rallied across the board on Thursday, reversing earlier declines after the Federal Reserve delivered an aggressive half-percentage-point interest rate cut. This marked the start of a monetary easing cycle aimed at maintaining low unemployment as inflation softens. …
Dow Jones Industrial Average hits all-time high as investors anticipate a major Fed rate cut. Markets are betting on a 50-basis-point reduction. -vtmarkets.com
Oil prices hold stable as markets await the rate cut decision by the U.S. Fed. Geopolitical tensions in the Middle East and supply disruptions from Hurricane Francine support prices. Short-term traders should brace for volatility. -vtmarkets.com
Gold prices held their ground early Wednesday as the market remains on alert for the outcome of the Federal Reserve’s meeting later in the day. -vtmarkets.com
The dollar regained some strength ahead of the Federal Reserve’s highly anticipated interest rate decision, scheduled for later in the day. It has steadied at $1.1119 per euro, slightly off from its recent low of $1.1201. -vtmarkets.com
As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point …