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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    27 September 2024
    Wheat Prices Fall 1% on Low Demand, Yet Post Weekly Gains

    Wheat prices have displayed resilience following an extended decline from the $7.07 high to a low of $4.94. On the daily chart at vtmarkets.com, the price is now testing the 5.60 level, with the moving averages starting to level out, …

    27 September 2024
    Dollar Drifts as Risk-Sensitive Currencies Rise on China Optimism

    Traders now expect 73 basis points of easing for the remainder of the year, with CME Group’s FedWatch Tool indicating a 51% probability of another half-percentage-point cut. This cautious outlook stems from the Federal Reserve’s focus on supporting the labour …

    26 September 2024
    Rupee Stalls as Markets Await Cues from Powell and U.S. Inflation Data

    The Indian rupee faces challenges breaking past key resistance as traders focus on Fed Chair Powell’s comments and U.S. inflation data. Discover the short-term forecast for USDINR and market implications. -vtmarkets.com

    26 September 2024
    Euro Nears 14-Month High as Dollar Weakens After Fed Rate Cut

    The EURUSD pair nears a 14-month high following the Fed’s 50bps rate cut, but faces key resistance levels. Learn about the implications for traders and market outlook. -vtmarkets.com

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