{"id":35684,"date":"2025-12-02T00:40:07","date_gmt":"2025-12-01T16:40:07","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/the-usd-market-commentary-by-ing-was-published-with-outdated-information-and-required-correction\/"},"modified":"2025-12-02T00:40:07","modified_gmt":"2025-12-01T16:40:07","slug":"the-usd-market-commentary-by-ing-was-published-with-outdated-information-and-required-correction","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/the-usd-market-commentary-by-ing-was-published-with-outdated-information-and-required-correction\/","title":{"rendered":"The USD market commentary by ING was published with outdated information and required correction"},"content":{"rendered":"<p>A story was corrected on December 1 at 13:30 GMT as it was based on outdated information. It was mistakenly published by the FXStreet Insights Team, who curate market observations.<\/p>\n<p>Recent issues discussed include fluctuating currency pairs and commodity prices. EUR\/USD is holding firm, supported by a weaker US Dollar amid rate cut expectations. GBP\/USD faces slight setbacks, and Gold starts the week strong due to Fed cut prospects.<\/p>\n<h3>Binance&#8217;s Crypto Market Insights<\/h3>\n<p>Additionally, insights were shared from Binance on the evolving crypto market landscape. Discussions included Binance&#8217;s plans for crypto regulation and adoption in Asia, highlighting significant market shifts.<\/p>\n<p>There&#8217;s a focus on the potential for growth in China&#8217;s market from a revenue source to an innovation hub. This transformation reflects changing global business strategies for companies expanding in that region.<\/p>\n<p>Broker reviews are given for 2025, covering areas such as Forex trading, leverage, and regional specifics. Lists provide guidance on regulated and cost-effective brokers for various trading needs and geographic regions.<\/p>\n<p>FXStreet disclaims that the information contains forward-looking statements with inherent risks and uncertainties. The platform insists on thorough, personal research before investing, as it does not offer specific investment advice.<\/p>\n<h3>Federal Reserve Rate Cut Expectations<\/h3>\n<p>The market is now overwhelmingly positioned for a Federal Reserve rate cut later this month. We see the CME FedWatch Tool pricing in an 85% chance of a cut following last week&#8217;s disappointing jobs report, which showed only 95,000 new payrolls added in November. This expectation of looser policy is driving all our major trading theses for December.<\/p>\n<p>Consequently, shorting the US Dollar remains the primary play, with options markets showing a growing skew towards puts on the dollar index (DXY). We are looking at derivatives that profit from a move in the DXY below the 102.00 level, a key support throughout the latter half of 2025. Given that a rate cut is almost fully priced in, buying out-of-the-money puts could be a cost-effective way to position for a deeper slide if the Fed signals a full-blown easing cycle.<\/p>\n<p>This dollar weakness makes long EUR\/USD positions particularly attractive, especially as the pair holds above the 1.1600 handle. The European Central Bank has signaled a steady policy path, creating a clear monetary divergence that should continue to support the Euro. We anticipate continued momentum towards the 1.1750 resistance level we last saw in late 2024.<\/p>\n<p>While GBP\/USD has also benefited, its climb above 1.3200 seems less certain and is showing signs of stalling. We see this as a reflection of domestic concerns, as recent UK inflation data came in hotter than expected at 3.5%, complicating the Bank of England&#8217;s next move. This makes trading Cable more suited for range-bound strategies unless a clear breakout occurs.<\/p>\n<p>Gold remains one of our strongest convictions, with prices holding firmly above $4,200 an ounce. This situation is reminiscent of the early 2020s when low real interest rates fueled a massive rally, and with the 10-year Treasury yield now at 3.2%, that environment is returning. We believe call options on gold miners or gold ETFs offer leveraged exposure to further upside driven by both the Fed&#8217;s dovish shift and ongoing geopolitical risks.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD steady amid Fed cut hopes; Binance eyes Asian crypto growth; broker reviews highlight 2025 trends.<\/p>\n","protected":false},"author":62,"featured_media":17028,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-35684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/35684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=35684"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/35684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17028"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=35684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=35684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=35684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}