The past 2 weeks have spiked the VIX nearly 70%! For a trader this can be golden, especially for options traders looking to sell options and collect premium. Master trader, Steve Moses, joins Merlin for a look at how his trading has changed over the past 2 weeks due to the increase in volatility. Steve also takes a look at historical market data and what we should have learned from it!
Editors’ Picks
EUR/USD eases below 1.1700 after EU inflation data
EUR/USD has come under mild selling pressure below 1.1700 in European trading hours on Wednesday. The pair faces headwinds from softer Eurozone inflation data, which weigh on the Euro. Meanwhile, the US Dollar struggles ahead of US jobs report.
GBP/USD hovers around 1.3500 ahead of US data
GBP/USD loses ground to gyrate around 1.3500 on Wednesday after registering modest gains in the previous session. The pair treads water as the US Dollar struggles ahead of the US ADP Employment Change, JOLTS Job Openings and ISM Services Purchasing Managers’ Index due later in the day.
Gold remains depressed below $4,500 as key US macro data looms
Gold trims a part of its intraday losses, though it retains its negative bias through the first half of the European session on Wednesday and remains well below the $4,500 psychological mark. As investors digest the recent US attack on Venezuela, the underlying bullish sentiment turns out to be a key factor that prompted some profit-taking around the precious metal.
ADP Employment Report set to show moderate rebound in December after November’s drop
The Automatic Data Processing Research Institute will release its monthly Employment Change Report for December on Wednesday. The ADP report is expected to show that the United States economy created 45,000 jobs in the last month of 2025, to offset the 32.000 net employment loss seen in November.
Implications of US intervention in Venezuela
Events in Venezuela are top of mind for market participants, and while developments are associated with an elevated degree of uncertainty, we are not making any changes to our markets or economic forecasts as a result of the deposition of Nicolás Maduro.
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