Monthly Archives: January 2026
MBA mortgage applications in the United States increased from 0.3% to 28.5% recently
Written on January 14, 2026 at 2:26 pm, by davin
US mortgage applications surged to 28.5% as rates dipped, signaling a potential housing market rebound. Meanwhile, weak retail sales may prompt Federal Reserve rate cuts, impacting the U.S. dollar. – vtmarketsmy.com
Pound Sterling rises against major currencies ahead of crucial UK GDP figures, except for antipodean currencies
Written on January 14, 2026 at 2:26 pm, by davin
The Pound Sterling strengthens ahead of UK GDP data, expected to reflect a 0.1% growth after previous contractions. Market strategies may pivot based on surprising results; keep an eye on GBP/USD trends. – vtmarketsmy.com
Société Générale notes silver’s rise approaching $96.50–$97.00, as momentum indicators reach multi-year highs
Written on January 14, 2026 at 2:26 pm, by davin
Silver is nearing resistance near $97.00, showing strong but overstretched momentum. With historical price deviations and extreme implied volatility, traders should prepare for a potential correction despite the ongoing rally in precious metals. – vtmarketsmy.com
UOB Group analysts predict the Australian dollar may hit 0.6670, while support at 0.6655 is unlikely.
Written on January 14, 2026 at 2:26 pm, by davin
The Australian Dollar is expected to remain range-bound between 0.6655 and 0.6745, with a potential test of 0.6670. Traders should prepare for possible breakouts amidst current market consolidation. – vtmarketsmy.com
Speculation about elections boosts the USD/JPY rally, challenging Japan’s currency tolerance band
Written on January 14, 2026 at 1:26 pm, by davin
USD/JPY is on a bullish surge amid political uncertainty in Japan, with expectations to test the key 160 level. Anticipate volatility strategies as market dynamics shift before potential intervention. – vtmarketsmy.com
GBP/JPY falls from recent highs of 214.00 after hitting peaks of 214.30
Written on January 14, 2026 at 1:26 pm, by davin
The GBP/JPY has dipped below 214.00 after hitting a record high, driven by Yen weakness amid political uncertainty in Japan. Market volatility suggests potential for significant price movements ahead. – vtmarketsmy.com
OCBC analysts say the decline in US core CPI indicates reduced tariff inflation pressures, which will keep rates steady.
Written on January 14, 2026 at 1:26 pm, by davin
December’s softer US core CPI hints at reduced inflation pressures, but the Fed is likely to hold interest rates steady. Anticipate potential dollar weakness amid political uncertainties and resilient economic growth. – vtmarketsmy.com
Venezuela restarts exports, causing WTI oil prices to fall below $60.50 amid rising US stock levels.
Written on January 14, 2026 at 1:26 pm, by davin
WTI oil prices fell as Venezuela resumes exports, increasing supply. U.S. inventories rose despite predictions of declines, while geopolitical risks decrease. A downward trend may lead to short positions below $70. – vtmarketsmy.com
Analyst from ING sees limited positive impact on EUR from US-Greenland discussions led by Vance and Rubio.
Written on January 14, 2026 at 12:26 pm, by davin
A US delegation’s talks with Denmark and Greenland may offer minor Euro relief, but underlying weaknesses suggest traders should consider short positions. The Eurozone’s sluggish growth contrasts with a strong US economy. – vtmarketsmy.com
A breach of 1.1615 for the Euro seems unlikely, despite slight downward momentum.
Written on January 14, 2026 at 12:26 pm, by davin
The Euro stabilizes between 1.1615 and 1.1730, facing slight downward pressure. While major support holds, traders should watch for potential volatility shifts driven by economic changes. – vtmarketsmy.com