Monthly Archives: January 2026
Pound sees slight decline as US employment figures affect GBP/USD near 1.3500
Written on January 7, 2026 at 11:26 pm, by davin
GBP/USD is drifting around 1.3495, pressured by a strong US Dollar and cautious trading. Market sentiment is wary, with potential bearish moves anticipated for the pair amidst upcoming economic data. – vtmarketsmy.com
US crude oil stock change falls short of projections, showing a decrease of 3.832 million
Written on January 7, 2026 at 11:26 pm, by davin
Crude oil stocks dropped unexpectedly by 3.8 million barrels, raising demand concerns amid strong U.S. dollar influence. Gold prices face pressure, while traders should prepare for volatility and strategic options. – vtmarketsmy.com
US crude oil stocks drop to -3.831 million, falling short of forecasts of 1.1 million
Written on January 7, 2026 at 11:26 pm, by davin
US crude oil stocks fell unexpectedly, impacting gold prices and currency pairs. As economic data fluctuates, traders should brace for volatility, optimizing strategies in response to market dynamics. – vtmarketsmy.com
Société Générale revises 2026 GDP predictions: 2.1% growth for the US and 1.2% for the Eurozone, but the dollar stays steady
Written on January 7, 2026 at 11:25 pm, by davin
US GDP growth forecasts for 2026 rise to 2.1%, while Eurozone increases to 1.2%. Despite this, the dollar stabilizes. Market dynamics create opportunities in currency derivatives trading. – vtmarketsmy.com
Selling pressure around $4,500 leads to a decline in gold prices despite positive US Services PMI data.
Written on January 7, 2026 at 10:27 pm, by davin
Gold declined to $4,430 amid mixed US economic signals and geopolitical tensions. The market anticipates rate cuts, while central bank demand supports prices, with strong institutional buying expected on dips. – vtmarketsmy.com
The Australian dollar stays steady against the US dollar, suggesting a potential pullback despite recent gains.
Written on January 7, 2026 at 10:26 pm, by davin
The AUD/USD remains near 15-month highs post-inflation data, although signs of fatigue are emerging. Watch key support at 0.6660 and resistance at 0.6800 for potential trading opportunities. – vtmarketsmy.com
In November, the US had 7.14 million job openings, below the expected 7.6 million.
Written on January 7, 2026 at 10:26 pm, by davin
The recent job market trends indicate a cooling labor environment, prompting expectations of rate cuts by the Federal Reserve, which could weaken the US dollar and heighten market volatility. – vtmarketsmy.com
In December, the ISM Services PMI in the US increased to 54.4, surpassing predictions.
Written on January 7, 2026 at 10:26 pm, by davin
The ISM Services PMI surged to 54.4, signaling robust US economic growth. With rising employment and new orders, the US Dollar is poised for strength, while gold faces downward pressure. – vtmarketsmy.com
In November, US JOLTS job openings reached 7.146 million, below the expected 7.6 million.
Written on January 7, 2026 at 9:26 pm, by davin
November’s JOLTS report revealed only 7.146 million job openings, sparking concerns over a cooling labor market. This shift may prompt the Federal Reserve to cut interest rates, impacting various investments. – vtmarketsmy.com
In December, the Canada Ivey Purchasing Managers Index surpassed expectations, reaching 51.9 compared to 49.5.
Written on January 7, 2026 at 9:26 pm, by davin
Canada’s Ivey Purchasing Managers Index rose to 51.9, indicating economic growth. However, falling oil prices put pressure on the Canadian dollar, while gold remains stable amid a strong US dollar. – vtmarketsmy.com