Monthly Archives: January 2026
As risk-on sentiment prevails, the US dollar weakens while the pound sterling excels among G10 currencies
Written on January 6, 2026 at 3:26 pm, by davin
The US Dollar weakens as geopolitical tensions rise, particularly in Venezuela, while the Pound Sterling shines. Anticipated Fed rate cuts could fuel market volatility amid a thriving AI investment sector. – vtmarketsmy.com
UOB Group analysts predict USD/CNH may fluctuate between 6.9720 and 6.9920, with limited downside risk.
Written on January 6, 2026 at 3:26 pm, by davin
The USD/CNH is expected to trade between 6.9720 and 6.9920, with a test of 6.9590 possible. Market volatility remains low, but traders should prepare for potential surprises from economic data. – vtmarketsmy.com
UOB Group analysts suggest that USD/CNH will range between 6.9720 and 6.9920, with a possible test of 6.9590.
Written on January 6, 2026 at 3:26 pm, by davin
The US Dollar is projected to trade between 6.9720 and 6.9920, with analysts noting that dips may be limited due to oversold conditions. Watch for key resistance at 6.9950. – vtmarketsmy.com
UOB Group analysts expect NZD/USD to range between 0.5760 and 0.5800
Written on January 6, 2026 at 2:26 pm, by davin
The New Zealand Dollar (NZD) is expected to trade between 0.5760 and 0.5800 in the short term, with potential for a bullish breakout. Traders should consider options strategies for upside opportunities. – vtmarketsmy.com
Francesco Pesole from ING says CAD is the weakest G10 currency because of concerns over Venezuelan oil.
Written on January 6, 2026 at 2:26 pm, by davin
The Canadian Dollar (CAD) struggles as Venezuelan oil supply increases and USMCA negotiations loom, making it the weakest G10 currency. Analysts favor alternatives like NZD and SEK amid these challenges. – vtmarketsmy.com
Geopolitical risks in Venezuela boost safe-haven demand, pushing gold above $4,455 per ounce and silver above $77 per ounce.
Written on January 6, 2026 at 2:26 pm, by davin
Gold surpassed $4,455 and Silver hit $77 as geopolitical tensions in Venezuela and economic uncertainty drive demand. Central bank purchases and industrial needs bolster prices, suggesting ongoing upward trends. – vtmarketsmy.com
UOB Group predicts the Australian Dollar will trade between 0.6685 and 0.6730.
Written on January 6, 2026 at 2:26 pm, by davin
The Australian Dollar is expected to trade between 0.6685 and 0.6730, reflecting upward momentum but limited gains. Traders should consider low-volatility strategies as the currency remains range-bound. – vtmarketsmy.com
Francesco Pesole points out that ECB hawks are sticking to their position against possible interest rate cuts despite differing views.
Written on January 6, 2026 at 1:27 pm, by davin
The European Central Bank maintains a hawkish position, limiting rate cut expectations. EUR/USD may stabilize around 1.170, influenced by U.S. dollar strength and geopolitical risks in Greenland. – vtmarketsmy.com
In December, the CPI in Hesse, Germany decreased from 2.5% to 2.2%
Written on January 6, 2026 at 1:26 pm, by davin
Germany’s inflation eased to 2.2%, impacting EUR/USD and prompting strategies like put options for downside protection. Gold consolidates amid geopolitical tensions, while Solana surges with strong ETF inflows. – vtmarketsmy.com
In December, Hesse, Germany’s monthly CPI was 0.1%, compared to -0.2% from the previous month.
Written on January 6, 2026 at 1:26 pm, by davin
Hesse, Germany, reports a 0.1% CPI increase for December, challenging expectations of rate cuts by the ECB. This shift signals potential market volatility and opportunities in EUR/USD and equity trading. – vtmarketsmy.com