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Recent Posts by davin

The manufacturing business climate in France surpassed expectations, reaching 105 rather than 101.

France’s manufacturing sector shows unexpected strength with a January reading of 105, boosting optimism for economic growth and driving potential bullish movements in French equities and the euro. – vtmarketsmy.com

XAG/USD rises to new highs over $99.00 during Asian trading hours

Silver prices hit $99.39 per ounce, suggesting an upward trend despite overbought conditions. Key support levels and strong industrial demand could drive further gains, making silver an attractive investment opportunity. – vtmarketsmy.com

BoJ Governor Kazuo Ueda explains reasons for keeping the interest rate at 0.75% during press conference

Bank of Japan’s Governor Ueda holds interest rates at 0.75% amid moderate economic growth. Inflation pressures rise, hinting at potential future hikes. Watch for currency volatility and wage negotiations influencing rates. – vtmarketsmy.com

The US Dollar Index stabilizes below 98.50 after recent declines amid risk aversion

Despite strong GDP growth and low jobless claims, the US Dollar Index struggles below 98.50 amid trader risk aversion. Expect volatility with upcoming S&P PMI data. – vtmarketsmy.com

AUD/JPY strengthens around 108.55 as Yen weakens after BoJ’s decision

The AUD/JPY pair stands at 108.55 as Japan’s yen weakens following a steady 0.75% interest rate, highlighting ongoing policy divergence. Caution is advised due to overbought conditions in the market. – vtmarketsmy.com

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