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Recent Posts by davin

UOB Group analysts suggest that GBP may trade within a range, unlikely to exceed 1.3505.

Pound Sterling’s prospects look positive, but analysts predict a ceiling at 1.3505. With ongoing trade tensions, traders may benefit from volatility strategies amid geopolitical uncertainty affecting currency markets. – vtmarketsmy.com

In November, year-on-year retail sales in South Africa rose from 2.9% to 3.5%

South Africa’s retail sales rose from 2.9% to 3.5% in November, indicating stronger consumer spending. This trend could impact the Reserve Bank’s decisions and signal positive momentum for domestic stocks. – vtmarketsmy.com

The Australian dollar may fluctuate between 0.6700 and 0.6745, potentially nearing resistance at 0.6765.

The Australian Dollar (AUD) is expected to trade between 0.6700 and 0.6745 short-term, with a potential rise toward 0.6765, fueled by steady economic indicators and market trends. – vtmarketsmy.com

Germany’s 30-year bond auction yield rises to 3.49% from 3.45%

Germany’s 30-year bond yields have risen, reflecting market stress, while gold prices soar amidst global tensions. With cryptocurrencies plummeting, volatility is expected to rise, urging strategic trading moves. – vtmarketsmy.com

UOB Group analysts suggest that GBP may trade below 1.3380, restricting upward movement

GBP/USD is likely to trade between 1.3420 and 1.3470, with resistance at 1.3505. Traders should consider strategies for range-bound conditions as momentum slows despite a slightly upward bias. – vtmarketsmy.com

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