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Recent Posts by davin

EUR/USD stays near 1.1640, showing little momentum while testing the nine-day EMA around 1.1650

The EUR/USD pair struggles near resistance at 1.1645, showing diminishing momentum and a bearish outlook. Traders should watch for potential declines below 1.1589, favoring dollar strength. – vtmarketsmy.com

Silver price (XAG/USD) drops to around $93.60 after reaching a record high due to profit-taking

Silver prices retreated to $93.60 due to profit-taking after a record high, with geopolitical tensions driving safe-haven demand. Traders brace for volatility amidst upcoming jobless claims and Fed decisions. – vtmarketsmy.com

The Canadian dollar weakens as oil prices drop, with USD/CAD around 1.3870

Oil prices are dropping due to US-EU tensions, impacting the Canadian Dollar. Prepare for volatility as upcoming tariffs could shift markets. A bullish USD/CAD position may be favorable. – vtmarketsmy.com

PBOC sets the USD/CNY reference rate at 7.0006, which is lower than before

The People’s Bank of China set a weaker USD/CNY rate at 7.0006, signaling possible economic support. Analysts expect continued yuan depreciation as officials respond to sluggish GDP and export figures. – vtmarketsmy.com

NZD/USD pair drops to around 0.5790 despite Trump’s tariff threats, with limited downside expected

The NZD/USD dips to 0.5790 amid US tariff threats and China’s economic slowdown. Market volatility is expected, with traders eyeing New Zealand’s CPI report for potential rate changes affecting the Kiwi. – vtmarketsmy.com

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