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Recent Posts by davin

Indian rupee falls to a two-month low against the US dollar amid foreign fund outflows

The Indian Rupee is slipping to a two-month low against the US Dollar, influenced by heavy foreign selling and weak trade negotiations. Strategies suggest profiting from this USD/INR rise. – vtmarketsmy.com

German inflation aligns with ECB goals as EUR/GBP dips to around 0.8660, awaiting UK data

The EUR/GBP rate dropped to 0.8660 as German inflation eased, indicating a stable ECB policy. Meanwhile, a strong UK economy supports the Pound, suggesting a bearish outlook for EUR/GBP ahead. – vtmarketsmy.com

UOB Group analysts predict GBP may reach 1.3355, but consider 1.3315 unlikely

GBP’s outlook is bearish, expected to test 1.3355 and possibly 1.3315. Economic fragility and contrasting US strength support this trend, making bearish trading strategies seem prudent in the coming weeks. – vtmarketsmy.com

Japanese Yen falls 0.3% amid intervention alerts, USD/JPY approaches 158.00

The USD/JPY dips towards 158.00 amid Yen weakness and intervention warnings from Japan. Economic shifts and bond yield gaps favor the dollar, creating volatility. Traders eye put options for potential interventions. – vtmarketsmy.com

Analysts note a decline in oil prices after a two-month high due to easing tensions

Oil prices are easing after geopolitical tensions subside, projected to stabilize at $59 per barrel. Additionally, the U.S. budget deficit surges, while Bitcoin remains resilient above $95K. – vtmarketsmy.com

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