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Recent Posts by davin

The British Pound is under pressure against the Japanese Yen due to rising demand and speculation of intervention.

GBP/JPY is facing downward pressure amid Japanese intervention speculation and market concerns. With key resistance levels and weakening bullish indicators, traders may consider strategies for potential declines or sideways movement ahead. – vtmarketsmy.com

OCBC Bank updates gold price forecast to USD 5,600 per ounce by 2026 due to demand

Gold’s rally is fueled by ongoing uncertainty, pushing prices past USD 5,300 towards a year-end target of USD 5,600. Investors should consider options strategies for managing risk amid market volatility. – vtmarketsmy.com

The Bank of Canada is expected to maintain its policy rate at 2.25% again.

The Bank of Canada will likely maintain its 2.25% rate, amid trade uncertainties impacting the Canadian dollar. Traders are advised to prepare for potential downward pressure and capitalize on market fluctuations. – vtmarketsmy.com

As the FOMC meets, speculation grows about Trump’s possible nomination for Fed Chair.

Donald Trump may nominate a new Federal Reserve Chair, causing market uncertainty amid interest rate discussions. Predictions favor Rick Rieder, with implications for the U.S. dollar and stock volatility. – vtmarketsmy.com

TD Securities expects the Bank of Canada to maintain the rate at 2.25%

The Bank of Canada plans to keep the overnight rate at 2.25%, adopting a cautious tone amid economic slowdowns. Traders should prepare for stable rates and potential currency strategies as data unfolds. – vtmarketsmy.com

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