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Recent Posts by davin

Eurozone industrial production remains strong, but EUR/USD stays below 1.1640, approaching one-month lows at 1.1635

EUR/USD is under pressure, trading near 1.1635 due to strong US data and a stable Fed outlook, despite positive Eurozone production. Market conditions favor a bearish trend for the Euro. – vtmarketsmy.com

US Dollar maintains a bullish trend, encountering resistance around the 0.8020 level

The USD/CHF pair is challenging the resistance at 0.8020, driven by strong US economic data and easing geopolitical concerns. A breakout could lead to a target of 0.8080, attracting traders. – vtmarketsmy.com

NZD/USD stays stable around 0.5740 amid strong US economic data and cautious investor sentiment

US-China trade tensions affect the New Zealand Dollar, yet positive data from China and a hawkish RBNZ support NZD strength. Traders eye upside potential in NZD/USD for profits. – vtmarketsmy.com

Retail sales in Brazil surpass expectations with a 1% increase, compared to a 0.3% forecast.

Brazil’s retail sales surged 1% in November, surpassing expectations. Strong consumer demand signals economic resilience, influencing interest rates and boosting the Brazilian Real, with positive implications for retailers and traders. – vtmarketsmy.com

The US Dollar Index is experiencing small rises, approaching a monthly high of about 99.25.

The US Dollar Index hovers near 99.25 as the Federal Reserve likely pauses rate cuts amid persistent inflation, suggesting traders maintain long positions and prepare for market volatility ahead. – vtmarketsmy.com

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