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Recent Posts by davin

Ueda, the Governor of the BoJ, says the wage-price mechanism should continue as he expects more interest rate hikes.

Bank of Japan’s Governor Ueda hints at interest rate hikes due to rising inflation, signaling a stronger Yen ahead. Market strategies may involve JPY options and hedging against Nikkei volatility. – vtmarketsmy.com

Silver prices rise nearly 6% to nearly $86.50 during Asian trading amid Iran’s actions

Silver’s value has dipped due to reduced demand for safe-haven assets, influenced by geopolitical shifts and Federal Reserve expectations. Traders are advised to consider protective strategies amidst market volatility. – vtmarketsmy.com

GBP/USD hovers near 1.3430 during Asian trading, facing the nine-day EMA barrier ahead

GBP/USD is stable at 1.3430, facing a pivotal resistance at 1.3446. With economic weakness in the UK and a strong US labor market, traders should watch for potential declines toward 1.3010. – vtmarketsmy.com

South Korea’s money supply growth dropped to 6.8% in November, down from 7.1%

South Korea’s money supply growth slows, while strong US economic data boosts the dollar’s appeal. Upcoming UK GDP figures may impact GBP/USD, as traders prepare for potential volatility in markets. – vtmarketsmy.com

NZD/USD pair drops to approximately 0.5740 during Asian trading hours amid trade tensions

The NZD/USD dropped to 0.5740 amid renewed US-China trade tensions following a new 25% tariff on semiconductors. Political pressures on the Fed and weak Chinese data complicate the Kiwi’s outlook. – vtmarketsmy.com

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