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Recent Posts by davin

Mexico’s fourth-quarter current account came in at $7,702M, below forecasts of $11,520M

Mexico’s Q4 current account surplus hit $7.7B, far below the $11.5B forecast—fueling bets on a weaker peso. Traders eye USD/MXN options, Banxico turns dovish, volatility rises. – vtmarketsmy.com

Mexico’s accumulated current account-to-GDP ratio rose to 1.6% in Q4, up from 0.49%

Mexico’s current account surplus jumped to 1.6% of GDP, boosting confidence in the peso. With high rates and record FDI, USD/MXN may break 17.05—favor MXN-long trades. – vtmarketsmy.com

As geopolitical and economic risks persist, silver gains traction as buyers support dips and the RSI stays above 50

Silver rebounds 3.4% to $90.25 after a dip, up 24% in five days. Trend stays bullish, but dollar strength caps gains. Watch $92.87 breakout or $86.08 support. – vtmarketsmy.com

HSBC says GBP/USD looks overvalued as BoE cut expectations grow, keeping sterling under pressure after February’s close vote

Pound set for a stumble: HSBC says GBP/USD looks overvalued as markets price an 80% BoE rate cut chance. UK weakness versus resilient US boosts divergence; traders eye puts after March 19. – vtmarketsmy.com

After softer Eurozone inflation and German fourth-quarter GDP data, investors push the euro lower against the pound

EUR/GBP slips near 0.8716 as Eurozone inflation cools to 1.7% and ECB stays steady. But looming BoE rate cuts—60% odds for March—may boost EUR/GBP; traders eye calls. – vtmarketsmy.com

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