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Société Générale notes silver’s rise approaching $96.50–$97.00, as momentum indicators reach multi-year highs

Silver is nearing resistance near $97.00, showing strong but overstretched momentum. With historical price deviations and extreme implied volatility, traders should prepare for a potential correction despite the ongoing rally in precious metals. – vtmarketsmy.com

UOB Group analysts predict the Australian dollar may hit 0.6670, while support at 0.6655 is unlikely.

The Australian Dollar is expected to remain range-bound between 0.6655 and 0.6745, with a potential test of 0.6670. Traders should prepare for possible breakouts amidst current market consolidation. – vtmarketsmy.com

Speculation about elections boosts the USD/JPY rally, challenging Japan’s currency tolerance band

USD/JPY is on a bullish surge amid political uncertainty in Japan, with expectations to test the key 160 level. Anticipate volatility strategies as market dynamics shift before potential intervention. – vtmarketsmy.com

GBP/JPY falls from recent highs of 214.00 after hitting peaks of 214.30

The GBP/JPY has dipped below 214.00 after hitting a record high, driven by Yen weakness amid political uncertainty in Japan. Market volatility suggests potential for significant price movements ahead. – vtmarketsmy.com

OCBC analysts say the decline in US core CPI indicates reduced tariff inflation pressures, which will keep rates steady.

December’s softer US core CPI hints at reduced inflation pressures, but the Fed is likely to hold interest rates steady. Anticipate potential dollar weakness amid political uncertainties and resilient economic growth. – vtmarketsmy.com

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