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Recent Posts by davin

Germany’s exports fell by 2.5% in November, missing expectations for no change.

Germany’s November exports fell 2.5%, raising concerns about global demand and impacting the Eurozone economy. Traders anticipate a weaker Euro and report bearish sentiment towards the DAX index and future ECB rate hikes. – vtmarketsmy.com

US Dollar strengthens its weekly gains ahead of key NFP data

The US Dollar rises ahead of key economic data, including Nonfarm Payrolls and unemployment figures. A surprising strong report could boost the dollar, while a weak number may trigger rate cut bets. – vtmarketsmy.com

Australian dollar weakens against US dollar amid crucial Chinese economic data release

The Australian Dollar weakens amid a strong US Dollar and mixed economic signals, particularly from China. Upcoming US labor data may further impact AUD/USD dynamics, highlighting potential trading opportunities. – vtmarketsmy.com

EUR/USD stays near 1.1650 as bearish RSI shows decreasing momentum

EUR/USD stabilizes around 1.1650 after losses, hinting at potential declines towards 1.1589. With inflation falling in the Eurozone and strong U.S. job data, traders should brace for volatility. – vtmarketsmy.com

Gold prices decline in Saudi Arabia according to recent sources.

Gold prices have dropped in Saudi Arabia, but central bank demand and geopolitical instability suggest a potential upward trend. A weakening US Dollar may bolster gold’s appeal as a safe-haven asset. – vtmarketsmy.com

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