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Recent Posts by davin

As the USD remains strong, the CAD struggles against it, with USD/CAD near a monthly high of 1.3875.

USD/CAD is nearing a one-month high as the US dollar strengthens, supported by robust US job growth. Meanwhile, Canada’s economy shows signs of cooling, creating trading opportunities amid diverging monetary policies. – vtmarketsmy.com

AUD/USD falls to 0.6690 following drop in Australia’s trade surplus and slowed inflation

Australia’s inflation decline weighs on its dollar, while robust US economic indicators strengthen the greenback. This diverging outlook creates uncertainty for AUD/USD, with trading strategies focused on potential downturns. – vtmarketsmy.com

Bloom Energy shares rise 18.5% after $2.65 billion agreement with American Electric Power

Bloom Energy’s stock soared 18.5% after a $2.65 billion deal with AEP for a 900 MW facility. Despite excitement, traders should watch for resistance around $120 and possible volatility ahead. – vtmarketsmy.com

The auction yield for the United States 4-week bill decreases to 3.55% from 3.59%

US 4-week bill auction yields fell slightly, while the dollar strengthened amid strong job data. Gold prices stabilize, and traders prepare for crucial Nonfarm Payroll figures that could impact markets. – vtmarketsmy.com

The Pound Sterling fell for the third straight day as strong US employment data influenced rate cut expectations.

The Pound Sterling continues to weaken, trading around 1.3444, as strong US jobs data pushes back expectations for Federal Reserve rate cuts. Market participants brace for upcoming economic releases. – vtmarketsmy.com

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