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Recent Posts by davin

With US markets closed, the dollar steadied as traders awaited the FOMC minutes, UK CPI and PCE data

Markets are calm, but Friday’s US Core PCE could shake everything. Dollar stays strong, majors softer, gold far below 2025 highs. Traders watch UK data, Fed minutes, Canada CPI, and geopolitics. – vtmarketsmy.com

OCBC strategists: USD/SGD range-bound near lows as soft US data pressures the dollar

USD/SGD is stuck near lows as soft US data fuels Fed cut bets and SGD stays strong. Watch 1.2590 support and 1.2670–1.2710 resistance; range trades may win. – vtmarketsmy.com

Gold falls below $5,000 as the US dollar strengthens amid low liquidity, with US and China markets closed

Gold slid below $5,000 in thin holiday trade as the dollar rose. Fed caution clashes with rate-cut bets, risking more downside. Watch $4,900 support, key data, and geopolitical shocks. – vtmarketsmy.com

BNY expects the BSP to cut Philippine rates by 25 bps to 4.25%, pressuring the peso amid growth worries

BNY expects the Philippine central bank to cut rates to 4.25% on Feb 19 as growth slows. Inflation looks contained, but peso support may weaken, sparking USD/PHP options and forwards trades. – vtmarketsmy.com

Societe Generale’s Dev Ashish says a court paused Colombia’s wage hike, boosting sentiment on the peso

Colombia’s top court froze Petro’s 23% wage hike, briefly boosting peso and bonds. But 7.8% inflation and politics keep rates higher-for-longer; traders now hedge with USD/COP calls. – vtmarketsmy.com

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