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Recent Posts by davin

Pound sees slight decline as US employment figures affect GBP/USD near 1.3500

GBP/USD is drifting around 1.3495, pressured by a strong US Dollar and cautious trading. Market sentiment is wary, with potential bearish moves anticipated for the pair amidst upcoming economic data. – vtmarketsmy.com

US crude oil stock change falls short of projections, showing a decrease of 3.832 million

Crude oil stocks dropped unexpectedly by 3.8 million barrels, raising demand concerns amid strong U.S. dollar influence. Gold prices face pressure, while traders should prepare for volatility and strategic options. – vtmarketsmy.com

US crude oil stocks drop to -3.831 million, falling short of forecasts of 1.1 million

US crude oil stocks fell unexpectedly, impacting gold prices and currency pairs. As economic data fluctuates, traders should brace for volatility, optimizing strategies in response to market dynamics. – vtmarketsmy.com

Société Générale revises 2026 GDP predictions: 2.1% growth for the US and 1.2% for the Eurozone, but the dollar stays steady

US GDP growth forecasts for 2026 rise to 2.1%, while Eurozone increases to 1.2%. Despite this, the dollar stabilizes. Market dynamics create opportunities in currency derivatives trading. – vtmarketsmy.com

Selling pressure around $4,500 leads to a decline in gold prices despite positive US Services PMI data.

Gold declined to $4,430 amid mixed US economic signals and geopolitical tensions. The market anticipates rate cuts, while central bank demand supports prices, with strong institutional buying expected on dips. – vtmarketsmy.com

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