About: davin
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EUR/USD hovers near 1.1900 in Asia as traders await US payrolls data for direction
EUR/USD’s story just flipped: once a buy-the-dip trade near 1.1900, it’s now around 1.0750 as US jobs and inflation stay hot, ECB weakens—favoring selling rallies and options strategies. – vtmarketsmy.com
Written on February 11, 2026 at 6:09 am
Categories: Live Updates
The PBOC set the USD/CNY midpoint at 6.9438 vs. 6.9458 prior and 6.9109 forecast
PBOC fixed USD/CNY at 6.9438, weaker than forecasts to cap yuan strength. With slowing growth and exports, China may guide depreciation toward 7.00—prompting traders to consider CNH options. – vtmarketsmy.com
Written on February 11, 2026 at 6:09 am
Categories: Live Updates
MUFG’s Michael Wan says Bhumjaithai’s strong election result boosts stability perceptions and supports the Thai baht
Thailand’s baht is gaining momentum: improved post-election stability, a weaker US dollar, record tourism inflows, and steady Thai rates boost THB. Traders may target USD/THB declines via options. – vtmarketsmy.com
Written on February 11, 2026 at 6:09 am
Categories: Live Updates
XAU/USD slips to around $5,045 in the early Asian session as traders await US jobs data for direction
Gold slid to $5,045 as traders await delayed US jobs and CPI data. A stronger dollar pressures prices, but US-Iran tensions and record central-bank buying could support a rebound. – vtmarketsmy.com
Written on February 11, 2026 at 6:09 am
Categories: Live Updates
Societe Generale analysts say the yuan has risen for 11 straight weeks, pushing USD/CNY near the 6.90 threshold
China’s yuan has rallied 11 weeks, pushing USD/CNY near 6.90. Policy support and capital inflows may break it, but weak property data and February PMI could trigger reversal—traders eye options. – vtmarketsmy.com
Written on February 11, 2026 at 5:09 am
Categories: Live Updates
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