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Recent Posts by davin

Silver prices near $75.40 as safe-haven demand rises after US attack on Venezuela

Silver prices surged to $75.40 after US military action in Venezuela heightened safe-haven demand. Geopolitical tensions and potential interest rate cuts could further influence prices—traders should watch closely. – vtmarketsmy.com

Governor Ueda suggests that interest rate hikes will continue if the economy meets projections.

The Bank of Japan is poised for more interest rate hikes, aiming to stabilize prices and foster growth. With the yen weak against the dollar, potential market shifts are on the horizon. – vtmarketsmy.com

NZD/USD pair rebounds slightly above mid-0.5700s after hitting a one-month low

The NZD/USD struggles to rise amid a strong US Dollar influenced by geopolitical tensions. Potential Fed rate cuts may limit USD gains, while China’s economic health impacts NZD. Watch for market volatility! – vtmarketsmy.com

China’s Services PMI decreased to 52.0 in December, down from 52.1 in November

China’s Services PMI drop and weakening iron ore prices are pressuring the Australian Dollar, which fell 0.15% against the US Dollar. Caution and bearish options strategies are recommended for traders. – vtmarketsmy.com

In December, China’s Services PMI from RatingDog decreased from 52.1 to 52.

China’s Services PMI dipped to 52, indicating slowing economic momentum. This could impact markets, prompting strategies like buying put options on the AUD/USD to hedge against weaker demand from China. – vtmarketsmy.com

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