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Recent Posts by davin

USD/CHF drops to around 0.8090 after a three-month high, as USD weakens

The USD/CHF pair dips below 0.8100 amid a prolonged US government shutdown, providing a lucrative options trading opportunity. Speculation on interest rates looms as volatility escalates, hinting at future price swings. – vtmarketsmy.com

In September, Singapore’s retail sales dropped from 0.5% to -1.4%

Singapore’s retail sales dropped to -1.4%, hinting at changing consumer behavior. With global economic shifts and currency fluctuations, traders should stay alert to market volatility and potential opportunities. – vtmarketsmy.com

US Dollar Index trades around 100.15 in Asia during ongoing US government shutdown

The US Dollar Index fell to 100.15 due to the longest government shutdown in history, reducing the likelihood of interest rate cuts and increasing currency volatility. Traders may need to adjust strategies. – vtmarketsmy.com

The Chinese Finance Ministry plans to soon reduce tariffs on American agricultural products.

China plans to lift tariffs on US agricultural goods starting November 10th, signaling a potential easing of trade tensions. This move may boost soybean prices and provide short-term trading opportunities. – vtmarketsmy.com

USD/INR trading remains subdued around 88.70 due to India’s bank holidays

The USD/INR exchange rate remains above 88.50 amid subdued activity due to a bank holiday. The prolonged US government shutdown impacts the dollar, while the Indian Rupee faces foreign fund outflows. – vtmarketsmy.com

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