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Recent Posts by davin

Despite global low performance, the Canadian dollar surged against the weakened US dollar.

The Canadian Dollar hits a six-month high against the US Dollar, boosted by rising oil prices and steady interest rates. Key economic factors may drive further currency movements. – vtmarketsmy.com

TD Securities analysts predict stable interest rates from the FOMC, suggesting possible future easing

TD Securities predicts the FOMC will hold interest rates steady, as Chair Powell avoids immediate cuts. Traders should sell into USD rallies and explore range-trading strategies amid a cautious market outlook. – vtmarketsmy.com

Market mood dampens as US Dollar Index hits February 2022 lows ahead of the Fed’s decision

The US Dollar Index is at its lowest since February 2022 due to geopolitical tensions and weak employment data. Meanwhile, gold prices surge, and currencies like AUD strengthen amidst uncertainty. – vtmarketsmy.com

NAB’s December business survey indicates a possible RBA rate hike, boosting the AUD

The Reserve Bank of Australia is likely to raise interest rates soon due to rising business confidence and inflation data, boosting the Australian Dollar. Traders should prepare for market volatility and risks. – vtmarketsmy.com

Gold continues its seven-day rally amid rising geopolitical tensions and potential currency interventions.

Gold prices are surging due to US-South Korea trade tensions, escalating to $5,091. With weak consumer confidence and a declining US Dollar, analysts predict gold could reach $6,000 by 2026. – vtmarketsmy.com

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