About: davin
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The Euro dipped below 0.8700 against the Pound but is still on track for a weekly gain.
The EUR/GBP pair dipped below 0.8700 despite a positive week. Central bank policies and disappointing German data shape the outlook, hinting at limited future upsides and a potential pullback. – vtmarketsmy.com
Written on February 6, 2026 at 2:09 pm
Categories: Live Updates
Jan von Gerich’s report from Nordea highlights the USD’s rebound against the EUR and JPY but predicts a long-term bearish trend as investors seek alternatives.
The USD is rebounding against the EUR and JPY, showing temporary strength despite a long-term bearish forecast. Investors are urged to research independently and consider strategies amid potential currency volatility. – vtmarketsmy.com
Written on February 6, 2026 at 2:09 pm
Categories: Live Updates
In January, Switzerland’s foreign currency reserves decreased from 725 billion to 712 billion.
Switzerland’s currency reserves fell, prompting potential shifts in monetary policy. Traders should watch for signals from the Swiss National Bank, particularly regarding the strengthening of the franc against the euro. – vtmarketsmy.com
Written on February 6, 2026 at 1:09 pm
Categories: Live Updates
Switzerland’s unemployment rate falls from 3% to 2.9% in January
Switzerland’s unemployment rate dropped to 2.9% in January, signaling a resilient labor market. This could mean a stronger Swiss franc and opportunities for investors in equities and currency trading. – vtmarketsmy.com
Written on February 6, 2026 at 1:09 pm
Categories: Live Updates
In January, Austria’s wholesale prices increased to 0.4% year-on-year, up from 0.1% previously.
Austria’s wholesale prices rose 0.4% in January, reflecting economic shifts. Meanwhile, gold prices rise amid market uncertainty, while cryptocurrencies face significant downturns, leading to cautious trading strategies. – vtmarketsmy.com
Written on February 6, 2026 at 1:09 pm
Categories: Live Updates
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