About: davin
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Despite declining US economic performance and rising crude oil prices, USD/CAD stays below 1.3700
USD/CAD faces modest losses as weak US labor data fuels a stronger Canadian Dollar amidst rising oil prices. Traders eye volatility strategies and the upcoming Michigan Consumer Sentiment Index for guidance. – vtmarketsmy.com
Written on February 6, 2026 at 9:11 am
Categories: Live Updates
GBP/USD falls to 1.3550 as expectations for a Bank of England rate cut increase
GBP/USD fell to 1.3550 as expectations for a 25 basis point rate cut by the Bank of England surged from 18.6% to 61%, amidst rising political risks. – vtmarketsmy.com
Written on February 6, 2026 at 9:11 am
Categories: Live Updates
WTI oil price nears $64.00 after bouncing back from earlier losses, ahead of US-Iran negotiations
WTI Oil is rebounding slightly at $63.90, despite a potential weekly decline. Influencing factors include upcoming US-Iran talks and strong Asian demand, while cold snaps boost distillate need. – vtmarketsmy.com
Written on February 6, 2026 at 9:11 am
Categories: Live Updates
GBP/USD trades around 1.3560 in the Asian session after bouncing back from 1.3520 support
GBP/USD rebounds to 1.3560 but faces bearish signals. With potential for further decline due to differing central bank policies, traders should consider strategies like put options for capitalizing on expected weakness. – vtmarketsmy.com
Written on February 6, 2026 at 9:10 am
Categories: Live Updates
Gold prices increased in Saudi Arabia today, according to compiled data.
Gold prices are rising in Saudi Arabia, driven by central bank demand and economic shifts. As geopolitical tensions persist, traders should prepare for potential upward movements in gold. – vtmarketsmy.com
Written on February 6, 2026 at 8:10 am
Categories: Live Updates
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