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Pooja Kumra notes that GBP spreads have widened throughout the curve, particularly in the middle section.
GBP spreads are rising, influenced by favorable UK policies and anticipated rate cuts from the Bank of England, contrasting with stable US rates. Traders may benefit from this divergence. – vtmarketsmy.com
Written on February 3, 2026 at 8:09 pm
Categories: Live Updates
The year-on-year Redbook Index for the United States dropped from 7.1% to 6.7%
Consumer spending growth has slowed to 6.7% from 7.1%, signaling potential retail market volatility. As inflation impacts behavior, defensive strategies and monitoring Fed policies become essential for traders. – vtmarketsmy.com
Written on February 3, 2026 at 8:09 pm
Categories: Live Updates
The dollar is seen positively due to strong economic indicators, especially a surprising increase in manufacturing.
Deutsche Bank’s report predicts a stronger US Dollar driven by rising ISM manufacturing data and decreasing rate cut expectations. Traders should consider strategies favoring the dollar as economic resilience continues. – vtmarketsmy.com
Written on February 3, 2026 at 8:09 pm
Categories: Live Updates
Caution surrounds EUR/GBP near 0.8630, close to a five-month low as central bank decisions approach
EUR/GBP hovers around 0.8630 as markets await ECB and BoE interest rate decisions. A cautious outlook in the UK amid rising inflation may prompt strategic trading adjustments in the coming weeks. – vtmarketsmy.com
Written on February 3, 2026 at 8:09 pm
Categories: Live Updates
Analysts from OCBC Bank, Sim Moh Siong and Christopher Wong, observe that gold prices are stabilizing after recent declines.
Gold prices are stabilizing after dropping from $5,500 to $4,402. Support levels are crucial; a break below $4,400 could indicate deeper corrections. Traders should consider options strategies amid market volatility. – vtmarketsmy.com
Written on February 3, 2026 at 7:09 pm
Categories: Live Updates
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