About: davin
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Bob Savage from BNY highlights the potential for the Australian dollar as the RBA gets ready to increase rates.
The Australian Dollar may rise following a rate hike by the Reserve Bank of Australia, driven by inflation. Traders should prepare for increased volatility and consider AUD/USD options for potential gains. – vtmarketsmy.com
Written on February 2, 2026 at 5:10 pm
Categories: Live Updates
The Euro weakens against the US Dollar, trading at 1.1845 as manufacturing data is awaited.
EUR/USD hovers near 1.1850 after a drop, influenced by strong US manufacturing data and Kevin Warsh’s Fed nomination, signaling a potential bearish trend ahead of crucial economic releases. – vtmarketsmy.com
Written on February 2, 2026 at 5:09 pm
Categories: Live Updates
Despite positive Eurozone data, the Euro weakens against the US Dollar, trading at 1.1845.
The Euro rises against the Swiss Franc, while the Dollar remains steady. Upcoming US economic data may surprise markets. Traders consider strategies as volatility increases ahead of crucial ECB and payroll reports. – vtmarketsmy.com
Written on February 2, 2026 at 5:09 pm
Categories: Live Updates
The Euro trades at 1.1845 against the US Dollar, awaiting US manufacturing activity figures.
EUR/USD stabilizes around 1.1850 amid a strong US Dollar, fueled by Kevin Warsh’s Fed nomination. Market awaits key US manufacturing data, which could further drive the Euro lower. – vtmarketsmy.com
Written on February 2, 2026 at 5:09 pm
Categories: Live Updates
Gold prices recover slightly to around $4,766 after steep decline, but still remain low
Gold prices are attempting a recovery at $4,766, though they remain 15% below recent highs. Central bank demand may provide long-term support, while interest rates and dollar strength influence short-term trends. – vtmarketsmy.com
Written on February 2, 2026 at 4:11 pm
Categories: Live Updates
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