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About: davin
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In January, the Richmond Fed Manufacturing Index surpassed expectations, registering -6 instead of -8.
Richmond Fed’s manufacturing index improved slightly to -6, signaling ongoing contraction. Meanwhile, a weak US dollar boosts the Euro and gold, presenting trading opportunities ahead of the Fed meeting. – vtmarketsmy.com
Written on January 27, 2026 at 10:08 pm
Categories: Live Updates
Commerzbank points out that the Canadian Dollar is the weakest among G10 currencies due to renewed risks in the US.
The Canadian Dollar struggles against US trade risks and remains the G10’s weakest currency. A slow recovery is expected unless trade agreements improve, impacting future market strategies. – vtmarketsmy.com
Written on January 27, 2026 at 10:07 pm
Categories: Live Updates
During earnings season, the Magnificent Seven tech firms will soon share their performance from the last quarter.
The US earnings season is critical this week, with major tech companies like Meta, Microsoft, and Tesla reporting results. Anticipated volatility and geopolitical tensions highlight a shift towards commodities amid big tech’s struggles. – vtmarketsmy.com
Written on January 27, 2026 at 9:08 pm
Categories: Live Updates
The Canadian dollar strengthens against the US dollar, hitting six-month lows because of ongoing US weakness.
USD/CAD hits six-month lows amid dollar weakness and looming interest rate decisions. Trade tensions and policy divergence between the Fed and Bank of Canada complicate the outlook for both currencies. – vtmarketsmy.com
Written on January 27, 2026 at 9:08 pm
Categories: Live Updates
Recent polls show declining approval for Japan’s LDP, which could impact the value of the Japanese Yen.
Japan’s ruling LDP faces declining approval ratings, raising concerns over its election performance and potential fiscal policies. The yen strengthens against the dollar as traders anticipate political uncertainties affecting currency dynamics. – vtmarketsmy.com
Written on January 27, 2026 at 9:07 pm
Categories: Live Updates
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