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Recent Posts by davin

Turkey’s current account balance in November was worse than expected, reaching a deficit of $3.996 billion.

Turkey’s November current account deficit hit $3.996 billion, exceeding expectations and raising alarms about economic stability. Analysts suggest strategies to profit from a weakening lira amid ongoing inflation challenges. – vtmarketsmy.com

Australian dollar weakens against the US dollar as consumer confidence drops

The Australian Dollar weakened as consumer confidence hit a three-month low. With mixed economic signals and uncertainty ahead of key inflation reports, traders brace for potential volatility in the forex market. – vtmarketsmy.com

GBP/USD pair strengthens above 1.3450 and approaches 1.3470 amid US dollar pressure

Political pressure on the US Federal Reserve boosts GBP/USD to 1.3470, amidst threats against Fed Chair Powell. As the US CPI data looms, traders eye volatility and opportunity in currency movements. – vtmarketsmy.com

Minoru Kiuchi calls for quick parliamentary approval of Japan’s 2026 fiscal budget to boost the economy

Japan’s economy minister urges swift approval of the 2026 budget while navigating deflation risks. Currency interventions and bond yield differentials keep the Yen weak, suggesting traders must brace for volatility. – vtmarketsmy.com

GBP/JPY breaks three-week range and hits 214.00, the highest since August 2008

GBP/JPY hits a 15-year high of 214.00, fueled by JPY weakness amid Bank of Japan uncertainty and potential political shifts. Analysts advise cautious trading with derivatives amid heightened volatility. – vtmarketsmy.com

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