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Recent Posts by davin

In November, the Eurozone’s year-on-year Producer Price Index exceeded expectations at -1.7%

Eurozone’s Producer Price Index fell 1.7% in November, less than expected, signaling easing deflation. This may affect ECB policies, impacting Euro trading and market volatility. – vtmarketsmy.com

Eurozone Producer Price Index rises 0.5%, exceeding the expected 0.2% increase.

Eurozone Producer Price Index rose 0.5%, hinting at inflation pressures. Meanwhile, gold drops as market behavior repeats. Investors stay cautious ahead of US Nonfarm Payrolls; dollar gains strength. – vtmarketsmy.com

Silver’s price falls to $75.92 per troy ounce, a 3.05% decrease according to recent data

Silver prices fell 3.05% to $75.92, though up 6.80% this year. The growing Gold/Silver ratio indicates shifts in value, presenting potential buying opportunities amidst volatility and inflation concerns. – vtmarketsmy.com

Pound Sterling expected to reach 1.3435, with support at 1.3400 holding strong

Pound Sterling (GBP) is likely to fluctuate between 1.3400 and 1.3535, with downside risks looming. Economic data supports a bearish outlook, making strategic trading essential as key support levels are tested. – vtmarketsmy.com

USD/MXN continues its downward trend toward support after rejection at the 50-day moving average

USD/MXN is struggling as it tests support near 17.85–17.80 after failing to maintain above 18.22. Analysts predict a drop towards July 2024 lows of 17.60 if this support fails. – vtmarketsmy.com

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