Back

About: davin

Recent Posts by davin

Despite a 25 basis point rate hike, the yen stayed weak because of the BoJ’s cautious outlook

The Bank of Japan’s interest rate hike to 0.75% failed to bolster the yen, which weakened amidst cautious guidance. Traders anticipate further USD/JPY declines and increased volatility, raising intervention risks. – vtmarketsmy.com

A rally in the pound sterling above 1.34 quickly faded as the US dollar strengthened

The Pound Sterling briefly rallied above 1.34 after a Bank of England rate cut, but struggles persist as it remains range-bound between 1.3300 and 1.3460 amid a stronger US Dollar. – vtmarketsmy.com

After the ECB decision, the Euro lost its gains despite Scotiabank analysts’ hawkish signals.

The Euro weakened after the ECB maintained rates, signaling potential short-term dips. Despite supportive inflation data, a ‘shooting star’ pattern threatens further declines, suggesting investors tread carefully. – vtmarketsmy.com

The Canadian dollar weakens along with its peers due to the strength of the US dollar

The Canadian Dollar is under pressure as the US Dollar strengthens, yet limited downward movement persists due to tight swap spreads. Upcoming trade discussions pose potential risks for the CAD. – vtmarketsmy.com

This week, the US Dollar strengthens against major currencies, especially the Japanese Yen.

The US Dollar rose against major currencies, especially impacting the Japanese Yen, despite a recent interest rate hike in Japan. Market adjustments and inflation uncertainties keep traders on edge. – vtmarketsmy.com

Recent Comments by davin

Back To Top
server

Hello there 👋

How can I help you?

Chat with our team instantly

Live Chat

Start a live conversation through...

  • Telegram
    hold On hold
  • Coming Soon...

Hello there 👋

How can I help you?

telegram

Scan the QR code with your smartphone to start a chat with us, or click here.

Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.

QR code