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Recent Posts by davin

EUR/JPY shows strength above 182.50, gaining close to 182.75

EUR/JPY is rising towards 182.82, with market tension ahead of the Bank of Japan’s anticipated interest rate hike. Traders are preparing for potential volatility as key decisions approach. – vtmarketsmy.com

UK’s GDP and industrial production data to be released by ONS at 07:00 GMT

UK’s October GDP data reveals a surprising contraction, while the pound strengthens against the dollar amid the Fed’s interest rate cut. Traders face potential volatility despite cautious market optimism. – vtmarketsmy.com

The Indian rupee weakens as USD/INR hits a record 90.86 due to trade concerns

The Indian Rupee nears 90.86 against the US Dollar, fueled by a lack of a US-India trade deal and significant foreign selling. Traders eye volatility for potential buying opportunities amidst uncertainty. – vtmarketsmy.com

Gold prices in Malaysia have decreased, according to today’s market trend data.

Gold prices in Malaysia fell slightly, indicating a potential buying opportunity. Central banks continue to increase reserves, supporting prices amid expectations of Federal Reserve rate cuts influencing market dynamics significantly. – vtmarketsmy.com

Japan’s capacity utilisation rises to 3.3%, up from 2.5%

Japan’s industrial growth signals economic strength, while the US Dollar weakens, impacting markets. UK GDP declines surprise analysts, and gold remains strong. Bitcoin and Ethereum show potential for a rally. – vtmarketsmy.com

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