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Recent Posts by davin

Spain’s 9-month Letras auction yield rises from 1.965% to 1.999%

Spain’s 9-month letras yield rose to 1.999%, highlighting economic pressures and impacting Eurozone debt markets. Traders should prepare for sustained higher rates amid ongoing inflation challenges and risks in fixed-income stability. – vtmarketsmy.com

During a meeting, Premier Li Qiang assured IMF and World Bank leaders that China will meet its economic goals.

The upcoming Job Openings and Labor Turnover Survey predicts 7.2 million openings, signaling a cooling labor market. Traders are advised to capitalize on this while hedging against increased volatility amid global economic concerns. – vtmarketsmy.com

The price of silver rises to $58.82 per troy ounce, up by 1.18%

Silver prices soared to $58.82 per ounce, reflecting a 103.57% increase this year, fueled by industrial demand and low interest rates. The declining Gold/Silver ratio indicates silver’s strong performance against gold. – vtmarketsmy.com

USD/JPY pulls back slightly after reaching 156.40; BoJ’s Ueda confirms interest rate intentions

USD/JPY dipped to 156.10 amid Japan’s economic struggles and a significant earthquake, while the Fed’s anticipated rate cut could weaken the dollar. Volatility is high, signaling possible market swings. – vtmarketsmy.com

USD/MXN recovers after dipping to 18.20, but analysts note resistance near 18.40

The USD/MXN exchange rate faces critical resistance around 18.40; failure to break through may indicate further declines. Traders eye strategies as market conditions shift ahead of Fed decisions. – vtmarketsmy.com

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