About: davin
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Decreased hedging costs boost euro demand and strengthen EUR/USD in Asia
EUR/USD is rising as hedging costs decrease for Eurozone investors, boosting demand. Favorable terms of trade and expectations of Fed rate cuts suggest a bullish outlook, eyeing resistance near 1.17. – vtmarketsmy.com
Written on December 3, 2025 at 11:56 am
Categories: Live Updates
Spain’s Services PMI recorded 55.6, below the expected 56.2
Spain’s HCOB Services PMI fell to 55.6, affecting the Euro’s strength against the US Dollar, while Bitcoin surges past $92,000. Economic shifts signal caution in global trading dynamics. – vtmarketsmy.com
Written on December 3, 2025 at 10:57 am
Categories: Live Updates
Gold remains near its daily low during the European session but stays above $4,200
Gold hovers above $4,200, supported by a weak US Dollar and market anticipation of a Federal Reserve rate cut. Geopolitical tensions bolster its safe-haven appeal amidst cooling economic signals. – vtmarketsmy.com
Written on December 3, 2025 at 10:56 am
Categories: Live Updates
Investors wonder if SoFi Technologies’ stock rise towards $32 indicates a possible breakout.
SoFi Technologies (SOFI) stock soared to an all-time high of $32 in 2025, boosted by subscriber growth and diversification. Traders are eyeing bullish strategies ahead of the upcoming earnings report. – vtmarketsmy.com
Written on December 3, 2025 at 10:56 am
Categories: Live Updates
Switzerland’s Consumer Price Index shows 0% year-on-year change, falling short of expectations
Switzerland’s CPI stagnates at 0%, prompting speculations of a rate cut by the Swiss National Bank. The Pound and Euro are stable, while Bitcoin surges past $92,000. Don’t miss trading opportunities! – vtmarketsmy.com
Written on December 3, 2025 at 10:56 am
Categories: Live Updates
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