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Recent Posts by davin

TD Securities reports a steady day for Treasuries ahead of the Fed’s upcoming meeting decision

The US dollar rebounds as the economy strengthens, trading around 105. Upcoming FOMC meeting sparks interest, with traders ready for potential volatility in response to employment data and market shifts. – vtmarketsmy.com

GBP performs better against North American currencies but trades lower against other major currencies

The Pound Sterling is thriving, driven by strong UK economic data, with the Composite PMI hitting 53.9. This puts pressure on the Bank of England, enticing investors to consider GBP/USD strategies. – vtmarketsmy.com

HSBC Asset Management suggests reassessing Silver’s selling potential after a 200% increase amid changing markets

Silver prices have skyrocketed 200% year-on-year, hinting at speculative excess and a possible market correction. With the gold/silver ratio dropping, now may be the time for strategic selling. – vtmarketsmy.com

EUR/USD at 1.1860 sees modest losses as the Dollar weakens ahead of data release

EUR/USD is holding above 1.1850, despite a weaker USD due to intervention fears. With key economic reports upcoming, traders must navigate volatility while considering hedging strategies to protect profits. – vtmarketsmy.com

Canada’s Prime Minister Mark Carney prioritizes trade issues over a free trade agreement with China.

Canada’s Prime Minister Mark Carney ruled out a free trade agreement with China, aligning closer to the U.S. amid rising tensions, which may weaken the Canadian dollar and increase market volatility. – vtmarketsmy.com

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