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Recent Posts by davin

Silver prices rise to $97.83, up 1.77% from yesterday.

Silver prices surged to $97.83 per ounce, climbing 1.77% in one day and 37.63% year-to-date. Geopolitical factors and industrial demand fuel this upward trend, making shorting silver risky. – vtmarketsmy.com

In January, the UK’s S&P Global Manufacturing PMI rose to 51.6, up from 50.6.

UK manufacturing shows growth as the PMI rises to 51.6, boosting GBP against the USD. Meanwhile, gold nears $5,000 amid inflation concerns, highlighting market divergences and investment opportunities. – vtmarketsmy.com

Bank of America sharply declined below trendline support after Trump’s credit card loan cap.

Bank of America faces bearish trends after a price drop due to President Trump’s credit card policy. Analysts predict further declines, suggesting traders adopt bearish strategies, particularly around resistance near $54.50. – vtmarketsmy.com

UOB Group analysts predict the Euro will rise to 1.1805 eventually.

The Euro is projected to strengthen against the US Dollar, aiming for 1.1805 resistance. Analysts suggest favorable trading strategies hinge on maintaining strong support at 1.1675 amidst diverging economic signals. – vtmarketsmy.com

The service sector slowdown keeps the Eurozone’s flash composite PMI at 51.5

The Eurozone’s January PMI signals economic stagnation, with service sector slowdown offsetting gains in manufacturing. Germany outperforms France, but risks remain if PMI data disappoints, influencing currency and rates. – vtmarketsmy.com

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