Oil prices are propped up by geopolitics, not fundamentals. Geneva talks and OPEC+ decisions could erase the risk premium, exposing surplus supply, rising inventories, and triggering a sharp decline. – vtmarketsmy.com
WTI is stuck at $62–$63, awaiting US-Iran nuclear talks. Geopolitical tensions and possible OPEC+ output hikes cap gains, while surprise inventory draws support prices. Options traders eye breakout straddles. – vtmarketsmy.com
USD/JPY rose to 153.60 on thin holiday liquidity. Weak Japan GDP hit the yen and delayed BOJ hikes. With wide US-Japan rate gaps, traders favor yield plays—hedge intervention risk. – vtmarketsmy.com
GBP/USD hovered near 1.3645 awaiting UK jobs and inflation data. A year later, BoE rate cuts and softer wages contrast with stronger US inflation and delayed Fed easing, driving sterling lower. – vtmarketsmy.com
Eurozone output dipped 1.4% in December, slightly better than forecasts—sparking brief relief. But weak PMI and sticky inflation keep ECB cautious, limiting rallies; traders eye cautious options plays. – vtmarketsmy.com
RBNZ may hold rates at 2.25% but signal hikes as inflation stays high. A hawkish shift could lift an underheld NZD, boosting crosses; traders eye calls amid volatility. – vtmarketsmy.com
Russia’s central bank cut rates to 15.5% and signaled more cuts ahead, despite higher inflation forecasts. Lower oil and surplus projections point to a weaker rouble, with USD/RUB seen returning toward 100. – vtmarketsmy.com
EUR/JPY jumps past 182 as weak Japan GDP dents the Yen, but stubborn Japanese inflation and fragile Eurozone data hint reversal. Traders eye put options amid rising volatility and looming central-bank decisions. – vtmarketsmy.com
Silver can’t catch a bid: stuck below $80 amid choppy trading and bearish momentum. Higher inflation, elevated rates, falling ETF holdings, and gold outperformance hint at downside toward $64. – vtmarketsmy.com
Japan’s weak Q4 GDP hit Yen hopes, lifting USD/JPY above 153 and later 158.50. Softer BoJ hike bets and sticky US inflation favor upside; watch supports 155, 152, 150.60. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
