EUR/USD slipped below 1.18, but options traders are betting on longer-term dollar weakness. Risk reversals favor euro calls, signaling hedging demand and reinforcing the euro as the top alternative. – vtmarketsmy.com
Dollar strength is back: DXY near 98 as the Fed signals no rush to cut rates. Watch Q4 GDP and PMI; surprises could boost volatility and create options and FX trading opportunities. – vtmarketsmy.com
Pound/dollar slides under 1.35 as weak UK jobs and shrinking yield gaps bite. With key UK sales/PMIs ahead and charts breaking, GBP/USD risks dropping toward 1.33–1.25. – vtmarketsmy.com
GBP/USD slid five days toward 1.3400 as traders await US GDP and core PCE. Weak UK data and a dovish BoE clash with strong US growth, favoring USD; consider puts, shorts, volatility plays. – vtmarketsmy.com
AUD/USD slips to 0.7040 as Australia’s PMI signals cooling growth and softer China demand, dragging iron ore. Meanwhile, strong US jobs and sticky inflation boost dollar, hinting further Aussie weakness. – vtmarketsmy.com
Oil’s surge boosts the Canadian dollar, pushing USD/CAD toward 1.3695. But strong US data and a hawkish Fed could fight back. Watch Canada sales, US GDP/PCE, and geopolitical oil risks. – vtmarketsmy.com
Gold prices in Saudi Arabia slipped Friday: SAR 601.91/gram and SAR 7,020.53/tola. Yet bigger forces—dollar moves, rate-cut expectations, inflation, central-bank buying, and geopolitics—still drive gold. – vtmarketsmy.com
Gold prices in the Philippines dipped Friday: PHP 9,329.38/gram and PHP 108,816/tola. FXStreet converts global gold via USD/PHP. Outlook: weak dollar, Fed pivot hopes, and central-bank buying may lift gold. – vtmarketsmy.com
India’s HSBC Composite PMI slipped to 59.3 in February, hinting growth may be peaking. With inflation at 5.8%, RBI stays hawkish; traders eye higher volatility, straddles, and put-hedges. – vtmarketsmy.com
India’s Services PMI slipped to 58.4, still signaling strong expansion. That slight cooling may reduce RBI rate-hike odds, support NIFTY dips as buys, and nudge USD/INR toward 84.00. – vtmarketsmy.com
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