Monthly Archives: September 2024
Dollar stabilises as aggressive rate cut expectations ease
Written on September 18, 2024 at 3:10 am, by anakin
The dollar regained some strength ahead of the Federal Reserve’s highly anticipated interest rate decision, scheduled for later in the day. It has steadied at $1.1119 per euro, slightly off from its recent low of $1.1201. -vtmarkets.com
FOMC: Here’s why we’d love to see the Fed cut by 50 basis points in September
Written on September 17, 2024 at 8:52 am, by anakin
A more aggressive cut to stimulate the economy comes with risk—but there are opportunities for savvy traders to take advantage of. Read the article to learn about smart trading moves you can make to seize the opportunities. -vtmarkets.com
Dollar continues downward trajectory as markets eye Fed rate cut
Written on September 17, 2024 at 8:37 am, by anakin
As the dollar remains near its lowest levels this year, markets are poised for a potential U.S. Federal Reserve rate cut that could shift currency movements across the board. Traders are pricing in either a 25 or 50 basis point cut, leading to speculation about its impact on major currencies like the yen, euro, and sterling. -vtmarkets.com
Dividend Adjustment Notice – Sep 17,2024
Written on September 17, 2024 at 7:31 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading
Dollar-yen pair under scrutiny as traders eye central bank moves
Written on September 17, 2024 at 6:47 am, by anakin
Tokyo’s markets reopened on Tuesday after a long weekend, but traders appeared hesitant to push the yen back toward the strong 140 per dollar mark. Earlier, low liquidity had driven the yen briefly beyond this level. -vtmarkets.com
Oil prices surge on rate cut hopes, but demand worries linger
Written on September 16, 2024 at 10:15 am, by anakin
Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com
Dollar weakens against yen as Fed rate cut looms
Written on September 16, 2024 at 9:29 am, by anakin
The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, a level last seen in December 2022. -vtmarkets.com
Dividend Adjustment Notice – Sep 16,2024
Written on September 16, 2024 at 1:18 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading
Oil rises for 3rd straight session on supply concerns in Mexico
Written on September 14, 2024 at 6:21 am, by anakin
Oil prices rise for the third straight session, supported by supply concerns from Hurricane Francine in the Gulf of Mexico. However, demand worries persist, especially from China. -vtmarkets.com
US stock indices hold steady as markets anticipate rate cuts and inflation data
Written on September 14, 2024 at 3:42 am, by anakin
US stock indices remained firm, indicating that the positive momentum from Thursday’s session could continue. Wall Street has been riding a wave of optimism, with the S&P 500 (Symbol: SP500) gaining 0.75%, the Dow Jones (Symbol: DJ30) rising 0.58%, and the Nasdaq Composite (Symbol: NAS100) climbing 1%. -vtmarkets.com
