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Dollar set to break 5-week losing streak as Fed rate cut expectations diminish

The U.S. dollar is on track to snap a five-week losing streak, trading near a one-week high against major peers on Friday. This rebound comes as robust U.S. economic data has led traders to pare back their bets on aggressive Federal Reserve interest rate cuts. -vtmarkets.com

The British pound faces key test as it retreats from 2024 highs

Key Points: The British pound saw a pullback retreating from its recent gains against the U.S. dollar. Despite this decline, the pound remains close to its 2024 high of $1.3269. For enthusiasts, limiting the decline to a shallow slide could signal a growing bid for cable, especially given the underlying support from rate differentials. Picture:Continue Reading

Yuan firms against dollar as markets await key U.S. inflation and China PMI data

Key Points: The Chinese yuan (Symbol: USDCNH) recovered from three consecutive sessions of decline as traders brace for significant economic data releases, including the U.S. inflation report and China’s manufacturing PMI. The movement of the Chinese yuan has largely been constrained within a narrow trading range, with market participants closely monitoring the U.S. dollar andContinue Reading

Dividend Adjustment Notice – Aug 29,2024

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

Notification of Trading Adjustment in Holiday(Update)

Dear Client, Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the affected products: Notification of Trading Adjustment in Holiday(Update) Note: The dash sign (-) indicates normal trading hours. Friendly Reminder: The above data is for reference only, please refer to the MT4/MT5Continue Reading

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