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Monthly Archives: May 2025

Canada’s April Raw Material Price Index falls short of projections at minus three percent.

Written on May 22, 2025 at 5:50 pm, by

Canada’s Raw Material Price Index fell 3%, hinting at economic challenges. The strong US dollar impacts forex rates, while gold remains stable. Bitcoin hits $110k, but larger investors are cautious. – vtmarketsmy.com

British Pound hesitates as UK PMI manufacturing data reflects diverging economic conditions

Written on May 22, 2025 at 4:51 pm, by

The Pound Sterling slightly dipped as UK manufacturing faltered. With upcoming US economic data, traders must navigate mixed signals, technical patterns, and shifting interest rates for future currency movements. – vtmarketsmy.com

Mexico’s GDP growth matches expectations at 0.8% year-on-year in the first quarter

Written on May 22, 2025 at 4:50 pm, by

Mexico’s GDP grew 0.8% in early 2025, signaling steady economic progress. Meanwhile, Bitcoin surged past $110,000, reflecting market enthusiasm amid fluctuating conditions. Keep an eye on evolving market trends! – vtmarketsmy.com

In the first quarter, Mexico’s GDP growth matches forecasts at 0.2% quarter over quarter.

Written on May 22, 2025 at 3:51 pm, by

Mexico’s GDP grew by 0.2% in Q1, reflecting steady but slow economic expansion. Mixed manufacturing signals and stable domestic consumption suggest cautious market behavior and limited policy adjustments ahead. – vtmarketsmy.com

Japanese Yen shows slight increase against US Dollar, reports Osborne

Written on May 22, 2025 at 3:50 pm, by

The Japanese Yen slightly strengthened against the US Dollar amid mixed economic data. Bitcoin surged past $110,000 during Pizza Day, while global markets reacted cautiously to fluctuating PMIs and bond stability. – vtmarketsmy.com

Osborne explains why the Pound is performing well against the US Dollar despite a poor manufacturing PMI

Written on May 22, 2025 at 2:51 pm, by

Investing carries inherent risks, especially with currencies like Pound Sterling. Recent data indicates caution among traders, highlighting the need for thorough research and effective risk management strategies before engaging. – vtmarketsmy.com

Scotiabank reports CAD stability with a positive technical outlook, despite a slight decline caused by the rise of the USD.

Written on May 22, 2025 at 2:50 pm, by

The Canadian Dollar has slightly weakened against a firm US Dollar, as inflation concerns linger. Meanwhile, Bitcoin hits a new high, revealing a divide between retail enthusiasm and institutional caution. – vtmarketsmy.com

Weak May PMI data reinforces the RBA’s dovish stance, leading to a decline in AUD/USD

Written on May 22, 2025 at 1:51 pm, by

The Australian dollar struggles as weak PMI data raises rate cut expectations from the RBA. With the AUD/USD hovering near critical support, traders are cautious amid evolving economic signals. – vtmarketsmy.com

USD/JPY declines as the Bank of Japan shows caution amid rising Japanese bond yields

Written on May 22, 2025 at 1:50 pm, by

Japan’s economy shows signs of contraction with mixed PMI data, while yields rise despite the BOJ’s cautious bond purchase cuts. Market anticipates possible interest rate hikes amid economic uncertainty. – vtmarketsmy.com

Euro weakens during European trading, causing EUR/USD to drop near 1.1300 after weak PMIs

Written on May 22, 2025 at 12:51 pm, by

Tensions from the Russian-Ukrainian conflict and weak Eurozone data are driving the Euro down against the stronger dollar. Market volatility remains high, making trading decisions crucial. – vtmarketsmy.com

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