Monthly Archives: May 2025
Boris Vujčić says Eurozone growth is positive, though low
Written on May 22, 2025 at 12:50 pm, by davin
Eurozone growth is positive but low, with inflation expected to hit 2% by early 2026. Despite dovish remarks from ECB’s Boris Vujčić, the Euro dipped slightly against the Dollar. – vtmarketsmy.com
Francesco Pesole from ING believes a rise in EUR/USD is inevitable as the euro strengthens.
Written on May 22, 2025 at 11:51 am, by davin
European currencies are gaining traction as investors shift away from US assets, driven by concerns over dollar liquidity. Traders anticipate potential EUR/USD movements amid geopolitical tensions and evolving economic conditions. – vtmarketsmy.com
The UK’s S&P Global Composite PMI for May was 49.4, exceeding expectations of 49.3
Written on May 22, 2025 at 11:50 am, by davin
The S&P Global Composite PMI for May, at 49.4, signals slow economic improvement in the UK. While still contracting, resilience in sectors hints at cautious policy expectations ahead. – vtmarketsmy.com
Germany’s IFO expectations exceeded forecasts in May, reaching a score of 88.9
Written on May 22, 2025 at 10:51 am, by davin
Germany’s IFO index rise to 88.9 indicates growing business optimism, while EUR/USD holds strong above 1.1300. Meanwhile, UK GDP slightly improves, and gold retreats, reflecting shifting market dynamics ahead of US PMI data. – vtmarketsmy.com
In May, the Eurozone’s Manufacturing PMI rose slightly, but the sector remained in contraction.
Written on May 22, 2025 at 10:50 am, by davin
Eurozone’s May PMI shows mixed results: manufacturing rises slightly, but services slip into contraction, signaling a cooling economy. Traders should watch for ECB reactions and future economic data impacts. – vtmarketsmy.com
HCOB Manufacturing PMI for the Eurozone drops to 48.4, missing expectations of 49.3
Written on May 22, 2025 at 9:51 am, by davin
Eurozone’s May PMI drops to 48.4, signaling contraction, while the UK improves to 49.4. Gold prices retreat, and Chainlink rises 2%. Forex traders should consider market fluctuations and execution efficiency. – vtmarketsmy.com
In May, Germany’s HCOB Manufacturing PMI reported a figure of 48.8, which was below expectations.
Written on May 22, 2025 at 9:50 am, by davin
Germany’s manufacturing sector continues to struggle as May’s PMI dipped to 48.8, indicating ongoing contraction. This persistent weakness raises concerns for investors and suggests cautious market positioning ahead. – vtmarketsmy.com
Notification of Server Upgrade – May 22 ,2025
Written on May 22, 2025 at 8:57 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be maintenance this weekend. Maintenance Details: Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will be temporarily disabled during the maintenance. You will not be ableContinue Reading
US Dollar recovery leads to a drop in the Australian Dollar’s recent gains
Written on May 22, 2025 at 8:51 am, by davin
The Australian Dollar edges higher against the US Dollar after mixed PMI data, while the US Dollar Index declines. The Reserve Bank of Australia hints at potential further rate cuts amid economic concerns. – vtmarketsmy.com
Here are the FX option expiries for the NY cut at 10:00 AM Eastern Time.
Written on May 22, 2025 at 8:50 am, by davin
Watch out for investment risks in open markets! Significant expiration dates on May 22 could cause price volatility in key currency pairs, impacting your trading strategy amid potential losses. – vtmarketsmy.com