Monthly Archives: May 2025
Canadian dollar strengthens by half a percent as the greenback weakens amidst market activity
Written on May 22, 2025 at 3:50 am, by davin
The Canadian Dollar strengthened by 0.5% amid low trading as housing prices contracted unexpectedly, boosting affordability. Rising crude oil prices also supported the Loonie, despite US debt issues affecting market confidence. – vtmarketsmy.com
US dollar falls to two-week low amid rising concerns over fiscal issues and economic performance
Written on May 22, 2025 at 2:51 am, by davin
The US Dollar has hit two-week lows due to fiscal concerns and weak economic signals, affecting currency pairs like EUR/USD and GBP/USD. Key economic data releases loom, potentially influencing trends. – vtmarketsmy.com
Rising UK inflation drives GBP/USD to yearly peak of 1.3468, impacting interest rates
Written on May 22, 2025 at 2:50 am, by davin
The British Pound hit a yearly high of 1.3468 against the US Dollar, driven by rising UK inflation. This upward trend suggests potential further gains if momentum persists amid monetary policy expectations. – vtmarketsmy.com
UK inflation rises, complicating BoE rate cuts and pushing GBP/USD to a yearly high of 1.3468
Written on May 22, 2025 at 1:51 am, by davin
UK inflation surged to 3.5%, prompting a reassessment of the Bank of England’s rate strategy and driving the British Pound higher against major currencies. Economic developments shape market volatility. – vtmarketsmy.com
NZD strengthens against USD as US trade surplus boosts Kiwi confidence
Written on May 22, 2025 at 1:50 am, by davin
The New Zealand Dollar (NZD) is gaining strength against the US Dollar, driven by a historic trade surplus and robust agricultural exports, particularly dairy. Economic conditions in the US and China impact its trajectory. – vtmarketsmy.com
The US Dollar Index drops 1.3% to near 99.58 after three days
Written on May 22, 2025 at 12:51 am, by davin
The US Dollar Index has dropped 1.3% to 99.58, influenced by Trump’s domestic and foreign challenges. With rate cuts uncertain, market sentiment shifts could impact future dollar strength. – vtmarketsmy.com
Silver rises to approximately $33.20 during North American trading after US credit downgrade
Written on May 22, 2025 at 12:50 am, by davin
Silver prices soared to nearly $33.20, driven by a weakening US Dollar after Moody’s credit downgrade. Geopolitical tensions and strong industrial demand further bolster Silver’s attractiveness in uncertain times. – vtmarketsmy.com
European equities are likely to outperform the market for the rest of Q2 2025.
Written on May 21, 2025 at 11:51 pm, by davin
US stocks show surprising strength despite rising bond yields and lower earnings expectations, buoyed by retail trader activity and strong Q1 performance. Retail inflows may sustain market recovery momentum. – vtmarketsmy.com
ICL Group Ltd earnings reached $91 million, but revenues declined compared to last year
Written on May 21, 2025 at 11:50 pm, by davin
ICL Group’s Q1 2025 profit decreased to $91 million, but adjusted earnings exceeded expectations. Sales rose 2%, driven by Industrial Products growth, despite Potash price declines. Investor confidence remains strong. – vtmarketsmy.com
The Japanese yen strengthens while the US dollar weakens due to changing economic conditions and central bank perspectives
Written on May 21, 2025 at 10:51 pm, by davin
The US Dollar has weakened against the Yen, dropping below 144.00 after Moody’s downgraded the US credit rating. Japan’s potential interest rate hikes may further bolster the Yen amidst economic shifts. – vtmarketsmy.com