Monthly Archives: May 2025
In April, Canada’s annual New Housing Price Index fell from 0.1% to -0.6%
Written on May 21, 2025 at 10:50 pm, by davin
Canada’s housing prices dipped to -0.6%, signaling potential market cooling. Meanwhile, Bitcoin surged past $109,500. Currency volatility increases with a weaker US dollar, suggesting a complex financial landscape ahead. – vtmarketsmy.com
In April, Canada’s New Housing Price Index dropped by 0.4%, missing the expected 0.1% decline.
Written on May 21, 2025 at 9:51 pm, by davin
Canada’s housing market shows signs of cooling with a 0.4% price drop. Meanwhile, Bitcoin surges near $109,500 amid a weak US dollar. Investors should tread carefully in uncertain times. – vtmarketsmy.com
The Canadian dollar rises against the US dollar due to surprising inflation data.
Written on May 21, 2025 at 9:50 pm, by davin
The Canadian Dollar strengthens against the US Dollar due to unexpected inflation drives, despite headline CPI drops. Market watchers are focusing on upcoming Canadian Retail Sales and US economic indicators. – vtmarketsmy.com
Gold prices near technical resistance levels amid rising concerns over tensions and political uncertainties in the Middle East
Written on May 21, 2025 at 8:51 pm, by davin
Interest rates influence gold prices, creating a delicate balance. With rising geopolitical tensions and cautious U.S. policies, gold may surge past $3,324, highlighting its appeal as a safe-haven asset. – vtmarketsmy.com
Scotiabank’s strategist notes a 0.4% increase in JPY against USD amid a decline in the USD.
Written on May 21, 2025 at 8:50 pm, by davin
The Japanese Yen gained 0.4% against the US Dollar amid a weaker Dollar. Market focus is on rising bond yields, hinting at the Bank of Japan’s policy shift and potential investor challenges ahead. – vtmarketsmy.com
Pound Sterling rises against the US Dollar due to unexpected inflation data, says Osborne
Written on May 21, 2025 at 7:51 pm, by davin
EUR/USD remains strong amid US dollar weakness from trade tensions and fiscal concerns. With rising inflation in the UK affecting GBP/USD, cautious optimism prevails as markets brace for volatility. – vtmarketsmy.com
Analysts note the Australian dollar at 0.6445 after a dovish RBA announcement
Written on May 21, 2025 at 7:50 pm, by davin
The Australian Dollar dropped to 0.6445 after the Reserve Bank’s dovish tone, with resistance at 0.6460 and support at 0.6420. External factors, including a weaker US Dollar, limited the decline. – vtmarketsmy.com
US dollar, Treasuries, and equity futures decline, signaling a tough selling environment
Written on May 21, 2025 at 6:51 pm, by davin
The US Dollar weakens amid rising Treasury yields and geopolitical tensions. Concerns over stalled tax cuts affect market sentiment, while Nordic currencies perform well against riskier ones like the ZAR and MXN. – vtmarketsmy.com
OCBC analysts note that USD/JPY has continued to decline, hitting 143.74
Written on May 21, 2025 at 6:50 pm, by davin
The USD/JPY exchange rate is declining towards support at 142.30, signaling weakening momentum. Analysts maintain a short position, anticipating further drops while cautioning against sudden market volatility. – vtmarketsmy.com
Stronger CPI data leads to narrower interest rate spreads, benefiting CAD against USD, says Scotiabank
Written on May 21, 2025 at 5:51 pm, by davin
April’s CPI surge shifted Bank of Canada rate cut expectations, strengthening the Canadian dollar against the US dollar. Key resistance levels loom near 1.40, impacting future trading dynamics. – vtmarketsmy.com