Monthly Archives: May 2025
US Dollar hits two-week low against Canadian Dollar after five-day decline
Written on May 23, 2025 at 11:50 pm, by davin
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) due to mixed retail sales data and US fiscal concerns, signaling a potential shift in market dynamics. – vtmarketsmy.com
EUR/JPY pair drops to a one-month low of around 161.00 during North American trading
Written on May 23, 2025 at 10:51 pm, by davin
EUR/JPY drops to 161.00 amid Trump’s proposed 50% EU tariffs, with a weaker Euro facing pressure from trade tensions and potential ECB rate cuts, while Japan’s inflation boosts Yen strength. – vtmarketsmy.com
OCBC analysts note that USD/JPY is trending down, currently around 142.55.
Written on May 23, 2025 at 10:50 pm, by davin
USD/JPY dips to 142.55 amid US dollar weakness and CPI data surprises. Ongoing US-Japan trade talks may stabilize economic relations, while bearish momentum suggests potential further declines. Stay alert for market shifts. – vtmarketsmy.com
Investors are reevaluating US exceptionalism as US treasuries receive support from a Supreme Court ruling.
Written on May 23, 2025 at 9:51 pm, by davin
US Treasuries stabilize after a Supreme Court ruling supports Federal Reserve independence, easing inflation fears. Shifts in market dynamics challenge past beliefs about US economic dominance, prompting investors to reassess strategies. – vtmarketsmy.com
US Treasury Secretary Scott Bessent says trade talks with India and Asia are making progress
Written on May 23, 2025 at 9:50 pm, by davin
Treasury Secretary Scott Bessent revealed Trump’s tariff strategy to revive US manufacturing and tackle trade challenges with the EU, particularly impacting import-heavy sectors and market behavior. Stay informed for potential volatility! – vtmarketsmy.com
Kansas City Fed President Jeffrey Schmid states that uncertainty remains high due to ongoing tariff discussions.
Written on May 23, 2025 at 8:51 pm, by davin
High uncertainty from tariffs is shaping economic conditions, urging caution in market engagement. Flexibility in trading strategies is recommended, as volatility can react swiftly to policy shifts. – vtmarketsmy.com
EUR/USD declines slightly after reaching a two-week peak amid rising EU-US trade tensions
Written on May 23, 2025 at 8:50 pm, by davin
EUR/USD fluctuates near 1.1330 as Trump’s tariff threats spark trade tensions, eroding early gains. The US’s fiscal health and Eurozone data complicate exchange strategies, urging caution amid market volatility. – vtmarketsmy.com
British pound rises above 1.34 against the dollar, driven by strong retail sales growth this week
Written on May 23, 2025 at 7:51 pm, by davin
The British pound surged to its highest since February 2022, driven by strong retail sales data. With a continuation pattern in play, traders eye potential for ongoing gains despite overbought signals. – vtmarketsmy.com
Commerzbank analyst Carsten Fritsch notes a recent rise in platinum and palladium prices
Written on May 23, 2025 at 7:50 pm, by davin
Platinum and Palladium prices surged recently, driven by supply concerns and market sentiment. However, uncertainty in demand, particularly from the auto sector, may limit sustainable growth amidst ongoing tariff policy concerns. – vtmarketsmy.com
Expectations for AutoZone’s Q3 fiscal 2025 results include earnings of £36.78 and revenue of £4.4 billion.
Written on May 23, 2025 at 6:51 pm, by davin
AutoZone will announce its Q3 fiscal 2025 results on May 27, expecting modest growth in earnings and revenue. Analysts remain cautious as recent performance has struggled to meet projections. – vtmarketsmy.com