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Monthly Archives: May 2025
The Indian rupee strengthens as the US dollar weakens, drawing in sellers
Written on May 23, 2025 at 11:50 am, by davin
The Indian Rupee is gaining due to a weaker US Dollar and a potential US-India trade deal. However, high oil prices and possible foreign equity withdrawals pose risks to its stability. – vtmarketsmy.com
US Dollar Index falls to around 99.50 after initial approval of Trump’s act
Written on May 23, 2025 at 10:51 am, by davin
The US Dollar Index is declining towards recent lows due to rising fiscal deficit concerns and lower Treasury yields. Despite stronger PMI data, traders anticipate steady interest rates, impacting dollar strength. – vtmarketsmy.com
UK retail sales rose 1.2% month-over-month, surpassing the expected 0.2% increase.
Written on May 23, 2025 at 10:50 am, by davin
UK Retail Sales surged 1.2% in April, exceeding expectations, with core sales up 1.3%. This boost strengthened the British Pound against the US Dollar, showcasing renewed consumer confidence in the economy. – vtmarketsmy.com
Germany’s year-on-year GDP adjusted for working days has remained stable at -0.4% for the first quarter.
Written on May 23, 2025 at 9:51 am, by davin
Germany’s GDP stagnates at -0.4%, highlighting economic struggles. The euro rises against the dollar amid US fiscal concerns, while gold surges, reflecting investor uncertainty as retail traders remain active. – vtmarketsmy.com
The GBP/USD pair approached 1.3468, rising about 0.25% during Asian trading.
Written on May 23, 2025 at 9:50 am, by davin
GBP/USD rose to 1.3450 after UK’s Consumer Confidence improved modestly. However, anticipated declines in retail sales may create volatility. Market sentiment is fragile amidst mixed economic signals and US Treasury concerns. – vtmarketsmy.com
Dividend Adjustment Notice – May 23 ,2025
Written on May 23, 2025 at 9:05 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”. Please refer to the table below for more details:Continue Reading
Pound Sterling rises above 1.3450 due to improved UK consumer confidence data
Written on May 23, 2025 at 8:51 am, by davin
GBP/USD reached 1.3468, its highest since February 2022, driven by improved consumer confidence. UK retail sales data on May 23 could influence future market sentiment, with potential risks ahead. – vtmarketsmy.com
Trump pressures the EU to reduce tariffs to prevent extra duties
Written on May 23, 2025 at 8:51 am, by davin
Trump’s negotiators urge the EU to cut tariffs on US imports, warning of a 20% reciprocal tax. As EUR/USD rises, markets brace for potential trade tensions and their implications. – vtmarketsmy.com
Gold prices rise today in the Philippines, according to the latest data
Written on May 23, 2025 at 7:52 am, by davin
Gold prices in the Philippines surged to PHP 5,907.45 per gram, reflecting global economic shifts. This spike indicates increased caution in currency dynamics and rising demand for safe-haven assets. – vtmarketsmy.com
Gold prices rise in the United Arab Emirates based on today’s data
Written on May 23, 2025 at 7:51 am, by davin
Gold prices in the UAE surged to AED 391.35 per gram amid safe-haven buying and a weaker USD. Global trade tensions and economic data fluctuations are driving investor strategies in gold markets. – vtmarketsmy.com
