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Monthly Archives: May 2025

Trump pressures the EU to reduce tariffs to prevent extra duties

Written on May 23, 2025 at 8:51 am, by

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

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

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

During the Asian session, USD/CAD fell to around 1.3825 as the USD weakened.

Written on May 23, 2025 at 6:51 am, by

The USD/CAD pair is declining amid US economic concerns and strong Canadian data. With looming Fed rate cuts and stable oil prices, traders anticipate further CAD strength in the coming weeks. – vtmarketsmy.com

XAG/USD rises above $33.00 as safe haven demand increases after previous decline

Written on May 23, 2025 at 6:51 am, by

Silver prices are stabilizing around $33.10 as demand clashes with rising US fiscal deficits. Growing industrial consumption, particularly from renewable energy, heightens supply pressure amid economic uncertainty. – vtmarketsmy.com

USD/CAD pair rebounds slightly to about 1.3855 after positive US PMI data

Written on May 23, 2025 at 5:51 am, by

The USD/CAD pair hovers around 1.3855, driven by robust US economic indicators and weak crude oil prices, impacting the Canadian dollar. Upcoming Canadian retail sales data could influence further movements. – vtmarketsmy.com

Retail sales in New Zealand show unexpected growth of 0.8% in the first quarter

Written on May 23, 2025 at 5:50 am, by

New Zealand’s retail sales unexpectedly rose 0.8%, signaling shifts in market expectations. Meanwhile, the Australian dollar faces resistance, Japan’s yen strengthens amid inflation concerns, and gold remains indecisive. – vtmarketsmy.com

The DJIA rebounds after a midweek drop as bond yields fall

Written on May 23, 2025 at 4:51 am, by

The Dow Jones rebounded amid concerns of rising US debt and bond yields, showing optimism from improved economic data despite ongoing fiscal pressures. Market volatility is expected to increase as strategies adjust. – vtmarketsmy.com

The US Dollar Index stays around 100.00 due to fiscal concerns, despite positive PMI results

Written on May 23, 2025 at 4:50 am, by

The US Dollar Index is stable near 100.00, affected by fiscal uncertainty and a Moody’s downgrade, amidst mixed economic signals. Political developments could lead to increased volatility and cautious trading. – vtmarketsmy.com

The Australian dollar weakens as strong US PMI data boosts the US dollar and reduces risk appetite

Written on May 23, 2025 at 3:51 am, by

The Australian Dollar fell to 0.6415 as strong US economic data boosted the US Dollar. Concerns over US fiscal policies linger, impacting the Dollar’s long-term stability and the AUD’s future. – vtmarketsmy.com

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