Monthly Archives: May 2025
US Dollar Index drops towards 99.50 amid economic concerns
Written on May 21, 2025 at 7:50 am, by davin
The US Dollar Index is declining due to Federal Reserve concerns and a Moody’s credit downgrade. Market shifts suggest caution, indicating a need for strategic positioning amidst rising volatility and fiscal uncertainty. – vtmarketsmy.com
Mexico’s Economy Minister Ebrard announces reduced tariffs on auto exports to the US from 25% to 15%
Written on May 21, 2025 at 6:51 am, by davin
Cars made in Mexico for the U.S. will face a 15% tariff instead of 25%, signaling a softened trade approach. The Mexican peso remains stable at 19.26, reflecting market anticipation. – vtmarketsmy.com
A weaker US dollar helps NZD/USD stay around 0.5935, but US-China tensions could curb gains
Written on May 21, 2025 at 6:50 am, by davin
NZD/USD increased to 0.5935, fueled by New Zealand’s trade surplus and a weakening US Dollar from a credit rating downgrade. However, ongoing US-China tensions and a trade deficit cloud future prospects. – vtmarketsmy.com
Recent information suggests that Israel may be planning an attack on Iran’s nuclear sites despite US diplomatic efforts.
Written on May 21, 2025 at 5:51 am, by davin
The U.S. has intelligence suggesting Israel might attack Iranian nuclear sites, heightening market uncertainty. Gold remains stable while risk dynamics could shift currencies and equities amid rising geopolitical tensions. Stay alert! – vtmarketsmy.com
Mexican Peso strengthens significantly against the US Dollar, approaching 19.00.
Written on May 21, 2025 at 5:50 am, by davin
The Mexican Peso hits a yearly high against the US Dollar as traders anticipate key economic data. Watch for potential support levels at 19.00, with market dynamics shifting rapidly. – vtmarketsmy.com
Gold rises following US credit downgrade, with bulls aiming for $3,300 target
Written on May 21, 2025 at 4:52 am, by davin
Gold prices are rising, hitting $3,289 amid a weaker dollar and US economic uncertainties. Market volatility is expected; geopolitical tensions and interest rate expectations are influencing gold’s appeal as a safe haven. – vtmarketsmy.com
The United States reported a crude oil stock increase of 2.5 million barrels, exceeding forecasts.
Written on May 21, 2025 at 4:50 am, by davin
US crude oil stocks surged by 2.499 million barrels, defying expectations of a decrease. Amid weakened USD demand and rising gold prices, markets face uncertainty in a turbulent global economy. – vtmarketsmy.com
Traders might consider buying Nike shares as they rise during a market decline.
Written on May 21, 2025 at 3:50 am, by davin
Nike’s stock rises amidst market decline, breaking its 50-day moving average for the first time since March. Potential gains to $74 could be pivotal, but challenges loom from trade negotiations and restructuring. – vtmarketsmy.com
Argentina’s April trade balance falls short at $204 million, missing the $1 billion forecast.
Written on May 21, 2025 at 2:51 am, by davin
Argentina’s April trade balance of $204 million falls drastically short of the $1 billion forecast, prompting concerns about export pressures and economic implications that could affect market strategies. – vtmarketsmy.com
Economic uncertainty and rising global supply lead to WTI crude oil prices consolidating at key levels
Written on May 21, 2025 at 2:50 am, by davin
Crude oil prices are pressured by rising supply and economic uncertainty. WTI trades near $62, showing cautious trader sentiment amid fluctuating data. A break below could trigger further declines. – vtmarketsmy.com