Monthly Archives: May 2025
The NZD/USD pair consolidates around 0.5950, pausing its recent gains.
Written on May 20, 2025 at 10:50 am, by davin
NZD/USD is stabilizing around 0.5930, eyeing 0.6000 for a breakout. Yet, a fall below 0.5913 could trigger losses toward 0.5850 and lower. Market sentiment remains cautious. – vtmarketsmy.com
WTI oil trades lower around $62.00 as markets evaluate the impact of Russia-Ukraine peace talks on supply.
Written on May 20, 2025 at 9:51 am, by davin
WTI oil prices are declining near $62 per barrel due to potential Russia-Ukraine ceasefire talks, increased supply concerns, and a US credit rating downgrade, signaling a bearish outlook for the market. – vtmarketsmy.com
US stocks rose as Emini S&P surpassed 5890, reaching the predicted targets of 5925/30 and 5950/60.
Written on May 20, 2025 at 9:50 am, by davin
Emini Dow Jones and Nasdaq show mixed movement amid geopolitical tensions, US Dollar weakness, and fluctuating commodities. Key support levels are critical for future trade direction in upcoming sessions. – vtmarketsmy.com
The US Dollar Index hovers near a week’s low, consolidating around 100.35
Written on May 20, 2025 at 8:51 am, by davin
The US Dollar faces pressure from anticipated Fed rate cuts and mixed economic data, hovering near recent lows. Market focus shifts to upcoming Fed speeches as traders navigate uncertainty. – vtmarketsmy.com
After the May policy announcement, RBA Governor Bullock hinted at possible future adjustments.
Written on May 20, 2025 at 8:51 am, by davin
The Reserve Bank of Australia cut interest rates to 3.85% to manage inflation, affecting the Australian Dollar negatively. Key factors include iron ore prices and Chinese economic performance, creating market volatility. – vtmarketsmy.com
Crude Oil Steadies As Market Evaluates Diplomatic Developments
Written on May 20, 2025 at 8:31 am, by ahmad
Crude oil prices saw little movement on Tuesday, with July contracts for West Texas Intermediate (WTI) edging down to $61.97, while Brent futures for July hovered around $65.35. The market remains in a state of indecision, balancing between international diplomatic efforts, robust demand across Asia, and a somewhat unclear economic outlook from both China andContinue Reading
Dividend Adjustment Notice – May 20 ,2025
Written on May 20, 2025 at 8:14 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
Selling pressure increases on AUD/JPY near 93.00 as the RBA’s interest rate decision is revealed
Written on May 20, 2025 at 7:51 am, by davin
The AUD/JPY trades lower at 93.00 as the RBA cuts interest rates, raising speculation on potential BoJ hikes. Global trade tensions cast uncertainty, influencing currency strategies and market dynamics. – vtmarketsmy.com
RBA’s interest rate decision meets expectations at 3.85% in Australia
Written on May 20, 2025 at 7:51 am, by davin
The Reserve Bank of Australia’s interest rate remains steady at 3.85%, while EUR/USD strengthens amid a weak US Dollar. Markets show mixed signals, with gold stable and Solana recovering from innovations. – vtmarketsmy.com
NZD/USD hovers around 0.5900, facing downward pressure after PBoC cuts rates
Written on May 20, 2025 at 6:51 am, by davin
NZD/USD dropped after China cut its Loan Prime Rate, impacting New Zealand’s trade outlook. Mixed economic data from China and rising inflation pressures in New Zealand add further uncertainty. – vtmarketsmy.com