Monthly Archives: May 2025
Japan’s Finance Minister Shunichi Kato expects to discuss foreign exchange with US Treasury Secretary Scott Bessent
Written on May 20, 2025 at 6:51 am, by davin
Japan’s Finance Minister Shunichi Kato will discuss foreign exchange stability with US Treasury Secretary Scott Bessent at the G7 meeting, as market focus shifts towards the USD/JPY exchange rate and monetary policy. – vtmarketsmy.com
US-Iran nuclear talks stall as WTI price rises slightly above $62.00 in Asian trading hours
Written on May 20, 2025 at 5:51 am, by davin
WTI Crude Oil is trading at $62.10 amidst stalled US-Iran nuclear talks and a US credit rating downgrade by Moody’s, raising supply concerns and impacting global oil demand and prices. – vtmarketsmy.com
NZD/JPY holds steady near 85.90 despite mixed momentum signals in the short and long term
Written on May 20, 2025 at 4:51 am, by davin
The NZD/JPY pair trades around 85.90, showing mixed technical signals. Short-term indicators suggest buying potential, while longer-term trends remain bearish. Traders should adopt cautious, tactical strategies amid uncertainty. – vtmarketsmy.com
Dr. Swati Dhingra warns that UK inflation may struggle due to rising US dollar effects on rates.
Written on May 20, 2025 at 4:50 am, by davin
UK inflation could face challenges due to global economic changes, especially if the US Dollar strengthens, raising import prices. A rate cut may recalibrate policies amid uncertain market dynamics. – vtmarketsmy.com
US dollar faces ongoing market pressure amid policy uncertainty and credit downgrade
Written on May 20, 2025 at 3:51 am, by davin
Moody’s downgraded the US credit rating, causing market cautiousness. The Dollar Index hovers around 100.30, with slim chances for rate cuts revealed through market sentiment, reflecting economic uncertainty ahead. – vtmarketsmy.com
Euro strengthens against British Pound as market sentiment shifts before G7 discussions
Written on May 20, 2025 at 3:50 am, by davin
The Euro is strengthening against the British Pound, trading at 0.8412, driven by stable Eurozone data and UK inflation expectations. Upcoming G7 meetings and economic reports may shift market dynamics. – vtmarketsmy.com
Switzerland’s central bank leader discusses the challenges of managing currency amid inflation worries
Written on May 20, 2025 at 2:51 am, by davin
Swiss National Bank’s Chairman Martin Schlegel warns of inflation uncertainties impacting currency management. With subdued growth forecasts, the Swiss franc remains a safe haven, but its strength poses challenges for export competitiveness. – vtmarketsmy.com
A rally towards 6,038 is anticipated after bouncing at 5,904, with key zones identified.
Written on May 20, 2025 at 2:50 am, by davin
The S&P 500 Futures trading plan highlights crucial levels: resistance at 5,960 and support at 5,904. Bullish and bearish strategies emphasize careful risk management and volume confirmation for optimal trading decisions. – vtmarketsmy.com
Kashkari says investor sentiment is being hurt by ongoing uncertainty over trade policies.
Written on May 20, 2025 at 1:51 am, by davin
The US economy shows initial strength but grapples with uncertainty from trade policies, leading to cautious business investment and hiring. Job growth optimism rests on AI advancements amidst debt concerns. – vtmarketsmy.com
EUR/USD shows resilience around 1.13 after sharp recovery, but mixed signals remain
Written on May 20, 2025 at 1:50 am, by davin
The EUR/USD is trading near 1.13, showing short-term hesitation despite a bullish long-term outlook. Key support and resistance levels indicate potential breakout opportunities amid mixed signals across various indicators. – vtmarketsmy.com