Monthly Archives: May 2025
Philip Jefferson, Vice Chairman of the Fed, voices concerns about job and inflation risks while advocating for patience
Written on May 19, 2025 at 7:51 pm, by davin
Fed Vice Chair Philip Jefferson highlighted job and inflation risks, emphasizing uncertainty in rate decisions. The US Dollar declined, reflecting market skepticism about imminent rate hikes amid stable inflation expectations. – vtmarketsmy.com
Traders notice mixed New Zealand data as NZD/USD climbs above 0.5900 due to USD weakness
Written on May 19, 2025 at 7:50 pm, by davin
The New Zealand Dollar strengthens above 0.5900 against the US Dollar due to a US credit rating downgrade. Despite domestic economic concerns, key upcoming data could affect future valuations. – vtmarketsmy.com
Gold trading above $3,240 faces challenges in breaking key resistance due to escalating tensions in the Middle East.
Written on May 19, 2025 at 6:51 pm, by davin
Gold prices surged over 1% to $3,240 amid a Moody’s credit downgrade of US debt, prompting concerns over rising yields and fiscal responsibility. Tensions in the Middle East further complicate prospects. – vtmarketsmy.com
Pound rises about a hundred pips against the dollar as GBP/USD recovery accelerates
Written on May 19, 2025 at 6:50 pm, by davin
The GBP/USD surged 100 pips to nearing resistance levels due to US Dollar weakness from a credit rating downgrade. Traders are cautious as upward momentum faces potential overextension and profit-taking risks. – vtmarketsmy.com
After Moody’s downgrade, the US dollar weakens as long-term yields rise and S&P futures fall.
Written on May 19, 2025 at 5:51 pm, by davin
Moody’s downgrade of the US credit rating is destabilizing markets, driving a weaker dollar and rising yields. Investors are adjusting strategies amid fiscal concerns, hinting at further volatility ahead. – vtmarketsmy.com
Markets await new insights as the Fed keeps interest rates steady, emphasizing rising economic uncertainty.
Written on May 19, 2025 at 5:50 pm, by davin
The Federal Reserve maintains interest rates at 4.25%-4.50%, with cautious optimism on inflation. Expect market shifts influenced by upcoming Fed speeches and potential rate cuts as economic data unfolds. – vtmarketsmy.com
AUD/USD pair approaches 0.6450 after Moody’s downgrades US credit rating
Written on May 19, 2025 at 4:51 pm, by davin
The AUD/USD surged near 0.6450 due to US Dollar weakness after Moody’s credit downgrade. Market reactions highlight concerns over US debt levels, impacting trade dynamics and future exchange rate movements. – vtmarketsmy.com
UOB Group expects USD/CNH to fluctuate between 7.1990 and 7.2190, with future implications.
Written on May 19, 2025 at 4:50 pm, by davin
USD/CNH remains stagnant between 7.1990 and 7.2190. A breakthrough at 7.2330 could lessen concerns of a drop to 7.1700, indicating a cautious market awaits clearer direction. – vtmarketsmy.com
UOB analysts suggest that USD/JPY’s major support at 144.50 appears stable despite possible declines.
Written on May 19, 2025 at 3:51 pm, by davin
The USD/JPY may dip below 144.90 but remains supported at 144.50, with analysts predicting consolidation between 144.50 and 147.30 amid economic uncertainties impacting currency markets. – vtmarketsmy.com
April statistics show trade war effects, but growth recovery is expected after the Geneva agreement.
Written on May 19, 2025 at 3:51 pm, by davin
China’s April economic data reveals slow industrial production and declining retail sales, reflecting challenges from the US-China trade war. A potential rate cut could offer future relief, but uncertainties remain. – vtmarketsmy.com