Monthly Archives: May 2025
Market confidence falters after US credit rating downgrade and stalled tariff negotiations
Written on May 18, 2025 at 3:50 pm, by davin
Moody’s US credit rating downgrade shakes markets, sparking mixed responses. Scott Bessent downplays its impact, banking on GDP growth to manage debt, but warns of inflation and tariff challenges looming ahead. – vtmarketsmy.com
The AUD/NZD pair experiences slight selling near 1.0900, but technical indicators indicate positive momentum.
Written on May 18, 2025 at 3:50 am, by davin
The AUD/NZD pair hovers around 1.0900, maintaining a bullish outlook despite mixed signals. Key support is near 1.0871; resistance hangs around 1.0920. Monitor momentum carefully for trading strategy. – vtmarketsmy.com
AUD/USD hovers near 0.6400 as traders await RBA’s interest rate decision during European trading
Written on May 18, 2025 at 2:51 am, by davin
The AUD/USD pair hovers at 0.6400, influenced by upcoming RBA decisions and US economic signals. Trade tensions rise as inflation concerns grow, shaping potential volatility this week. – vtmarketsmy.com
Silver prices drop to $32.26 after US Treasury yields rise
Written on May 18, 2025 at 2:50 am, by davin
Silver prices fell over 1% to $32.26 amid rising US Treasury yields, caught between key moving averages. Potential movements hinge on breaking above $33.00 or dipping below $32.00. – vtmarketsmy.com
Australian PM Albanese shows willingness to negotiate a favorable free trade agreement with Europe.
Written on May 18, 2025 at 1:51 am, by davin
Australian Prime Minister Albanese plans to attend Pope Leo XIV’s inauguration and meet with the European Commission President to revitalize stalled free trade talks, emphasizing national interests in negotiations. – vtmarketsmy.com
Moody’s downgrades US debt to AA1 because of rising interest costs and unsustainable growth
Written on May 18, 2025 at 1:51 am, by davin
Moody’s has downgraded the US credit rating from AAA to Aa1, highlighting rising debt costs and political inaction on fiscal measures, while also noting the enduring strength of the US dollar. – vtmarketsmy.com
The NZD/JPY pair hovers around 85.70 and struggles to maintain its recent upward trend.
Written on May 18, 2025 at 1:50 am, by davin
The NZD/JPY pair hovers near 85.70, showing slight gains but facing a bearish trend. With mixed momentum indicators and key resistance at 86.00, traders should proceed cautiously. – vtmarketsmy.com
Lagarde says the euro’s rise against the dollar shows declining confidence in US economic policies and stability
Written on May 18, 2025 at 12:51 am, by davin
The euro is rising against the dollar, reflecting investor confidence in Europe’s stability amid U.S. policymaking uncertainties. As fiscal policies evolve, traders must adapt to potential market shifts and volatility. – vtmarketsmy.com
Investor sentiment stays strong, helping the Dow Jones Industrial Average hit new weekly highs
Written on May 18, 2025 at 12:51 am, by davin
Congress rejected a proposed US budget bill over debt concerns, complicating the administration’s strategy. Meanwhile, the DJIA stabilized above 41,500, but consumer confidence is slipping, heightening market volatility. – vtmarketsmy.com
Mexican Peso recovers losses and gains against the Dollar after weak US data.
Written on May 18, 2025 at 12:50 am, by davin
The Mexican Peso strengthens to 19.47 against the US Dollar, driven by weak US consumer sentiment and steady inflation expectations, despite recent interest rate cuts by Banco de Mexico. – vtmarketsmy.com