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Monthly Archives: May 2025

Selling pressure pushes the EUR/USD pair lower, nearing the 1.1100 range

Written on May 17, 2025 at 5:51 am, by

EUR/USD shows a downtrend with resistance at 1.1193-1.1222 and support around 1.1144-1.1094. Current indicators suggest caution as sellers dominate the market, impacting recovery potential. – vtmarketsmy.com

Bonds’ dip buying seems exhausted as yields fluctuate due to inflation concerns and fiscal discussions.

Written on May 17, 2025 at 5:51 am, by

US 30-year bond yields fluctuated around 5%, driven by inflation concerns and mixed fiscal signals. Traders face a volatile market, with opportunities for quick profits but few long-term trends. Stay nimble! – vtmarketsmy.com

Rabobank’s Jane Foley believes the weakening US outlook could push EUR/USD to 1.15

Written on May 17, 2025 at 5:50 am, by

Concerns over US economic strength and potential recession have shifted market sentiment, making the USD less appealing. Predictions suggest EUR/USD could hit 1.15, signaling changing dynamics in currency trading. – vtmarketsmy.com

US oil rig count drops for the third week to a total of 576 rigs, while natural gas sees improvement

Written on May 17, 2025 at 4:51 am, by

US oil rigs decreased to 576, indicating a cautious outlook amidst OPEC’s unexpected output increase. Meanwhile, natural gas supply drops signal potential price stability despite ongoing volatility in the oil market. – vtmarketsmy.com

Gold falls below $3,200, dropping over $300 from its peak

Written on May 17, 2025 at 4:51 am, by

Gold is under pressure, struggling near $3,180 after recent economic data shifted Fed rate cut expectations. The easing geopolitical tensions and weak consumer sentiment contribute to cautious market sentiment, impacting gold’s demand. – vtmarketsmy.com

The Federal Reserve plans to reduce its workforce by 10% in the coming years.

Written on May 17, 2025 at 4:51 am, by

The Federal Reserve plans a gradual 10% workforce reduction, cutting 2,600 jobs over several years. While core tasks will continue, this shift raises questions about future operational efficiency and policy execution. – vtmarketsmy.com

In April, Russia’s Consumer Price Index dropped from 0.65% to 0.4%

Written on May 17, 2025 at 4:50 am, by

Gold prices plunged below $3,200, signaling a weekly loss, while Ethereum remains strong above $2,500. Trump’s trade deals aim to reshape US exports, influencing market dynamics. Stay informed! – vtmarketsmy.com

The Budget Committee voted against Trump’s tax proposal, raising concerns about the rising US deficit.

Written on May 17, 2025 at 3:51 am, by

The Budget Committee’s failed vote risks a deficit surge above 7% of GDP, heightening market uncertainty. Watch for future Medicaid debates, essential for fiscal stability amid looming volatility. – vtmarketsmy.com

The EUR/CHF pair shows caution, hovering around the 0.94 level with minor increases.

Written on May 17, 2025 at 3:51 am, by

The EUR/CHF pair hovers around 0.94, showing minor gains but overall bearish pressure. Key support and resistance levels indicate indecision, with traders anticipating potential breaks lower or upward corrections. – vtmarketsmy.com

European equities rise as Italy, Spain, and Germany hit record closing highs amid trade tensions

Written on May 17, 2025 at 3:51 am, by

European stocks climb for the fifth week, led by gains in Germany, France, and the UK. However, looming trade negotiations between the EU and US may create future volatility. – vtmarketsmy.com

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