Monthly Archives: May 2025
EUR/GBP falls below 0.8380 following disappointing Eurozone data and ECB comments
Written on May 27, 2025 at 1:50 pm, by davin
The Euro’s decline against the Pound continues, pressured by weak Eurozone data and potential ECB monetary easing. Key resistance levels must be surpassed for any short-term recovery. – vtmarketsmy.com
Oil prices rise but face resistance at $62.00 due to improved market sentiment from tariff delays.
Written on May 27, 2025 at 12:51 pm, by davin
WTI Oil prices are slightly up but below $62, facing pressure from oversupply concerns. Market optimism fades amid uncertainty, making it crucial for traders to watch for clear signals and inventory reports. – vtmarketsmy.com
Eurozone’s May business climate reading improves from -0.67 to -0.55
Written on May 27, 2025 at 12:51 pm, by davin
The Eurozone’s business climate shows slight improvement, impacting currency and commodity markets. The US Dollar strengthens, pressuring EUR/USD and GBP/USD, while Bitcoin rebounds. Meanwhile, Binance Coin remains stable amid decentralized exchange activity. – vtmarketsmy.com
In May, Eurozone services sentiment rose from 1.4 to 1.5.
Written on May 27, 2025 at 11:51 am, by davin
Eurozone services sentiment rose slightly to 1.5, offering cautious optimism. Meanwhile, the USD gains momentum, affecting currency trades and gold prices, while Bitcoin rebounds amid improved market sentiment. – vtmarketsmy.com
Analysts expect GBP/USD to trade between 1.3540 and 1.3600, with a long-term target of 1.3635.
Written on May 27, 2025 at 11:50 am, by davin
Pound Sterling (GBP) is consolidating between 1.3540 and 1.3600, with a bullish outlook targeting 1.3635. However, traders should remain cautious of potential risks below 1.3460. – vtmarketsmy.com
Gold price falls amid a strengthening USD but shows resilience below $3,300 and begins to recover slightly
Written on May 27, 2025 at 10:52 am, by davin
Gold prices have declined as the US Dollar strengthens, but remain steady under $3,300, supported by US fiscal concerns and potential Federal Reserve rate cuts. Key resistance at $3,325 could spark bullish momentum. – vtmarketsmy.com
Despite trade tensions, the Euro stays strong, but political issues might slow its growth.
Written on May 27, 2025 at 10:51 am, by davin
The Euro remains resilient amid US tariff fears, with EUR/USD fluctuating around 1.140. Political challenges hinder Euro’s global standing, but potential coordination could enhance its value against the dollar. – vtmarketsmy.com
Minneapolis Fed President Neel Kashkari supports keeping interest rates unchanged until the effects of tariffs on inflation are clearer
Written on May 27, 2025 at 9:51 am, by davin
Minneapolis Fed President Neel Kashkari advocates for stable interest rates amid tariff-related inflation concerns. This cautious approach strengthens the US Dollar, emphasizing the importance of monitoring economic data for future policy shifts. – vtmarketsmy.com
Francois Villeroy de Galhau suggests that policy normalization in the Euro area may still continue.
Written on May 27, 2025 at 9:50 am, by davin
ECB’s Francois Villeroy hints Euro policy normalization isn’t over, as inflation improves. The Euro dips 0.35% against the Dollar, highlighting mixed macro signals and rising market volatility. – vtmarketsmy.com
Dividend Adjustment Notice – May 27 ,2025
Written on May 27, 2025 at 8:51 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