Insights 
VT 
Monthly Archives: May 2025
USD/CAD remains stable above 1.3700 as trade tensions ease and trading volumes decrease
Written on May 26, 2025 at 10:51 pm, by davin
The Canadian Dollar fluctuates around 1.3720 against the US Dollar amid easing trade tensions and better-than-expected retail sales. Upcoming economic data could sway market sentiment and currency forecasts. – vtmarketsmy.com
Gold prices decline towards $3,333 as US markets remain closed for a public holiday
Written on May 26, 2025 at 10:50 pm, by davin
Gold prices hovered around $3,333 amid delayed EU tariffs, creating short-term relief in risk assets. Citigroup raised its gold target to $3,500, while US fiscal concerns influenced the dollar and trader sentiment. – vtmarketsmy.com
GBP/USD starts strong near 1.3600 but could see a downward correction soon
Written on May 26, 2025 at 9:51 pm, by davin
GBP/USD surged to a February 2022 high near 1.3600, boosted by US Dollar weakness from Trump’s tariff threats. Despite bullish patterns, indicators suggest caution as retracement risks grow. – vtmarketsmy.com
EUR/JPY rises to around 163.00 as trade tensions between the EU and US ease
Written on May 26, 2025 at 9:50 pm, by davin
The EUR/JPY pair rises to 162.60 as trade tensions ease and Germany’s GDP exceeds expectations. Despite rising Japanese inflation, the JPY weakens, prompting speculation on interest rate hikes in July. – vtmarketsmy.com
Scotiabank’s Chief FX Strategist says GBP is nearing 1.36, its highest level since early 2022.
Written on May 26, 2025 at 8:51 pm, by davin
Pound Sterling is steadily rising near 1.36, its highest since early 2022, as market confidence grows amidst no major data or rate cut fears. Watch for resistance at 1.3595! – vtmarketsmy.com
EU eases tariffs after positive conversation with von der Leyen, impacting EUR
Written on May 26, 2025 at 8:50 pm, by davin
EU tariff relief boosts optimism in European markets, with stocks rising 10% this year. The EUR/USD pair shows strength near 1.14, while Bitcoin soars past $109,000. Time for strategic trading! – vtmarketsmy.com
The Canadian dollar stays stable in the low 1.37 range, outperforming major currencies.
Written on May 26, 2025 at 7:51 pm, by davin
The Canadian Dollar surged as the US Dollar fell 1.6%, defying traditional correlations with US equities. Bank of Canada hints at volatility, suggesting potential changes in interest rates ahead. – vtmarketsmy.com
USD weakens as Trump’s 50% EU tariffs are postponed to July 9 amid tariff delay
Written on May 26, 2025 at 7:50 pm, by davin
Trump’s tariff delay until July 9th eased market tensions, boosting European stocks and US futures. Meanwhile, currencies displayed mixed performance as traders brace for potential shifts in policy and market dynamics. – vtmarketsmy.com
Royal Bank may continue its earnings-beat trend in the upcoming report, catching investors’ attention.
Written on May 26, 2025 at 6:50 pm, by davin
Royal Bank’s recent earnings beat streak, with surprises averaging 7.76%, signals strong upward momentum. Analysts remain optimistic, marked by a +1.49% Earnings ESP ahead of the next report on May 29, 2025. – vtmarketsmy.com
UOB Group suggests the US dollar could reach 7.1650 against the Chinese yuan, bypassing 7.1500.
Written on May 26, 2025 at 5:51 pm, by davin
The US Dollar is likely to test 7.1650 against the Chinese Yuan, facing resistance at 7.2070, with a downward trend anticipated in the coming weeks. Traders should stay cautious. – vtmarketsmy.com
