Monthly Archives: May 2025
Commerzbank believes the US-UK trade deal could be more promising, despite Trump’s tariff announcement on EU goods.
Written on May 26, 2025 at 5:50 pm, by davin
Trump’s 50% tariffs on EU goods are delayed until July 9, easing market anxiety temporarily. However, ongoing uncertainties suggest volatility will rise as negotiations continue, leading to potential turbulence ahead. – vtmarketsmy.com
The USD is predicted to weaken against the JPY, staying within the 142.10 to 143.45 range.
Written on May 26, 2025 at 4:51 pm, by davin
The US Dollar may weaken against the Yen, with critical support at 141.70. Analysts advise caution on buying opportunities and recommend monitoring trends carefully for future trading decisions. – vtmarketsmy.com
Rejection at 0.8225 keeps the US Dollar from overcoming resistance, focusing on 0.8200 support
Written on May 26, 2025 at 4:50 pm, by davin
The US Dollar struggles to breach 0.8225 against the Swiss Franc, suggesting continued bearish trends. Fiscal concerns overshadow positive market sentiment, indicating potential declines toward 0.8200 and beyond. – vtmarketsmy.com
Donald Trump threatens a 25% tariff on tech company relocating production from China to India
Written on May 26, 2025 at 3:51 pm, by davin
Trump’s proposed 25% tariff on a major tech company for offshoring production could disrupt supply chains, heighten production costs, and impact share prices, while exerting pressure on the US dollar and corporate dividends. – vtmarketsmy.com
As demand for safe havens increases, OCBC analysts note a slowdown in the decline of USD/JPY
Written on May 26, 2025 at 3:50 pm, by davin
The USD/JPY is declining to around 142.85 due to tariff concerns, with strong demand for JPY and safe haven assets. Key support levels are 142, 141.60, and 139.90. – vtmarketsmy.com
UOB Group analysts believe NZD/USD gains won’t exceed 0.6030 due to overbought conditions.
Written on May 26, 2025 at 2:50 pm, by davin
The New Zealand Dollar has spiked recently, facing resistance at 0.6030. Continued growth depends on maintaining support above 0.5920; otherwise, a downturn could follow. Keep watching these key levels! – vtmarketsmy.com
OCBC analysts noted that the Pound Sterling reached a three-year high thanks to positive data trends.
Written on May 26, 2025 at 1:51 pm, by davin
Pound Sterling (GBP) hits a three-year high at 1.3565, boosted by strong UK economic data and a weaker USD. Next resistance levels are 1.3660 and 1.3750; cautious trading advised! – vtmarketsmy.com
The US dollar initially rose after Trump’s tariff threat but later weakened due to negative sentiment.
Written on May 26, 2025 at 1:50 pm, by davin
The US Dollar briefly rose after Trump’s tariff threats but quickly weakened, now at 98.03. Ongoing uncertainty about the tariffs is impacting confidence and market trends, suggesting continued dollar softness. – vtmarketsmy.com
UOB Group analysts say GBP/USD may not reach 1.3600 due to overbought conditions
Written on May 26, 2025 at 12:51 pm, by davin
The Pound Sterling is gaining strength, targeting 1.3635, yet may face short-term resistance around 1.3600. Caution is advised as pullbacks could occur, emphasizing the importance of timing in trading. – vtmarketsmy.com
Bulls faced challenges as the euro fluctuated, initially dropping due to tariffs before recovering with the weakness of the dollar.
Written on May 26, 2025 at 12:50 pm, by davin
The Euro fluctuated on Friday after tariff threats but recovered as the US Dollar weakened, closing at 1.1379. Resistance at 1.1420 could indicate potential upward movement, while support remains critical. – vtmarketsmy.com