Monthly Archives: June 2025
EURUSD consolidates after earlier rise, with buyers in control.
Written on June 3, 2025 at 1:51 am, by davin
EUR/USD rose, hitting a swing high near 1.14239, with buyers eyeing 1.1479 as the next target. A drop below 1.14066 could shift control to sellers. Stay alert! – vtmarketsmy.com
The Trump administration requests countries’ best tariff offers by Wednesday amid ongoing negotiations and frustrations.
Written on June 3, 2025 at 1:50 am, by davin
The Trump Administration is urging countries to submit their best tariff offers amid stalled negotiations, particularly with Japan and India, while high steel tariffs complicate matters for Canada and Mexico. Stay vigilant! – vtmarketsmy.com
AUDUSD sees significant rise, breaking key moving averages and changing momentum dynamics
Written on June 3, 2025 at 12:51 am, by davin
The AUDUSD surged 0.84%, breaking key moving averages and resistance levels. Traders eye the 0.6493-0.6500 area while monitoring critical levels at 0.6470 for potential profit-taking opportunities. – vtmarketsmy.com
Goolsbee discusses positive inflation reports and minimal tariff effects, forecasting improved rates in 12-18 months
Written on June 3, 2025 at 12:50 am, by davin
Chicago Fed President Goolsbee notes positive inflation trends and hints at potential interest rate cuts in the next 12-18 months, advising caution amid uncertainty.over upcoming economic indicators. – vtmarketsmy.com
Mann from the BOE emphasized the importance of considering QT’s effects when making rate decisions.
Written on June 2, 2025 at 11:51 pm, by davin
The Bank of England is scrutinizing how quantitative tightening interacts with interest rates, emphasizing their distinct effects on the economy. Understanding this balance is crucial for informed monetary policy decisions. – vtmarketsmy.com
Logan discusses possible declines in production and investment by energy firms because of falling oil prices.
Written on June 2, 2025 at 11:50 pm, by davin
Oil prices are falling, risking production cuts. The Baker Hughes rig count indicates declining drilling activity. Healthy banks are urged to use the discount window, while traders should focus on real supply data. – vtmarketsmy.com
Amid market fluctuations, technology sees declines while healthcare shows strong performance and growth potential.
Written on June 2, 2025 at 10:51 pm, by davin
The stock market shows contrast, with tech stocks faltering while healthcare thrives. Amid economic uncertainty, diversifying portfolios and adopting strategic trading approaches is essential for navigating these market dynamics effectively. – vtmarketsmy.com
USDCAD hits a new low, dropping below October 2024’s level and finding important support at 1.36443.
Written on June 2, 2025 at 10:50 pm, by davin
USDCAD hits a new low for 2025 after breaking key support at 1.36443, indicating bearish pressure. Watch the critical level of 1.3685 for potential market reversal or further decline. – vtmarketsmy.com
US construction spending drops 0.4%, falling short of expectations amid economic uncertainty and rising interest rates
Written on June 2, 2025 at 9:51 pm, by davin
US construction spending fell by 0.4% in April, marking a downward trend influenced by rising interest rates and economic uncertainty, signaling a potential impact on GDP and inflation expectations. – vtmarketsmy.com
In May, the US manufacturing index dropped to 48.5, falling short of the expected 49.5, with various metrics showing mixed results.
Written on June 2, 2025 at 9:50 pm, by davin
The ISM manufacturing index fell to 48.5 in May 2025, indicating ongoing contraction. Despite slight improvements in employment and new orders, declining inventories signal caution in manufacturing amid persistent inflation and weak global trade. – vtmarketsmy.com
