Monthly Archives: June 2025
Sellers lead the USDCHF towards this year’s lows amid geopolitical tensions and interest rate expectations
Written on June 24, 2025 at 5:51 pm, by davin
The USDCHF is on a downward trend, driven by Middle East peace optimism and dovish U.S. rate expectations. Key support levels at 0.80554 and 0.80386 loom as traders assess potential breaks. – vtmarketsmy.com
Core Consumer Price Index in Canada rose by 0.6% in May, up from 0.5%
Written on June 24, 2025 at 5:51 pm, by davin
Canada’s CPI Core rose 0.6% in May, signaling persistent inflation. Meanwhile, EUR/USD and GBP/USD soared due to positive market sentiment, while gold approached $3,300 and Bitcoin stabilized at $105,000. – vtmarketsmy.com
Trump announces China’s resumption of oil purchases from Iran, hoping for US purchases as well
Written on June 24, 2025 at 5:51 pm, by davin
Oil prices fell sharply after a tweet suggested China could buy oil from Iran, currently at $66.17. Market sentiment is shaky, highlighting the impact of headlines on pricing and demand. – vtmarketsmy.com
The United States’ current account recorded a deficit of $450.2 billion, falling short of expectations.
Written on June 24, 2025 at 5:50 pm, by davin
The U.S. current account deficit hit $450.2 billion, greater than expected, signaling potential market shifts. Traders should reassess strategies amid economic implications from such discrepancies. Stay alert for future trends! – vtmarketsmy.com
The Philadelphia Fed’s non-manufacturing index increases from -41.9 to -25.0, indicating volatility
Written on June 24, 2025 at 4:51 pm, by davin
The Philadelphia Fed’s non-manufacturing index improved to -25.0, signaling subtle economic recovery. This volatility presents opportunities in market responses as traders navigate potential Fed rate cuts amidst mixed data. – vtmarketsmy.com
Copper market tightens as LME stocks decrease and spot prices rise above $10,000
Written on June 24, 2025 at 4:51 pm, by davin
Copper prices surge past $10,000 due to falling LME stocks and US buying amid tariff fears. Market instability persists as smelters negotiate contracts, hinting at a troubling supply-demand imbalance. – vtmarketsmy.com
Kazimir believes the neutral rate has been reached and advises caution in policy decisions due to uncertainty.
Written on June 24, 2025 at 4:51 pm, by davin
ECB’s Kazimir signals a strategic pause in rate adjustments, citing uncertainty in global trade and inflation forecasts. A cautious approach emphasizes the need to closely monitor economic data before making moves. – vtmarketsmy.com
Scotiabank strategists report that the Japanese yen strengthens by 0.8% against the US dollar, leading among G10 currencies.
Written on June 24, 2025 at 4:50 pm, by davin
The Japanese yen has risen by 0.8% against the US dollar, outperforming G10 currencies due to central bank policy shifts. Caution is advised in market decisions amidst this volatility. – vtmarketsmy.com
After the ceasefire between Israel and Iran, the US dollar weakened against major currencies.
Written on June 24, 2025 at 3:51 pm, by davin
The US dollar weakened after a cease-fire between Israel and Iran, boosting equities and impacting bond yields. Market confidence is fragile; watch for shifts in geopolitical tensions and Fed policies ahead. – vtmarketsmy.com
In June, Mexico’s early half-month inflation rate was 0.1%, lower than the expected 0.12%
Written on June 24, 2025 at 3:51 pm, by davin
Mexico’s inflation dips to 0.1%, impacting capital flow. EUR/USD rises on Fed remarks, while gold approaches $3,300 and Bitcoin climbs to $105,000, reflecting easing Middle East tensions. Monitor market shifts! – vtmarketsmy.com