Monthly Archives: June 2025
The US dollar drops to 97.20 amid weak housing data and possible Fed Chair nominations
Written on June 26, 2025 at 12:50 pm, by davin
The US Dollar weakens as housing data falters and speculation arises over an early Federal Reserve Chair nomination. Meanwhile, the Euro gains strength, influenced by Germany’s fiscal expansion and easing geopolitical tensions. – vtmarketsmy.com
The Shanghai Gold Exchange launches new contracts and an offshore vault in Hong Kong.
Written on June 26, 2025 at 11:51 am, by davin
The Shanghai Gold Exchange’s expansion in Hong Kong introduces yuan-denominated gold contracts, enhancing China’s global market role and offering flexible trading options, all while waiving vault fees to attract participation. – vtmarketsmy.com
Gold prices in the United Arab Emirates stay stable, according to today’s compiled data.
Written on June 26, 2025 at 11:51 am, by davin
Gold prices in the UAE slightly increased, hovering at 393.80 AED per gram. Factors like geopolitical tensions and upcoming US economic data create uncertainty, influencing future price movements. Stay alert! – vtmarketsmy.com
Japan’s latest auction of 2-year bonds sees highest interest in six months
Written on June 26, 2025 at 11:51 am, by davin
Japan’s 2-year government bond auction saw strong demand with a bid-to-cover ratio of 3.90, reflecting rising interest in short-dated debt amid uncertainties in monetary policy and global yields. – vtmarketsmy.com
Gold prices in Pakistan remain stable today with little variation, according to compiled data.
Written on June 26, 2025 at 11:50 am, by davin
Gold prices in Pakistan held steady at 30,411.23 PKR per gram amid US Dollar weakness and cautious market sentiment. Central bank actions and geopolitical tensions are influencing gold’s safe-haven appeal. – vtmarketsmy.com
Barkin, Hammack, and Kashkari will discuss economic topics that interest traders on Thursday.
Written on June 26, 2025 at 10:51 am, by davin
Federal Reserve speakers Barkin, Hammack, and Kashkari will address economic conditions Thursday, hinting at cautious rate adjustments. Observing their remarks could signal shifts in market expectations regarding future policy changes. – vtmarketsmy.com
AUD/JPY drops slightly to 94.50 after a previous gain of over 0.50%
Written on June 26, 2025 at 10:51 am, by davin
AUD/JPY is rising, trading around 94.50 with strong short-term momentum. Key resistance levels are at 95.50 and 96.00, while support holds at 94.26. Watch for potential trend shifts! – vtmarketsmy.com
The US dollar weakens as EUR/USD hits levels not seen since late 2021
Written on June 26, 2025 at 10:51 am, by davin
The US dollar is plummeting, losing 10% in six months, influenced by potential changes at the Federal Reserve. Analysts predict a further 5.7% drop. Traders must adapt to shifting market dynamics. – vtmarketsmy.com
The USD/CHF pair struggles near its lowest level since September 2011, around 0.8025.
Written on June 26, 2025 at 10:50 am, by davin
USD/CHF has hit a decade-low, driven by US Dollar weakness amid Fed independence worries and rate cut expectations. Market focus shifts to upcoming US economic data for potential impact on currency trends. – vtmarketsmy.com
Foreign investors sold Japanese equities after 11 weeks of net buying due to weak earnings and high valuations
Written on June 26, 2025 at 9:52 am, by davin
Foreign investors sold ¥524.3 billion in Japanese stocks after 11 weeks of buying, driven by disappointing earnings and high valuations. This shift could trigger increased volatility and trading repositions. – vtmarketsmy.com