Monthly Archives: June 2025
Asia’s economic calendar is light today, with no impactful data for major currency movements.
Written on June 24, 2025 at 2:51 am, by davin
On June 24, 2025, Asia’s economic calendar is thin, prompting traders to watch for unexpected market moves driven by minor deviations in global data, requiring heightened awareness and nimble positioning. – vtmarketsmy.com
Market participants notice rising gold prices due to concerns over Iran and anticipation of Powell’s testimony.
Written on June 24, 2025 at 2:51 am, by davin
Gold prices are soaring amid escalating US-Iran tensions and potential Fed interest rate cuts. As geopolitical risks rise, investors flock to gold, prompting traders to reassess strategies amid volatile market conditions. – vtmarketsmy.com
Gold Slips As Middle East Truce Eases Market Jitters

Written on June 24, 2025 at 2:37 am, by ahmad
Gold prices saw a notable decline on Tuesday after US President Donald Trump declared a ‘complete and total’ ceasefire agreement between Israel and Iran. Spot gold slipped by 0.6% to $3,349.89 per ounce, while US gold futures dropped 0.9% to $3,364.20, marking their lowest point since 11 June. The truce, expected to take effect withinContinue Reading
The Australian dollar rises above 0.6400 against the US dollar amid mixed US economic data
Written on June 24, 2025 at 1:52 am, by davin
AUD/USD bounced back above 0.6400 as mixed US PMI data weakened demand for the US Dollar. Potential rate cuts and regional growth support the Australian Dollar’s recovery, hinting at possible currency shifts. – vtmarketsmy.com
Governor Bowman is open to lowering the policy rate if inflation pressures stay manageable.
Written on June 24, 2025 at 1:50 am, by davin
FOMC Governor Michelle Bowman signals potential interest rate cuts if inflation remains steady, encouraging a healthy job market. Global sentiment shifts are influencing currency and crypto markets amid geopolitical tensions. – vtmarketsmy.com
Buyers of USDJPY faced challenges at the 38.2% retracement, causing a pullback to support levels.
Written on June 24, 2025 at 12:51 am, by davin
USDJPY fluctuates between 145.92 and 146.24 after a failed breakout above 147.11. Watch for moves below or above this range to determine future trends—patience is key in navigating this uncertainty. – vtmarketsmy.com
FactSet Research quarterly earnings fall short of expectations, reporting $4.27 per share instead of $4.31
Written on June 24, 2025 at 12:51 am, by davin
FactSet shares have dropped 12.1% this year despite revenue growth. Earnings forecasts suggest caution as analysts await insights on operational efficiency and margins during upcoming earnings calls. – vtmarketsmy.com
US dollar drops sharply as markets respond positively to oil prices and rising risk appetite
Written on June 24, 2025 at 12:51 am, by davin
Oil prices are declining, stocks are rising, and the US dollar is weakening amid geopolitical tensions. Traders should watch for global data releases to gauge future market trends. – vtmarketsmy.com
Daniel Ghali notes critically low copper inventories, leading to changes in convenience yields within TDSLME.
Written on June 24, 2025 at 12:50 am, by davin
Copper inventories are critically low, driven by strong demand from China and the US, sparking concerns of stock-outs. Geopolitical tensions impact gold and FX markets, while a new crypto fund enters the arena. – vtmarketsmy.com
Goolsbee states that the effects of tariffs are milder than expected, with uncertainties impacting economic data.
Written on June 23, 2025 at 11:51 pm, by davin
Chicago Fed President Austin Goolsbee noted that tariffs impact less than expected, likening them to oil shocks. He warned of uncertainty in the economy, emphasizing the need to monitor soft data closely. – vtmarketsmy.com