Monthly Archives: June 2025
US Dollar strengthens while Pound Sterling drops to around 1.3370 amid US-Iran tensions
Written on June 23, 2025 at 3:50 pm, by davin
The Pound Sterling falls to 1.3370 against the USD due to rising geopolitical tensions with Iran, boosting safe-haven demand for the Dollar. UK economic data fails to strengthen GBP amidst market uncertainty. – vtmarketsmy.com
Strikes on Tehran begin, with markets reacting positively despite ongoing hostilities and falling oil prices.
Written on June 23, 2025 at 2:51 pm, by davin
Israel’s airstrikes on Tehran sparked minimal market reaction, with S&P 500 futures rising 0.3% and oil prices eventually falling. Traders prioritize market dynamics over geopolitical tensions, sensing manageable risks. – vtmarketsmy.com
Canadian dollar weakens to near 1.38 amid rising geopolitical tensions, analysts say
Written on June 23, 2025 at 2:51 pm, by davin
The Canadian Dollar (CAD) weakened against the USD due to geopolitical tensions. Current trading remains influenced by technical patterns rather than crude oil, with key resistance and support levels guiding expectations. – vtmarketsmy.com
Swiss sight deposits increase to CHF 442.5 billion, boosting money market liquidity
Written on June 23, 2025 at 2:51 pm, by davin
Swiss sight deposits rose to CHF 442.5 billion, breaking a downward trend, as banks adjust strategies amid a tiered remuneration system. This signals cautious liquidity management in the Swiss financial landscape. – vtmarketsmy.com
UOB Group analysts believe that AUD/USD is likely to move to 0.6355.
Written on June 23, 2025 at 2:50 pm, by davin
AUD/USD is fluctuating within a 0.6430 to 0.6550 range. A move to 0.6355 seems unlikely without a significant drop below 0.6430. Watch resistance levels at 0.6465 and 0.6480. – vtmarketsmy.com
Germany’s PMIs indicate potential growth recovery in manufacturing, services, and composite indices
Written on June 23, 2025 at 1:52 pm, by davin
Germany’s June PMI shows signs of economic improvement, with manufacturing and services climbing, hinting at growth after months of decline. A realignment towards stability could ignite renewed optimism. – vtmarketsmy.com
Indian Rupee strengthens against the US Dollar after falling near 86.90, boosted by rising PMI
Written on June 23, 2025 at 1:51 pm, by davin
The Indian Rupee strengthened amid favorable PMI data but faces pressure from rising oil prices and geopolitical tensions. Watch for potential depreciation toward ₹88 against the US Dollar as risks persist. – vtmarketsmy.com
Core inflation data, consumer confidence reports, and central bank testimonies will shape market expectations this week.
Written on June 23, 2025 at 1:51 pm, by davin
This week features crucial economic data releases, including PMIs, inflation figures, and GDP revisions across major economies. Fed Chair Powell’s testimony may influence market rate expectations significantly. Stay alert! – vtmarketsmy.com
The dollar’s initial response seems limited despite being undervalued and oversold.
Written on June 23, 2025 at 1:51 pm, by davin
Despite US strikes in Iran, the dollar remains stable, with Brent oil prices hovering above $78. Monitor market reactions to geopolitical risks and Federal Reserve commentary for future shifts. – vtmarketsmy.com
Rising USD/JPY reflects oil market concerns, not geopolitical tensions, surpassing the moving average
Written on June 23, 2025 at 12:51 pm, by davin
USD/JPY rises to 147.38, driven by oil market concerns affecting Japan’s economy. As traders eye key technical levels, dollar strength persists amidst cautious market sentiment and ongoing energy import vulnerabilities. – vtmarketsmy.com