Monthly Archives: June 2025
WTI crude oil drops to about $73.80 after reaching $75.54 amid reduced tensions in the Middle East.
Written on June 21, 2025 at 7:51 pm, by davin
WTI crude oil prices fell to $73.80 after reaching $75.54, driven by easing geopolitical tensions and significant U.S. inventory draws. Future momentum hinges on inventory trends and technical levels. – vtmarketsmy.com
Indian rupee recovers slightly after three days of decline as oil prices fall and equities rise
Written on June 21, 2025 at 7:50 pm, by davin
The Indian Rupee has stabilized after a three-day decline, thanks to a softening US Dollar and falling crude oil prices. Stock markets show optimism, but core sector growth remains weak. – vtmarketsmy.com
Silver struggles to recover for three consecutive days as safe-haven demand diminishes amid geopolitical tensions
Written on June 21, 2025 at 6:51 pm, by davin
Silver prices are under pressure, trading around $36.00, as geopolitical tensions ease. Indicators show potential for further declines; key support is at $35.65, while upward momentum hinges on breaking $36.50. – vtmarketsmy.com
Anticipated data includes inflation statistics from the US, Canada, and Australia, as well as global PMIs.
Written on June 21, 2025 at 6:51 pm, by davin
This week features important economic releases from the eurozone, UK, US, and Canada, with data that could influence monetary policies and market expectations amid ongoing inflation concerns and trade tensions. – vtmarketsmy.com
The U.S. oil rig count drops to 438 from 439
Written on June 21, 2025 at 6:50 pm, by davin
US oil rigs decreased to 438, while the dollar strengthens amid Fed rate speculations. Gold prices surged past $3,360 due to geopolitical tensions, reflecting heightened investor caution and demand for safety. – vtmarketsmy.com
The Australian dollar weakens against the US dollar, trading near 0.6480 due to recent developments.
Written on June 21, 2025 at 5:51 pm, by davin
The AUD/USD exchange rate has dropped below 0.6480 due to RBA rate cut expectations and strong US Dollar demand amid global tensions. Economic challenges and trade dynamics influence future stability. – vtmarketsmy.com
Yen weakens against the dollar despite high inflation in Japan, reaching a three-week low
Written on June 21, 2025 at 5:50 pm, by davin
The Japanese Yen continues to weaken against the US Dollar, trading near 146.00. High inflation in Japan and stable US Treasury yields influence this trend, with future currency movements hinging on economic data. – vtmarketsmy.com
Gold declines as tensions in the Middle East continue and Trump postpones US engagement in Iran
Written on June 21, 2025 at 4:51 pm, by davin
Gold prices have dipped to $3,368 despite strong long-term demand from central banks and geopolitical tensions. Market watchers must focus on interest rates and political risks influencing future volatility. – vtmarketsmy.com
GBP/USD slips as the dollar strengthens amid trade concerns after poor UK retail sales
Written on June 21, 2025 at 4:50 pm, by davin
The Pound Sterling dipped after a surprising UK retail sales drop. Concerns about US semiconductor policies linger, as both economies face slowdowns, prompting traders to watch key data releases next week. – vtmarketsmy.com
US Dollar Index remains steady above 98.00, showing market reactions to recent geopolitical and monetary changes
Written on June 21, 2025 at 3:51 pm, by davin
The US Dollar Index (DXY) hovers near 98.00, influenced by geopolitical tensions and potential Fed rate cuts. Key price levels and economic data could rapidly shift market sentiment. – vtmarketsmy.com