Monthly Archives: June 2025
GBP sees modest gains against USD despite weak retail sales, according to Scotiabank analysts
Written on June 20, 2025 at 3:50 pm, by davin
Pound Sterling rises 0.2% against the US Dollar, buoyed by mild Dollar weakness and easing geopolitical tensions. Despite weaker retail sales, momentum remains positive, keeping traders vigilant. – vtmarketsmy.com
European indices try to recover after consecutive declines, but cautious market sentiment remains
Written on June 20, 2025 at 2:51 pm, by davin
European indices show a slight recovery after recent declines, but market sentiment remains cautious amid geopolitical concerns, particularly in the Middle East. Traders favor flexibility over long positions as uncertainty persists. – vtmarketsmy.com
Circle Internet Group’s stock has surged by 477% since its IPO at $31
Written on June 20, 2025 at 2:51 pm, by davin
Circle Internet Group’s shares skyrocketed 477% following Senate approval of the GENIUS Act, which favors stablecoins. Investors should stay alert to legislative changes influencing stock volatility and earnings outcomes. – vtmarketsmy.com
EUR/CAD remains above 1.5750, indicating a strong bullish trend
Written on June 20, 2025 at 2:50 pm, by davin
EUR/CAD is on the rise, surpassing 1.5750 amidst sustained momentum, with a near-term target of 1.5845. Watch for support at 1.5717, as potential dips could signal deeper declines. – vtmarketsmy.com
European stocks rally after losses as Eurostoxx and DAX futures rise, while US futures fall
Written on June 20, 2025 at 1:52 pm, by davin
European equity futures saw cautious gains, with Eurostoxx and DAX up 0.9%, indicating potential recovery. However, market sentiment remains fragile amid Middle East tensions and U.S. futures declining slightly. – vtmarketsmy.com
Gold fluctuates near a one-week low despite a weaker USD and softer risk sentiment
Written on June 20, 2025 at 1:51 pm, by davin
Gold prices are struggling below $3,350 due to a strong US Dollar and upbeat European markets. Geopolitical tensions could provide support, making the situation volatile and unpredictable for traders. – vtmarketsmy.com
China and the EU discuss trade challenges and cooperation strategies in an engaging dialogue
Written on June 20, 2025 at 1:51 pm, by davin
China and the EU discussed trade issues, focusing on electric vehicles, but provided no concrete solutions. Both sides aim to avoid escalation while managing tensions, signaling ongoing caution in economic relations. – vtmarketsmy.com
Buyers drive EUR/JPY toward 167.50 amid uncertainty over Bank of Japan rate hike timing
Written on June 20, 2025 at 1:50 pm, by davin
EUR/JPY is near 167.50 amid uncertainty about Japan’s rate hikes. Mixed CPI data pressures the Yen while Euro gains strength due to the ECB’s hawkish stance. Expect volatility ahead! – vtmarketsmy.com
EUR/USD options at 1.1500 and 1.1520 could affect price action due to ongoing geopolitical risks.
Written on June 20, 2025 at 12:51 pm, by davin
FX options expiring June 20 at 10am NY add focus on EUR/USD, with key levels at 1.1500 and 1.1520, amid dollar weakness and potential geopolitical volatility shaping trading strategies. – vtmarketsmy.com
Gold prices have decreased in Saudi Arabia, according to the latest compiled data.
Written on June 20, 2025 at 12:51 pm, by davin
Gold prices in Saudi Arabia dropped to 404.90 SAR per gram, influenced by global market conditions and rising US Treasury yields. This fluctuation highlights gold’s role as a safe investment amid uncertainties. – vtmarketsmy.com