Monthly Archives: June 2025
Buyers emerge for EUR/USD near 1.1700 as concerns about Fed independence weaken the USD
Written on June 26, 2025 at 7:51 am, by davin
Tariffs and geopolitical risks are shaking the Eurozone economy, causing ECB rate cut speculation. Traders should expect volatility as mixed economic data influences the Euro’s value against the Dollar. – vtmarketsmy.com
Akazawa claims Japan is rejecting 25% auto tariffs while continuing talks with the US about reciprocal measures.
Written on June 26, 2025 at 7:51 am, by davin
Japan firmly opposes a 25% tariff on automobiles as negotiations with the US intensify. The July 9 deadline raises concerns over market volatility and potential impacts on the entire automotive sector. – vtmarketsmy.com
EUR/JPY hovers near 11-month highs around 169.50 after a decline in the previous session
Written on June 26, 2025 at 7:50 am, by davin
EUR/JPY nears an 11-month peak as a stronger Yen emerges from anticipated Bank of Japan rate hikes. Yet, US tariffs on Japanese exports may complicate Japan’s economic outlook and monetary policy. – vtmarketsmy.com
Governor Bailey and Deputy Breeden discuss competitiveness and monetary policy at UK conferences this week
Written on June 26, 2025 at 6:51 am, by davin
The Bank of England’s key figures, Bailey and Breeden, will discuss UK economic growth and competitiveness on June 26, 2025. Their insights may influence market expectations and policy directions amid uncertain labor trends. – vtmarketsmy.com
Reuters projects the USD/CNY reference rate to be 7.1561.
Written on June 26, 2025 at 6:50 am, by davin
The People’s Bank of China is expected to set the USD/CNY midpoint at 7.1561, reflecting ongoing efforts to stabilize the yuan against market fluctuations and external pressures. Stay alert! – vtmarketsmy.com
Wall Street Journal report suggests Trump might quickly name Powell’s successor, which could negatively affect the USD
Written on June 26, 2025 at 5:51 am, by davin
Speculation about Trump naming a new Federal Reserve Chair could reshape monetary policy expectations, leading to a weaker USD and stronger foreign currencies. Traders are adjusting strategies for potential market volatility. – vtmarketsmy.com
Deutsche Bank expects the RBA to cut rates by 25 basis points in July and August.
Written on June 26, 2025 at 5:51 am, by davin
Deutsche Bank now predicts a 25 basis point cut by the Reserve Bank of Australia in July, followed by more cuts in August and November, due to easing inflation and weak economic signals. – vtmarketsmy.com
Crude oil stocks in the United States drop by 5.836 million, missing forecasts of 0.6 million
Written on June 26, 2025 at 5:50 am, by davin
U.S. crude oil inventories fell significantly, impacting market dynamics. The weaker dollar boosts AUD/USD while gold rises on geopolitical tensions. Stay alert for upcoming market volatility linked to these developments. – vtmarketsmy.com
Nomura suggests that economic slowdown concerns could trigger a Treasury rally and lower yields.
Written on June 26, 2025 at 4:51 am, by davin
Nomura predicts U.S. Treasury yields will fall as economic slowdown fears grow. Weak job data could drive investors towards safer assets. Watching job market signals will be crucial for bond traders. – vtmarketsmy.com
Winnebago Industries reports quarterly earnings of $0.81 per share, surpassing Zacks estimate of $0.79
Written on June 26, 2025 at 4:51 am, by davin
Winnebago Industries exceeded earnings expectations but reported a decline in both profit per share and revenues compared to last year. The RV sector struggles as broader market trends diverge. – vtmarketsmy.com