Monthly Archives: June 2025
Growing concerns about the Israel-Iran conflict weaken USD/CHF, leading to a shift towards the Swiss Franc
Written on June 20, 2025 at 6:50 am, by davin
The USD/CHF pair dropped to 1.3690 amid rising geopolitical tensions and a SNB interest rate cut. The Swiss Franc strengthens as investors seek stability amidst global uncertainties. – vtmarketsmy.com
TD Securities says the Bank of England’s decision offers little hope for the pound
Written on June 20, 2025 at 5:51 am, by davin
The Bank of England kept interest rates steady in a surprising 6-3 vote, hinting at divided opinions on future cuts. Broader geopolitical issues overshadowed this decision’s impact on the pound. – vtmarketsmy.com
New Zealand dollar traders should note reduced liquidity from market closure for a holiday
Written on June 20, 2025 at 5:51 am, by davin
New Zealand’s financial markets are closed today, limiting trading in the kiwi dollar. Thin liquidity may lead to wider spreads and erratic price movements, making it a day for cautious monitoring. – vtmarketsmy.com
Standard Chartered reports 0.8% quarterly GDP growth in New Zealand, driven by services and manufacturing, surpassing predictions
Written on June 20, 2025 at 5:50 am, by davin
New Zealand’s GDP rose 0.8% in Q1, surpassing expectations, yet per capita income shows decline. External pressures like tariffs and rising oil prices challenge stable growth, raising concerns over future inflation and economic momentum. – vtmarketsmy.com
Alexander Novak urges OPEC+ to boost oil production in response to growing summer demand and market stability
Written on June 20, 2025 at 4:51 am, by davin
OPEC+ plans to gradually increase oil production by 2.2 million bpd, responding to summer demand while maintaining stability amidst geopolitical tensions. This structured approach aims to reduce market volatility and predict supply changes. – vtmarketsmy.com
Silver declines again after a recent peak as traders take profits during the Fed’s pause.
Written on June 20, 2025 at 4:51 am, by davin
Silver’s recent pullback from $37.32 follows profit-taking after the Fed paused rate hikes. With strong demand but waning momentum, cautious trading is advised as prices hover around $36.35. – vtmarketsmy.com
Four predictions indicate that oil prices might soar to $130 if conflict disrupts Iranian exports.
Written on June 20, 2025 at 4:51 am, by davin
J.P. Morgan warns that tensions over the Strait of Hormuz could spike oil prices to $130, while market reactions fluctuate based on geopolitical risks, supply fears, and trader positioning. – vtmarketsmy.com
Gold fluctuates between $3,360 and $3,400 as traders evaluate Fed insights during a US holiday
Written on June 20, 2025 at 4:50 am, by davin
Gold prices are under pressure from a strong US Dollar, with cautious sentiment and potential resistance at $3,371. Market uncertainty and geopolitical tensions spark interest in gold as a safe-haven asset. – vtmarketsmy.com
Focus shifts to the Iran-Israel conflict amid rising tensions and economic implications.
Written on June 20, 2025 at 3:51 am, by davin
US markets paused for Juneteenth as global tensions rise, particularly the escalating Israel-Iran conflict, impacting crude oil prices. Central banks remain cautious, while safe havens like gold and Bitcoin stabilize amid uncertainty. – vtmarketsmy.com
Indian Rupee falls to three-month low against the Dollar amid rising Israel-Iran tensions
Written on June 20, 2025 at 3:51 am, by davin
The Indian Rupee has hit a three-month low against the US Dollar due to rising oil prices from Middle East tensions, intensifying inflation pressures and affecting import costs. – vtmarketsmy.com
