Monthly Archives: June 2025
Scotiabank strategists say the Japanese Yen is weak and trading cautiously against the Dollar.
Written on June 20, 2025 at 12:50 am, by davin
The Japanese Yen fell 0.2% against the US Dollar, influenced by upcoming CPI data. The AUD/USD reached a two-week low, while Euro and gold prices stabilized amid geopolitical tensions. – vtmarketsmy.com
Trump says the WSJ misrepresents his views on Iran as debate over US military involvement continues
Written on June 19, 2025 at 11:51 pm, by davin
Trump denies The Wall Street Journal’s claims about military action against Iran, causing market unease. S&P 500 futures drop as oil prices rise, reflecting fears of geopolitical conflict and potential supply disruptions. – vtmarketsmy.com
Markets respond to the Bank of England’s decision to hold, leading to a decline in the value of the Pound Sterling.
Written on June 19, 2025 at 11:51 pm, by davin
Pound Sterling is holding steady at 1.3390, influenced by US dollar weaknesses rather than UK strengths. With a divided Bank of England signaling potential rate cuts, caution is advised for traders. – vtmarketsmy.com
Technical analysis affects major currency pairs as markets stay calm due to central bank decisions and holidays.
Written on June 19, 2025 at 11:51 pm, by davin
The USD shows mixed stability as central banks adjust rates, with European stocks declining. Attention shifts to inflation and economic data, highlighting volatility in currency markets amid diverging central bank views. – vtmarketsmy.com
Norway’s central bank unexpectedly lowers its policy interest rate to 4.25%, suggesting possible future cuts
Written on June 19, 2025 at 11:50 pm, by davin
Norges Bank surprisingly cut its interest rate to 4.25%, hinting at further decreases by year-end. This policy shift may lower borrowing costs while weakening the Krone against the Euro. – vtmarketsmy.com
Expectations met as the SNB reinstates zero rates and the BOE keeps its rate steady.
Written on June 19, 2025 at 10:51 pm, by davin
European central banks diverged today: Switzerland cut rates to combat deflation, while the UK held rates steady amid stagflation fears. Markets showed muted reactions, with geopolitical tensions looming. – vtmarketsmy.com
Scotiabank’s strategists say the Euro remains stable below 1.15 against the US Dollar.
Written on June 19, 2025 at 10:51 pm, by davin
The Euro hovers below 1.15 against the US Dollar, showing stability amid muted market activity. Traders eye potential rate cuts, with key support at 1.1420 and resistance at 1.1520. – vtmarketsmy.com
EU officials appear more open to accepting 10% tariffs as the minimum for trade agreements with the US.
Written on June 19, 2025 at 10:51 pm, by davin
EU officials reluctantly accept a baseline 10% tariff in US trade talks, complicating negotiations for lower rates. This entrenched figure signals challenges ahead, reshaping market expectations and pricing strategies. – vtmarketsmy.com
Iranian parliament member suggests closing the Strait of Hormuz as a possible retaliation.
Written on June 19, 2025 at 10:50 pm, by davin
Iran’s warning about closing the Strait of Hormuz has sparked a 2% rise in crude oil prices. Market dynamics are reacting swiftly to geopolitical tensions, raising stakes for traders and investors. – vtmarketsmy.com
De Guindos from the ECB says growth needs more than just price stability and productivity improvements.
Written on June 19, 2025 at 9:51 pm, by davin
The ECB emphasizes that price stability is just one aspect of economic growth. Key factors include productivity, competitiveness, and labor market efficiency, with potential gains from AI and infrastructure investment. – vtmarketsmy.com
