Monthly Archives: June 2025
GBP/USD stays under pressure near 1.3400 support ahead of Bank of England’s decision
Written on June 19, 2025 at 2:51 pm, by davin
GBP/USD is under pressure near the 1.3400 support level as the Bank of England is expected to maintain interest rates at 4.25%. Diverging votes within the Monetary Policy Committee signal uncertainty ahead. – vtmarketsmy.com
Switzerland’s trade surplus fell in May due to an 8.2% drop in exports and increasing imports
Written on June 19, 2025 at 1:51 pm, by davin
Switzerland’s May trade surplus fell to CHF 3.83 billion as exports dropped 8.2%, prompting concerns about economic trends. The struggling watch industry highlights shifts in global demand, affecting pricing strategies. – vtmarketsmy.com
The SNB is expected to cut rates to 0% today to address deflationary risks and inflation dynamics.
Written on June 19, 2025 at 1:51 pm, by davin
The Swiss central bank is cutting interest rates to 0% amid deflation concerns and a strong franc. Market predictions suggest further cuts, but negative rates remain unlikely for now. – vtmarketsmy.com
ING observes that recent US macro events have had little impact on foreign exchange due to ongoing uncertainty and volatility.
Written on June 19, 2025 at 1:51 pm, by davin
Geopolitical tensions and economic uncertainties are shaping markets, with a slight dovish Fed stance and reduced foreign Treasury holdings indicating domestic investor influence. Watch for volatility driven by oil prices and geopolitical risks. – vtmarketsmy.com
A few EUR/USD FX option expiries might affect price movement, but overall market activity may be low.
Written on June 19, 2025 at 12:51 pm, by davin
On June 19, EUR/USD option expiries at 1.1475 and 1.1500 could influence price movements amidst a quiet market due to a US holiday, with caution advised for traders navigating volatility. – vtmarketsmy.com
The AUD/JPY currency pair is nearing initial support at 94.00 and is trending upward within a channel.
Written on June 19, 2025 at 12:51 pm, by davin
AUD/JPY trades at 94.10, above key support levels, indicating a bullish trend. Watch for potential upside toward 95.20 or downside risks if it drops below 93.99. – vtmarketsmy.com
A US holiday leads to closed markets, lighter trading, and decisions by European central banks.
Written on June 19, 2025 at 12:51 pm, by davin
US markets are quiet due to Juneteenth, while geopolitical tensions with Iran and central bank decisions in Europe, notably from the Swiss National Bank, may create trading opportunities. – vtmarketsmy.com
In April, year-on-year construction output in the Eurozone rose from -1.1% to 3%
Written on June 19, 2025 at 12:50 pm, by davin
Eurozone construction output surged to 3%, reversing previous declines. Meanwhile, gold rises amid geopolitical tensions and Bitcoin faces risks at $103,100. Traders should prepare for potential market shifts. – vtmarketsmy.com
In April, Eurozone construction output increased from 0.1% to 1.7% month-on-month.
Written on June 19, 2025 at 11:51 am, by davin
Eurozone construction output surged to 1.7%, while GBP/USD stayed steady post-BoE rate hold. Gold and Bitcoin oscillate amid Middle East tensions, highlighting market caution and the evolving economic landscape. – vtmarketsmy.com
JP Morgan sticks to its asset allocation strategy, acknowledging a strong US economy despite the Fed’s outlook
Written on June 19, 2025 at 11:51 am, by davin
J.P. Morgan Asset Management is sticking to its asset strategy, focusing on international equities and alternative incomes amid rising volatility. They view the U.S. economy as strong despite recent Fed adjustments. – vtmarketsmy.com
