Monthly Archives: June 2025
The central bank is actively buying HKD within its trading band to support the Hong Kong dollar.
Written on June 26, 2025 at 4:51 am, by davin
The HKMA is buying Hong Kong dollars to maintain its currency peg with the U.S. dollar, countering pressures from a strong USD and ensuring liquidity stability in the market. – vtmarketsmy.com
In May, actual new home sales in the United States were 623,000, falling short of forecasts
Written on June 26, 2025 at 4:50 am, by davin
US new home sales fell to 623,000, below expectations, indicating weak consumer confidence. In financial markets, the USD weakens while gold and cryptocurrencies recover amid geopolitical tensions and fluctuating yields. – vtmarketsmy.com
J.P. Morgan anticipates a rate cut in December due to economic pressures but remains optimistic about tech stability
Written on June 26, 2025 at 3:52 am, by davin
J.P. Morgan predicts the AI-driven market rally will persist despite tariff threats and a slowing U.S. economy, bolstered by strong tech fundamentals and institutional demand, alongside potential rate cuts ahead. – vtmarketsmy.com
Susan Collins, president of the Boston Fed, comments on US economic stability and effective monetary policy
Written on June 26, 2025 at 3:51 am, by davin
Susan Collins from the Fed states the US economy is stable, urging patience on rate cuts. Tariffs pose risks, affecting inflation and employment, while markets reacted neutrally to her comments. – vtmarketsmy.com
The US dollar weakened, while the euro and pound hit their highest levels since 2021
Written on June 26, 2025 at 3:51 am, by davin
US home sales fell short in May, while crude inventories plummeted, hinting at strong demand. Shell’s potential acquisition of BP stirred interest in the energy sector amid a weakening dollar. – vtmarketsmy.com
Canadian dollar weakens against US dollar as currency pair tries to break free from consolidation
Written on June 26, 2025 at 3:50 am, by davin
USD/CAD climbs as traders await Fed Chair Powell’s insights and US New Home Sales data. Market volatility looms, with potential breakouts on the horizon as key economic indicators are analyzed. – vtmarketsmy.com
The economic calendar in Asia seems quiet, with only the KRW and SGD likely to react.
Written on June 26, 2025 at 2:51 am, by davin
On June 26, 2025, Asia’s economic calendar is light, suggesting limited currency movement. Traders should focus on external factors and technical levels as liquidity thins during this quiet session. – vtmarketsmy.com
Gold prices fall as optimism rises from the ceasefire and market sentiment shifts to risk-on.
Written on June 26, 2025 at 2:51 am, by davin
Gold prices remain steady despite disappointing US housing data and hawkish Fed signals. With key indicators looming, market volatility could shift as traders navigate uncertain economic conditions and potential policy changes. – vtmarketsmy.com
US dollar recovers slightly, leading to a decline in the Indian rupee during trading
Written on June 26, 2025 at 2:50 am, by davin
USD/INR stabilizes above 86.00 after a three-day dip, supported by demand for USD and easing geopolitical tensions. Crude oil price fluctuations and RBI actions influence the currency’s volatility. – vtmarketsmy.com
Deutsche Bank highlights the vulnerabilities of currencies and emphasizes the long-term value of hard assets and reserves
Written on June 26, 2025 at 1:51 am, by davin
Deutsche Bank’s chart reveals the US dollar’s long-term decline, with few currencies outperforming it and many experiencing steep devaluation. Gold remains a crucial hedge against currency instability, urging investors to rethink financial strategies. – vtmarketsmy.com