Monthly Archives: June 2025
National security meeting concludes after over an hour, suggesting potential US attack on Iran
Written on June 18, 2025 at 2:51 am, by davin
Trump’s national security meeting on a potential strike against Iran revealed internal tensions and diverging opinions. As decision-making pressure mounts, volatility is expected—traders should brace for impactful shifts. – vtmarketsmy.com
The NAHB Housing Market Index in the US fell below expectations, coming in at 32.
Written on June 18, 2025 at 2:51 am, by davin
The NAHB housing market index drops to 32, missing projections, signaling home builder concerns. Meanwhile, AUD/USD bounces modestly, and USD/JPY trends upward as traders await pivotal Fed decisions. – vtmarketsmy.com
Gold prices rise amid Middle East tensions and mixed US retail data
Written on June 18, 2025 at 1:51 am, by davin
Gold prices rise amidst mixed US retail sales and Middle East tensions, trading around $3,392. Traders are cautious as geopolitical risks and economic indicators shape their strategies. – vtmarketsmy.com
The AUD/USD has retreated, with attention now on important support levels below current prices.
Written on June 18, 2025 at 1:51 am, by davin
The AUDUSD faced a reversal after a recent high, now trading below the 100-bar moving average. With selling pressure intensifying, further declines toward 0.6407 seem likely unless resistance is broken. – vtmarketsmy.com
US industrial production contracts by 0.2%, falling short of growth expectations
Written on June 18, 2025 at 1:50 am, by davin
U.S. industrial production fell 0.2% in May, missing growth expectations, while manufacturing grew slightly by 0.1%. Capacity utilization also dipped, signaling potential economic slowdown. Investors remain cautious. – vtmarketsmy.com
Goldman Sachs expects a Euro rally due to dollar weakness, predicting EUR/USD will reach 1.25
Written on June 18, 2025 at 12:51 am, by davin
Goldman Sachs predicts EUR/USD will reach 1.20 by year-end and 1.25 in a year, driven by dollar weakness rather than euro strength. Expect steady gains, not explosive surges, in this cautious landscape. – vtmarketsmy.com
After reaching a yearly high, NZD/USD fell below key support, creating bearish sentiment and resistance.
Written on June 18, 2025 at 12:51 am, by davin
The NZDUSD reached a yearly high but quickly declined below key support levels. Watch for potential bearish momentum if it breaks below 0.59948; resistance remains between 0.6018 and 0.6029. – vtmarketsmy.com
Capacity utilization in the United States falls short of projections at 77.4% instead of 77.7%
Written on June 18, 2025 at 12:50 am, by davin
US capacity utilization fell to 77.4%, reflecting underused industrial resources, while geopolitical tensions bolstered the Dollar; AUD/USD and EUR/USD dipped. Meanwhile, US stablecoin legislation advances amidst mixed signals from China’s economy. – vtmarketsmy.com
US industrial production misses expectations with a 0.2% decline instead of the projected 0.1% increase
Written on June 17, 2025 at 11:51 pm, by davin
U.S. industrial production fell 0.2% in May, missing expectations of a 0.1% increase. This decline hints at potential economic challenges, urging analysts to adjust forecasts and prepare for future movements. – vtmarketsmy.com
GBP/USD decreases by 1%, nearing important swing levels and the 200-bar moving average
Written on June 17, 2025 at 11:51 pm, by davin
GBPUSD has dropped 1%, testing significant levels between 1.3423 and 1.3443. Traders should watch for potential reversals or breakthroughs here, as recent movements indicate indecision in this key price zone. – vtmarketsmy.com