Monthly Archives: June 2025
AUD/JPY pair slows down its gains near 94.50 as the BoJ keeps interest rates steady
Written on June 17, 2025 at 6:52 am, by davin
AUD/JPY dipped to 94.50 after the Bank of Japan maintained its interest rate policy. Positive Chinese retail data boosts the Australian dollar, creating opportunities for traders amid evolving currency dynamics. – vtmarketsmy.com
PBOC expected to set USD/CNY reference rate at 7.1820, according to Reuters
Written on June 17, 2025 at 6:51 am, by davin
The People’s Bank of China sets the USD/CNY reference rate at 7.1820, guiding daily yuan trading. Traders should focus on stable methods, anticipating limited fluctuations unless major economic changes occur. – vtmarketsmy.com
US dollar steadily gains against risk assets amid developments in Trump’s National Security Council
Written on June 17, 2025 at 5:52 am, by davin
The US dollar strengthens amid geopolitical tensions, largely due to President Trump’s statements about Iran and his early departure from the G7 summit. Markets react cautiously, raising volatility risk premiums. – vtmarketsmy.com
USD/CAD rises to about 1.3580 as the US dollar strengthens due to geopolitical tensions
Written on June 17, 2025 at 5:51 am, by davin
USD/CAD surged to 1.3580 amid geopolitical tensions involving Israel and Iran. With US retail sales data on the horizon, traders speculate on future interest rate cuts, while rising oil prices benefit the Canadian Dollar. – vtmarketsmy.com
A new trade agreement between Canada and the U.S. is expected to be finalized soon.
Written on June 17, 2025 at 5:50 am, by davin
Canada’s PM Carney and Trump’s tariff agreement aims for resolution within 30 days, boosting cautious optimism in currency markets. Investors must navigate fluctuating risk sentiment and potential volatility ahead. – vtmarketsmy.com
The Canadian dollar strengthens against the weakening US dollar, hitting an eight-month high
Written on June 17, 2025 at 4:51 am, by davin
The Canadian Dollar rises 0.17% against the US Dollar amid Middle East tensions and market volatility. Oil prices and interest rate expectations significantly impact CAD strength and market sentiment. – vtmarketsmy.com
Markets weigh Israel-Iran tensions as silver prices stabilize above $36.00 following recent gains
Written on June 17, 2025 at 4:50 am, by davin
Silver prices are consolidating above $36 amid geopolitical tensions and a weakening US Dollar. With over 10% gains this month, traders await signals from the Fed and market developments. – vtmarketsmy.com
New Zealand food price index increases by 0.5% month-on-month, down from 0.8%
Written on June 17, 2025 at 3:51 am, by davin
New Zealand’s Food Price Index rose 0.5% in May 2025, indicating potential easing inflation. This trend affects consumer budgets and influences interest rate expectations, prompting cautious analysis of market responses. – vtmarketsmy.com
Indian Rupee rises above 86.00 against USD after a decline in the US Dollar Index
Written on June 17, 2025 at 3:51 am, by davin
The Indian Rupee rebounded against the US Dollar, aided by improved trade data and a weaker Dollar Index. Market focus shifts to upcoming US economic indicators and geopolitical tensions. – vtmarketsmy.com
Mark Carney and Donald Trump plan to finalize a trade agreement next month.
Written on June 17, 2025 at 3:51 am, by davin
Carney and Trump have set a 30-day deadline for resolving trade issues, introducing urgency to negotiations. This timeline may shift market strategies, creating opportunities for traders amid potential volatility. – vtmarketsmy.com