Monthly Archives: June 2025
LeBlanc is confident about advancing the US-Canada deal despite challenges and ongoing tariff talks.
Written on June 17, 2025 at 12:50 am, by davin
Dominic LeBlanc is optimistic about US-Canada trade negotiations accelerating. Despite setbacks, renewed urgency hints at potential breakthroughs, impacting tariffs, hedging strategies, and the market’s responsiveness to rapid changes. – vtmarketsmy.com
WTI crude oil falls $1.21 to $71.77 after early gains amid Middle Eastern tensions
Written on June 16, 2025 at 11:51 pm, by davin
WTI crude oil fell to $71.77 after a volatile session fueled by geopolitical tensions in the Middle East. Traders face risks of rapid sentiment shifts despite no actual supply disruptions. Stay alert! – vtmarketsmy.com
Russia’s Central Bank reserves increase to $687.3 billion from $678.7 billion
Written on June 16, 2025 at 11:51 pm, by davin
Russia’s central bank reserves increased to $687.3 billion, reflecting strategic economic management. This growth impacts fiscal policies and market dynamics, influencing risk assessments and trading strategies across regional assets. – vtmarketsmy.com
The U.S. auctioned 20-year bonds with a yield of 4.942% and strong demand, indicated by an average bid-to-cover ratio.
Written on June 16, 2025 at 11:50 pm, by davin
The U.S. Treasury’s recent 20-year bond auction attracted strong demand, achieving a yield of 4.942%. With solid domestic and international interest, it signals a favorable sentiment toward long-term investments. – vtmarketsmy.com
The EUR/USD rallied towards last week’s high, encountering sellers but staying above the supportive level of 1.15736.
Written on June 16, 2025 at 10:51 pm, by davin
The EURUSD tested support around 1.1573 after failing to maintain lower levels; the focus shifts to potential gains above 1.16139, but caution remains as traders await key market signals. – vtmarketsmy.com
In June, the NY Empire State Manufacturing Index recorded a -16, falling short of expectations.
Written on June 16, 2025 at 10:51 pm, by davin
The NY Empire State Manufacturing Index fell to -16 in June, signaling contraction. Meanwhile, AUD/USD rebounded as the US Dollar weakened. Gold prices dropped, and Ripple shows bullish potential towards $3.00. – vtmarketsmy.com
Trump shares optimism about a deal with Canada while discussing Iran and G7 dynamics; market reactions remain minimal.
Written on June 16, 2025 at 10:51 pm, by davin
During the G7 summit, Trump expressed optimism about trade negotiations with Canada and discussed Iran and Russia’s roles. Market reactions were muted, but geopolitical tensions may impact energy prices. Stay alert! – vtmarketsmy.com
Analysts expect the USD/CNH pair to fluctuate between 7.1770 and 7.1970.
Written on June 16, 2025 at 10:50 pm, by davin
The USD is currently range-bound between 7.1770 and 7.1970, indicating market uncertainty. Analysts suggest patience is key, as expected breakouts remain elusive, emphasizing a cautious, fade-the-extremes trading approach. – vtmarketsmy.com
Trump and Carney are in a closed-door meeting, set to appear together later, while USD/CAD falls by 27 pips to 1.3559.
Written on June 16, 2025 at 9:51 pm, by davin
Trump and Carney’s delayed meeting is stirring market reactions, notably weakening USD/CAD by 27 pips. Traders are bracing for potential shifts in expectations and volatility from their joint statement. – vtmarketsmy.com
European Commission dismisses reports that the EU will accept a 10% US tariff.
Written on June 16, 2025 at 9:51 pm, by davin
The EU firmly rejects any speculation regarding accepting a US 10% tariff, emphasizing ongoing negotiations are uncertain, impacting the euro’s volatility and urging traders to focus on verified information. – vtmarketsmy.com