Monthly Archives: June 2025
UOB Group analysts predict the USD/JPY may reach 145.00, with strong resistance at 145.50
Written on June 16, 2025 at 9:50 pm, by davin
US Dollar may test 145.00 against Yen but faces strong resistance at 145.50. Expect fluctuations between 143.00 and 145.50. Stay alert to support levels as market dynamics shift. – vtmarketsmy.com
The Japanese yen is weak compared to the US dollar and lags behind G10 currencies.
Written on June 16, 2025 at 8:51 pm, by davin
The Japanese Yen remains weak against the US Dollar, with a crucial Bank of Japan decision on rates upcoming. Market sensitivity is high; subtle policy hints could trigger significant moves. – vtmarketsmy.com
A report indicates that Iran wants to reduce hostilities and return to negotiations, depending on U.S. involvement.
Written on June 16, 2025 at 8:51 pm, by davin
Iran seeks reduced tensions and talks with the U.S., but Israel’s military actions complicate peace efforts. Traders should focus on real-time events over diplomatic rhetoric to navigate ongoing volatility. – vtmarketsmy.com
In May, Canadian housing starts exceeded predictions, reaching 279.5K instead of the expected 248K.
Written on June 16, 2025 at 8:50 pm, by davin
Gold prices decline as geopolitical tensions ease, with Ripple’s XRP trending positively. Mixed Chinese data signals steady growth, while Canadian housing surges points to potential monetary policy shifts. – vtmarketsmy.com
Scotiabank strategists note that GBP stays stable against USD due to low risk appetite and slight dollar weakness.
Written on June 16, 2025 at 7:51 pm, by davin
Global currency dynamics are shifting, with gold under pressure as markets await inflation data. Sterling and the Aussie dollar benefit from a weakening US dollar, while China’s mixed data influences growth outlooks. – vtmarketsmy.com
Housing starts in Canada hit 279.5K, surpassing expectations and showing strong construction resilience
Written on June 16, 2025 at 7:51 pm, by davin
Canada’s housing starts in May exceeded expectations, reaching 279.5K despite price declines, indicating strong construction confidence. This could impact interest rate policies, prompting traders to reassess their market strategies. – vtmarketsmy.com
Pound Sterling rises to about 1.3590 against the US Dollar ahead of policy decision.
Written on June 16, 2025 at 7:50 pm, by davin
The Pound Sterling stabilizes around 1.3580 against the US Dollar as traders await messages from the Federal Reserve and Bank of England amidst rising geopolitical tensions and softer UK employment data. – vtmarketsmy.com
OPEC keeps oil demand forecasts for 2025 and 2026, expecting a strong economy in late 2025
Written on June 16, 2025 at 6:52 pm, by davin
OPEC projects strong global economic growth in late 2025 while revising non-OPEC oil supply estimates downward. Geopolitical shifts influence fluctuating oil prices, urging traders to stay alert to market dynamics. – vtmarketsmy.com
The euro gained 0.2% against the US dollar, showing signs of recovery amid expectations from the ECB and Fed.
Written on June 16, 2025 at 6:51 pm, by davin
The Euro has risen 0.2% against the US Dollar, buoyed by the ECB’s steady stance and contrasting Fed outlook. Upcoming central bank meetings could significantly impact this trend. – vtmarketsmy.com
Markets are shifting away from Middle East tensions, leading to rising equities and falling oil prices.
Written on June 16, 2025 at 6:51 pm, by davin
Crude oil prices stabilize amid easing Middle East tensions, while markets show cautious optimism. Key central bank meetings loom, likely affecting equities and currencies as India aims for a US deal. – vtmarketsmy.com
