Monthly Archives: June 2025
Scotiabank analysts say the Pound is stable around 1.36, lower than recent highs from January 2022.
Written on June 25, 2025 at 8:50 pm, by davin
Pound Sterling steadies around 1.36 against the US Dollar, boosted by UK-US yield shifts. Limited domestic data means external influences might sway the pound, keeping traders attentive to US indicators. – vtmarketsmy.com
Chances of new US sanctions on Russia decrease with NATO discussions and reduced geopolitical risks
Written on June 25, 2025 at 7:51 pm, by davin
Oil prices plunged $12 this week but recovered slightly as Middle East tensions eased. U.S. sanctions on Russia may create volatility, while European leaders express frustration with America’s response to Ukraine. – vtmarketsmy.com
The Euro stabilizes near 1.16, just below Tuesday’s multi-year peak from September 2021.
Written on June 25, 2025 at 7:51 pm, by davin
The Euro hovers near a multi-year high at 1.16, buoyed by favorable central bank shifts and a narrowing bond yield spread. Upcoming data could fuel further gains, making long positions attractive. – vtmarketsmy.com
USDCHF rebounds after hitting lows as buyers emerge, shifting momentum and targeting resistance levels
Written on June 25, 2025 at 7:51 pm, by davin
USDCHF hit a 12-year low but rebounded above 0.8054, sparking buying interest. Key resistance is at 0.8088; breaking this could indicate a sustained upward trend amidst market uncertainties. – vtmarketsmy.com
Scotiabank strategists say the Canadian dollar is stable and has little effect on policy outlook.
Written on June 25, 2025 at 7:50 pm, by davin
The Canadian Dollar remains stable around 1.37 despite steady inflation data, with minimal expectations for policy changes. Traders should focus on technical levels while volatility remains subdued. – vtmarketsmy.com
Meloni says a 10% US tariff would have little impact on Italian companies, highlights importance of EU-US trade talks
Written on June 25, 2025 at 6:51 pm, by davin
Italy’s Prime Minister Meloni downplays the potential impact of a US 10% tariff on Italian firms, as EU trade negotiations face internal divisions. Markets may react differently, warranting close monitoring. – vtmarketsmy.com
US dollar shows slight firmness as geopolitical tensions ease, despite recent performance losses
Written on June 25, 2025 at 6:51 pm, by davin
The US Dollar consolidates after recent losses while the Australian and New Zealand Dollars outperform. Mixed global markets and rising oil prices create volatility ahead of key economic data. – vtmarketsmy.com
USDCAD rallies towards resistance after a volatile decline, maintaining bullish control above key support levels
Written on June 25, 2025 at 6:51 pm, by davin
USDCAD is showing bullish momentum after a bounce from key support levels. With resistance at 1.3781 in sight, traders should watch for price action around critical support zones for insights on market direction. – vtmarketsmy.com
Mortgage applications in the United States increased by 1.1%, in contrast to a decrease of 2.6%.
Written on June 25, 2025 at 6:50 pm, by davin
Mortgage applications rose 1.1%, signaling market resilience amid a weaker US dollar. Meanwhile, the euro and pound strengthen, gold recovers slightly, and Bitcoin aims for $110,000 fueled by positive sentiment. – vtmarketsmy.com
EURUSD and GBPUSD see modest declines after hitting new highs amid market uncertainty.
Written on June 25, 2025 at 5:51 pm, by davin
EURUSD and GBPUSD saw minor declines after highs, while USDJPY rebounded slightly. Central banks hint at future rate changes due to inflation concerns, impacting market sentiment amid cautious optimism in equities. – vtmarketsmy.com