Monthly Archives: June 2025
US-China negotiations are paused, creating uncertainty around Treasury Secretary’s testimony
Written on June 10, 2025 at 10:51 pm, by davin
US-China trade negotiations are paused, heightening interest in Treasury Secretary Bessent’s upcoming Congress testimony. Her insights could influence global markets, as uncertainties loom over the future of economic relations. – vtmarketsmy.com
US official confirms ongoing discussions with China, while Iran’s negotiations make little progress
Written on June 10, 2025 at 10:50 pm, by davin
US-China talks progress slowly, indicating stability, while Iran stalls in nuclear negotiations, raising uncertainty. Market reactions may vary as these diplomatic outcomes shape risk assessments. A critical moment lies ahead. – vtmarketsmy.com
Forecasts predict a decrease in US oil production in 2026 compared to 2025.
Written on June 10, 2025 at 9:51 pm, by davin
US oil production is projected to decrease to 13.37 mbpd by 2026, amid declining drilling activity and oil prices. Global demand forecasts are also reduced, indicating market caution is warranted. – vtmarketsmy.com
India and the US make progress on trade, but negotiations will continue
Written on June 10, 2025 at 9:50 pm, by davin
The US and India are negotiating trade agreements, aiming to resolve tariffs and boost trade by 2030. Ongoing discussions may yield an interim deal by month-end, potentially impacting market dynamics. – vtmarketsmy.com
Buyers of EUR/USD regain control after breaking the 100-hour moving average; key support levels are important for maintaining momentum
Written on June 10, 2025 at 8:51 pm, by davin
The EURUSD’s failed breakdown below the 200-hour moving average sparked a snapback rally, with buyers gaining momentum above the 100-hour MA. Traders now watch for sustained support and potential further gains. – vtmarketsmy.com
Goldman Sachs updates EUR/USD forecasts, citing weaker US assets and a slowing economy driving capital shifts
Written on June 10, 2025 at 8:50 pm, by davin
Goldman Sachs revises EUR/USD forecasts due to a slowing US economy and declining foreign interest in USD assets, predicting 1.25 in 12 months. Traders should adapt to changing market dynamics. – vtmarketsmy.com
The World Bank lowers the 2025 growth forecast, impacting economies and raising concerns
Written on June 10, 2025 at 7:51 pm, by davin
The World Bank cuts global growth forecasts, predicting 2025 will witness the slowest growth in 60 years. While emerging economies remain resilient, advanced regions, especially the US and Eurozone, face significant declines. – vtmarketsmy.com
USD/CAD fluctuates in Asian trading before declining as optimism grows over potential US-Canada trade agreement discussions
Written on June 10, 2025 at 7:50 pm, by davin
The USD/CAD exchange rate fluctuated amid talks of a US-Canada trade deal and Canada’s NATO spending commitment. Expectations suggest a potential decline in the USD, favoring the Canadian dollar. – vtmarketsmy.com
The USDCHF pair faces downward pressure while struggling below key resistance levels and looking for support.
Written on June 10, 2025 at 6:51 pm, by davin
The USDCHF pair is stalled near resistance at 0.82415, with sellers in control. Watch key support levels below for potential drops, or resistance at 0.8249 for upward movement. – vtmarketsmy.com
Poll shows 59 economists expect the Fed to lower rates by September
Written on June 10, 2025 at 6:50 pm, by davin
Economists predict the Federal Reserve will cut interest rates in September, with multiple reductions likely in 2025. Traders should focus on cautious strategies amidst modest growth forecasts and potential sentiment shifts. – vtmarketsmy.com
