Monthly Archives: June 2025
XAU/USD consolidates around $3,325 during European trading, lagging behind the 20-day EMA amid a risk-on rally
Written on June 25, 2025 at 5:51 pm, by davin
Gold prices are muted as demand dwindles amid a risk rally. With central banks persistently buying gold, price movements hinge on a critical breakout above $3,500 or a drop past $3,245. – vtmarketsmy.com
Markets remain stable as attention focuses on Powell’s testimony and new home sales today.
Written on June 25, 2025 at 5:51 pm, by davin
US markets remain stable as Powell testifies, while Treasury yields slightly increase. Minimal data releases today suggest a cautious trading environment. Watch for volatility around new home sales and oil inventories. – vtmarketsmy.com
Commerzbank analyst Volkmar Baur comments on Australia’s recent monthly inflation figures, suggesting that the inflation situation is clear.
Written on June 25, 2025 at 5:50 pm, by davin
Australia’s inflation is at 2.1%, hitting the central bank’s target, leading to expectations for interest rate cuts. Service prices are also falling, signaling economic easing and potential market shifts ahead. – vtmarketsmy.com
Mortgage applications rise by 1.1% despite slight increase in rates and earlier declines
Written on June 25, 2025 at 4:51 pm, by davin
US mortgage applications rose 1.1% for the week ending June 20, 2025, mainly due to refinancing, not new purchases. Rising mortgage rates indicate a cautious market with potential implications for refinancing activity. – vtmarketsmy.com
The US dollar strengthened as the yen fell, amid uncertainty about the BoJ’s monetary plans.
Written on June 25, 2025 at 4:51 pm, by davin
The US Dollar rises amid Middle East tensions, while the Yen falls after Japan delays monetary tightening. Central banks like the Fed cautiously navigate inflation targets, impacting market expectations and trading strategies. – vtmarketsmy.com
The USD/JPY pair shows slight gains as it retraces amidst overall market stability while awaiting data.
Written on June 25, 2025 at 4:51 pm, by davin
The USD/JPY rose slightly to 145.60 after a dip, driven by reduced geopolitical tensions and a cautious Fed. Key resistance at 145.85 could limit gains as markets await US data. – vtmarketsmy.com
Recent hearing with Fed Chairman Jerome Powell offers few new insights
Written on June 25, 2025 at 4:50 pm, by davin
Fed Chair Jerome Powell emphasizes a cautious wait-and-see approach on interest rates, influenced by trade and inflation. Rate cuts may arise in July if inflation remains low, impacting the US dollar. – vtmarketsmy.com
Canadian inflation figures match predictions with a slight month-on-month rise, analysts say
Written on June 25, 2025 at 3:51 pm, by davin
Canada’s inflation remains steady, easing concerns about economic pressure. The Canadian dollar’s stability is influenced more by a weakening US dollar than local factors, with potential interest rate cuts on the horizon. – vtmarketsmy.com
The US Dollar is expected to decrease against the Chinese Yuan, but it won’t reach 7.1450.
Written on June 25, 2025 at 3:50 pm, by davin
The US Dollar may gradually decline against the Chinese Yuan, potentially approaching 7.1450, as it faces resistance around 7.1950. Analysts advise caution when trading due to market fluctuations. – vtmarketsmy.com
Expectations indicate that the US tariff rate will stay at 10%, with ongoing discussions and anticipated extensions.
Written on June 25, 2025 at 2:51 pm, by davin
Switzerland anticipates US tariffs to remain at 10% post-July 9, creating market stability. While traders bet on policy support, caution is advised as complacency carries risks amid potential changes. – vtmarketsmy.com