Monthly Archives: July 2025
US dollar gains momentum after strong data amid uncertainties with Trump and Powell
Written on July 18, 2025 at 2:21 am, by davin
The US Dollar is rebounding thanks to strong retail sales and lower jobless claims, despite political pressure for rate cuts. Traders should prepare for volatility amid ongoing trade tensions and uncertain monetary policy. – vtmarketsmy.com
PBOC sets USD/CNY reference rate at 7.1498, lower than the estimated 7.1736, and injects 187.5 billion yuan via reverse repos at 1.40%
Written on July 18, 2025 at 2:21 am, by davin
The People’s Bank of China is managing the yuan’s value amidst economic challenges and monetary stimulus, aiming for stability while allowing gradual depreciation. Traders should focus on range-bound strategies rather than betting on drastic declines. – vtmarketsmy.com
Swiss franc weakens while US dollar strengthens due to positive US economic indicators and Fed comments
Written on July 18, 2025 at 1:23 am, by davin
The US Dollar remains strong against the Swiss Franc, fueled by robust economic data and Federal Reserve hawkishness. Traders anticipate upward momentum, making strategic positions on USD/CHF appealing despite tariff concerns. – vtmarketsmy.com
Japan’s core inflation drops to 3.3%, easing pressure on the Bank of Japan’s policies
Written on July 18, 2025 at 1:23 am, by davin
Japan’s core inflation eased to 3.3% in June, alleviating pressure on the Bank of Japan to raise interest rates. This dynamic may favor Japanese equities and the dollar-yen exchange rate. – vtmarketsmy.com
Japanese elections are coming up, raising concerns about fiscal policy and possible market volatility.
Written on July 18, 2025 at 1:22 am, by davin
Japan’s upper house elections on July 20 pose risks for Prime Minister Ishiba’s coalition amid low approval ratings and rising costs. Opposition strategies might reshape fiscal policies, impacting currency and bonds. – vtmarketsmy.com
Gold struggles to rise after rejection at $3,300 amid dollar strength and economic data
Written on July 18, 2025 at 1:22 am, by davin
Gold prices are consolidating around $3,335 as traders assess mixed signals from US economic data and the Federal Reserve. Market strategies focus on potential volatility amid uncertainty around interest rate decisions. – vtmarketsmy.com
GBP/USD falls as US Dollar strengthens after strong US economic data release
Written on July 18, 2025 at 1:22 am, by davin
GBP/USD trades down at 1.3408 amid strong US economic data, reducing rate cut chances. With UK inflation issues and market signals, further declines are likely unless the pound breaks resistance at 1.3500. – vtmarketsmy.com
The PBOC is expected to set the USD/CNY reference rate at 7.1736 soon.
Written on July 18, 2025 at 1:21 am, by davin
The PBOC manages the yuan’s daily midpoint, allowing fluctuations within a 2% band. Ongoing economic pressures may prompt currency interventions, making range-trading strategies with derivatives advantageous amid stability. – vtmarketsmy.com
Canada’s trade minister seeks quick talks with China and promotes trade discussions with multiple countries
Written on July 18, 2025 at 1:21 am, by davin
Canada’s trade minister is seeking dialogue with China and India to boost trade amid evolving relations. This could strengthen the Canadian dollar and present opportunities in ASEAN and Mercosur markets. – vtmarketsmy.com
Chancellor Friedrich Merz expresses concerns about EU tax plans, indicating Germany’s resistance
Written on July 18, 2025 at 12:23 am, by davin
German Chancellor Merz opposes EU plans for corporate tax hikes, fearing political friction that could destabilize markets. Uncertainty may weaken the Euro while increasing volatility, affecting corporate earnings forecasts. – vtmarketsmy.com