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Monthly Archives: July 2025
MUFG recommends buying EUR/GBP due to rising risks for GBP related to public finances
Written on July 12, 2025 at 5:22 am, by davin
MUFG Research recommends going long on EUR/GBP, targeting 0.8850 due to growing GBP risks from UK fiscal concerns. With current prices around 0.8650, the strategy aims for steady euro gains. – vtmarketsmy.com
Markets respond negatively to Trump’s tariff threats, leading to a rise in gold prices above $3,350
Written on July 12, 2025 at 5:21 am, by davin
Gold prices have surged nearly 1% to $3,354, driven by new US trade tariffs and economic uncertainties. With ongoing inflation and geopolitical tensions, gold remains a sought-after safe haven asset. – vtmarketsmy.com
The US Dollar Index sees weekly gains but faces resistance due to rising trade tensions from tariffs
Written on July 12, 2025 at 5:21 am, by davin
The US Dollar rose 0.30% amid escalating trade tensions from new tariffs, particularly a 35% tax on Canadian goods. Market focus shifts to upcoming CPI data, influencing interest rates. – vtmarketsmy.com
Reserve managers sold a lot of JPY and AUD, while boosting CHF holdings and cautiously assessing EUR demand.
Written on July 12, 2025 at 4:22 am, by davin
In early 2025, reserve managers sold Japanese yen and Australian dollars, favoring the Swiss franc amid uncertainties. The US dollar remains strong, while euro sentiment shows signs of improvement, indicating shifting global financial dynamics. – vtmarketsmy.com
The Euro is experiencing growing bearish pressure against the Swiss Franc within its consolidation range.
Written on July 12, 2025 at 4:22 am, by davin
The EUR/CHF pair hovers near 0.9300, showing limited upward momentum and potential for declines. A fall below this level could trigger further selling, while resistance remains strong above 0.9350. – vtmarketsmy.com
Traders watch the NZDUSD between moving averages, looking for clues on future movements.
Written on July 12, 2025 at 4:21 am, by davin
The NZDUSD pair faces key resistance at the 200-hour moving average. Traders should monitor the 100-hour MA for direction. Breakouts are needed for momentum; caution advised around minor fluctuations. – vtmarketsmy.com
In June, the United States’ monthly budget statement exceeded forecasts by $27 billion.
Written on July 12, 2025 at 4:21 am, by davin
June saw a surprising $27 billion US budget surplus instead of the expected deficit, boosting the Dollar’s strength. Meanwhile, cryptocurrencies and gold rise amidst ongoing trade concerns and economic uncertainties. – vtmarketsmy.com
European indices declined at the end of the week but saw overall gains throughout the week.
Written on July 12, 2025 at 3:22 am, by davin
European shares dipped at the week’s end despite overall gains, with mixed U.S. performance reflecting rising yields. Traders should brace for potential market reversals and adjust positioning for evolving conditions. – vtmarketsmy.com
WTI crude oil stays above $67.00 due to lower US output forecasts and ongoing geopolitical tensions.
Written on July 12, 2025 at 3:22 am, by davin
WTI Crude Oil prices stabilize above $67 as traders navigate production forecasts and strong domestic fuel demand, despite U.S. trade tariff concerns. Market dynamics suggest a tighter supply outlook amid robust gasoline need. – vtmarketsmy.com
Bank of America remains optimistic about USD/JPY, expecting yen weakness due to election and tariff risks
Written on July 12, 2025 at 3:21 am, by davin
Bank of America forecasts a weaker yen due to Japan’s political risks and US tariffs, advising long positions on USD/JPY targeting 152, while suggesting EUR/JPY and AUD/JPY as favorable alternatives. – vtmarketsmy.com
