Monthly Archives: July 2025
EUR/USD recovers as US dollar weakens amid concerns over tariffs and ECB comments
Written on July 4, 2025 at 7:21 pm, by davin
The Euro is recovering against a weakening Dollar, despite ongoing Eurozone economic concerns and tariff threats. ECB leaders suggest stable rates, impacting future market dynamics and currency trends. – vtmarketsmy.com
China announces final decision on EU brandy, imposing duties of up to 34.9% over five years
Written on July 4, 2025 at 6:22 pm, by davin
China withholds approval of a cognac trade deal, tying it to electric vehicle tariff negotiations. As tariffs loom, market strategies must adapt to new trade linkages, increasing volatility. – vtmarketsmy.com
In June, India’s foreign exchange reserves rose from $697.94 billion to $702.78 billion.
Written on July 4, 2025 at 6:22 pm, by davin
India’s forex reserves reached $702.78 billion, signaling strong financial health. Meanwhile, EUR/USD remains steady below 1.1800; GBP/USD fluctuates due to UK political tensions. Gold prices hold at $3,300 amid rate cut speculation. – vtmarketsmy.com
Despite a positive NFP report, the USD struggled while the JPY was influenced by risk sentiment
Written on July 4, 2025 at 6:22 pm, by davin
USDJPY surged briefly post-US NFP report but lost gains due to weak wage growth, limiting rate cuts. Key trading levels are 142.35 support and 146.00 resistance; watch for momentum shifts. – vtmarketsmy.com
Dollar Index falls below 97.00 as tariff concerns increase
Written on July 4, 2025 at 6:21 pm, by davin
The US Dollar Index drops below 97.00 amid tariff uncertainties and rising inflation concerns. Trump’s new tariff announcements could disrupt markets, signaling caution in the face of fluctuating economic growth. – vtmarketsmy.com
European indices open lower due to cautious sentiment on tariffs and US market closure
Written on July 4, 2025 at 5:22 pm, by davin
European markets opened lower, with declines across major indices, reflecting investor caution ahead of potential US tariff increases in August. The current sentiment suggests a more careful approach to trading. – vtmarketsmy.com
UOB Group analysts suggest that USD/CNH may trade between 7.1600 and 7.1750.
Written on July 4, 2025 at 5:22 pm, by davin
The USD is expected to consolidate between 7.1600 and 7.1750, suggesting limited upward momentum. Traders should be cautious, as recent gains may not sustain against strong resistance. – vtmarketsmy.com
Switzerland’s unemployment rate rises to 2.9% in June after May’s revision
Written on July 4, 2025 at 5:22 pm, by davin
Switzerland’s unemployment rose slightly to 2.9% in June, indicating a potential slowdown in the labor market. This shift could influence monetary policy decisions amid changing economic conditions and wage pressures. – vtmarketsmy.com
BBH analysts say weak wage data keeps USD/JPY below the key 145.00 resistance level.
Written on July 4, 2025 at 5:21 pm, by davin
The USD/JPY exchange rate remains under 145.00 as Japan’s wage growth hits a 30-year high, but slow Bank of Japan interest rate movements suggest cautious market responses and potential volatility ahead. – vtmarketsmy.com
Low-impact releases during the European session include construction PMI and Italian retail sales, which have minimal market influence. The American session features the Canadian services PMI, but it is unlikely to affect trading, as markets typically slow down due to a US holiday.
Written on July 4, 2025 at 4:22 pm, by davin
Today’s European session features low-impact data releases that are unlikely to influence the market. With a US holiday, expect slow trading, limited activity, and potential for sudden, short-lived price moves. – vtmarketsmy.com