Monthly Archives: July 2025
EUR/USD pair declines further, nearing 1.175 as the US dollar strengthens ahead of the report
Written on July 2, 2025 at 11:22 pm, by davin
The Euro is weakening against a stronger US Dollar, driven by robust US job data and cautious remarks from Jerome Powell. Upcoming economic indicators may further influence the EUR/USD trend. – vtmarketsmy.com
NASDAQ and S&P indices near record highs as Nvidia, Tesla, and Robinhood shares climb
Written on July 2, 2025 at 11:22 pm, by davin
The NASDAQ soared to a new high of 20374.30, driven by strong performances from Nvidia and Tesla. Meanwhile, Robinhood shares surged 7.56%, maintaining bullish momentum and highlighting market resilience despite tariff concerns. – vtmarketsmy.com
Brazil’s industrial output in May meets expectations with a 0.5% decrease
Written on July 2, 2025 at 11:21 pm, by davin
Brazil’s industrial output dropped 0.5% in May, while Forex markets see stability. Gold prices hover below $3,350, and Bitcoin Cash surges near its 52-week high amidst geopolitical oil tensions. – vtmarketsmy.com
Trump announces trade agreement with Vietnam that leads to sharp decline in Nike shares
Written on July 2, 2025 at 10:22 pm, by davin
Donald Trump announced a trade deal with Vietnam, imposing tariffs on Vietnamese goods while allowing tariff-free access for US products. Market reactions indicate potential shifts in supply chains and currency impacts. – vtmarketsmy.com
Brazil’s industrial output in May falls short of expectations at 3.3% instead of 3.5%
Written on July 2, 2025 at 10:22 pm, by davin
Brazil’s industrial output disappointed expectations, growing 3.3% year-on-year. The Euro hovers near 1.1700 as the US Dollar weakens. Bitcoin Cash approaches a 52-week high amid rising oil market tensions. – vtmarketsmy.com
Oil inventories increase by 3.845 million barrels, ending significant declines, with rising gasoline and falling distillates
Written on July 2, 2025 at 10:21 pm, by davin
US petroleum inventories unexpectedly surged by nearly 4 million barrels, altering supply-demand dynamics. With gasoline rising and distillates declining, traders are urged to stay vigilant as market volatility follows. – vtmarketsmy.com
The Japanese yen declines by 0.4% against the US dollar among G10 currencies.
Written on July 2, 2025 at 10:21 pm, by davin
The Japanese Yen weakens 0.4% against the US Dollar due to trade policy uncertainties and diverging central bank strategies. Upcoming market dynamics hinge on BoJ’s cautious approach and US inflation signals. – vtmarketsmy.com
The AUD/USD experiences volatility as sellers hold resistance at key trendline and swing levels.
Written on July 2, 2025 at 9:22 pm, by davin
AUDUSD is caught in a tight range between 0.6535 and 0.6553, with recent resistance pushing prices down. Breaking below 0.6535 could trigger bearish momentum towards critical moving averages. – vtmarketsmy.com
Weak Australian consumption data leads to a drop in the Aussie Dollar from recent highs near 0.6600.
Written on July 2, 2025 at 9:22 pm, by davin
The Australian Dollar weakened due to poor retail sales and construction data, while positive US employment figures strengthened the US Dollar. AUD/USD may be shifting trends, with key support at 0.6550. – vtmarketsmy.com
Republicans aim for House approval of the budget bill after Senate passage, expecting market reactions.
Written on July 2, 2025 at 9:22 pm, by davin
House Republicans push to pass Trump’s bill, influencing healthcare and corporate taxes. Rising AI challenges may impact government finances, leading to potential austerity and higher taxes on profitable firms. Stay informed! – vtmarketsmy.com