Monthly Archives: July 2025
Rehn emphasizes euro strength helping inflation goals but cautions against complacency about possible undershooting
Written on July 2, 2025 at 6:22 pm, by davin
ECB’s Olli Rehn notes the Euro’s strength aids in achieving the 2% inflation target, yet warns of risks on both sides. Economic conditions are fluid, impacting interest rate decisions and inflation forecasts. – vtmarketsmy.com
Pound Sterling weakens against US Dollar during European trading after reaching a three-and-a-half-year peak
Written on July 2, 2025 at 6:21 pm, by davin
The Pound Sterling dips near 1.3700 against the US Dollar after robust US job data boosts the Dollar. Bank of England signals possible future rate cuts amid uncertainty in the labor market. – vtmarketsmy.com
The BOE’s Taylor predicts that five rate cuts will be needed in 2025 based on his stance.
Written on July 2, 2025 at 5:22 pm, by davin
Bank of England’s Taylor suggests five interest rate cuts in 2025, signaling weakening domestic demand and inflation concerns. This shift may prompt a re-evaluation of monetary policy if trends continue. – vtmarketsmy.com
Gold price hovers around $3,340 as European trading anticipates upcoming US employment data
Written on July 2, 2025 at 5:22 pm, by davin
Gold prices are influenced by employment data and the US Dollar’s strength. Central banks are boosting reserves amid economic uncertainty. A breakthrough above $3,500 could lead to higher prices. – vtmarketsmy.com
Taylor from the BOE believes rate cuts are unnecessary due to economic slowdowns and labor market concerns.
Written on July 2, 2025 at 5:21 pm, by davin
Alan Taylor from the Bank of England warns of slowing UK economic growth and potential inflation drops, highlighting a likely interest rate cut soon as markets adjust to increasing uncertainties. – vtmarketsmy.com
After reaching a peak of 1.3788, GBP/USD stays around 1.3700 as bearish momentum continues
Written on July 2, 2025 at 5:21 pm, by davin
GBP/USD is bearish at 1.3700 after peaking at 1.3788. Weak dollar dynamics and cautious BoE stance influence trading, with potential volatility ahead. Watch key levels for signals on future direction. – vtmarketsmy.com
Wunsch supports a mildly accommodating policy approach and is comfortable with market interest rate expectations.
Written on July 2, 2025 at 4:22 pm, by davin
The ECB is likely to implement a 25 basis point rate cut by December, reflecting a cautious monetary policy. Traders should prepare for potential shifts in market conditions and option demand. – vtmarketsmy.com
US MBA mortgage applications increase to 2.7%, up from 1.1% previously
Written on July 2, 2025 at 4:22 pm, by davin
Mortgage applications rose 2.7%, indicating increased demand. Currency pairs like GBP/USD maintain strength amidst a weak dollar, while Bitcoin Cash nears a 52-week high amid geopolitical tensions affecting oil markets. – vtmarketsmy.com
Gold futures trade around 3,346.3, showing neutral conditions with clear bullish and bearish thresholds.
Written on July 2, 2025 at 4:22 pm, by davin
Gold futures trade near 3,346.3, with key thresholds at 3,347.4 for bullish and 3,341.7 for bearish trades. Watch these levels for potential moves as the market remains indecisive. – vtmarketsmy.com
Investors await US employment data for clearer insights amid fluctuating prices around $36.00
Written on July 2, 2025 at 4:21 pm, by davin
Silver hovers around $36 as markets await US labor data that could shape Federal Reserve decisions. Technical indicators show uncertainty, with potential bearish patterns looming if prices drop below $35.40. – vtmarketsmy.com