Monthly Archives: July 2025
Bessent warns that tariffs will increase without trade agreements by August 1, impacting many countries.
Written on July 6, 2025 at 9:21 pm, by davin
US Treasury Secretary Bessent revealed that President Trump plans to raise tariffs from August 1 if trade deals aren’t finalized by July 9, creating pressure for negotiations. – vtmarketsmy.com
Traders began the new FX week with little change in currency rates from Friday.
Written on July 6, 2025 at 8:21 pm, by davin
Currency rates show little change at the week’s start, but as Asian markets awaken, volatility may increase. Stay cautious; upcoming economic data could significantly influence market positioning and direction. – vtmarketsmy.com
Upcoming economic events: trade negotiations, central bank meetings, and employment reports from different regions
Written on July 6, 2025 at 7:21 pm, by davin
Next week, key economic events include US trade negotiations and monetary policy decisions from several central banks. Expect fluctuating markets amid inflation trends, employment data, and geopolitical tensions shaping outcomes. – vtmarketsmy.com
Silver remains around $36.84 as low trading volumes and holiday downtime mask bullish trends
Written on July 5, 2025 at 9:22 pm, by davin
Silver prices held steady at $36.84, showing potential for a rebound amid low trading volumes. Traders are closely watching key resistance levels, while external factors may impact future movements. – vtmarketsmy.com
Despite tariff concerns, EUR/USD stays high and looks forward to upcoming EU data next week.
Written on July 5, 2025 at 9:21 pm, by davin
The EUR/USD rose 0.18% amid light trading due to the US holiday. Tariff worries from the US prompted shifts in market expectations, while trade agreement discussions continue. Data from Germany could impact the currency’s direction. – vtmarketsmy.com
Australian dollar falls against US dollar amid risk-off sentiment in low-volume trading
Written on July 5, 2025 at 8:22 pm, by davin
The Australian Dollar is weakening against the US Dollar due to poor trade data and anticipated interest rate cuts. Watch for price movements as market sentiment shifts around upcoming tariff decisions and central bank policies. – vtmarketsmy.com
US dollar slips in quiet holiday trading, ending the week on a downtrend
Written on July 5, 2025 at 8:21 pm, by davin
The US Dollar weakens despite strong employment data and new fiscal policies, as traders reassess positions amid tariff tensions and budget deficit concerns, prompting cautious market strategies. – vtmarketsmy.com
The USD/JPY trades around 144.50, limited by thin holiday conditions and lacking momentum.
Written on July 5, 2025 at 7:22 pm, by davin
USD/JPY hovers around 144.50 amid low liquidity. Indecision persists within a triangle pattern, with pivotal breakout points at 144.90 resistance and 143.50 support. Traders await clearer signals to act. – vtmarketsmy.com
New Zealand Dollar tests critical support levels and may decline against US Dollar
Written on July 5, 2025 at 7:21 pm, by davin
The New Zealand Dollar is retreating to 0.6050 against the US Dollar amidst market indecision. A symmetrical triangle pattern signals a potential breakout, influenced by economic factors and central bank policies. – vtmarketsmy.com
OPEC+ plans to increase oil production by 548,000 barrels per day, significantly surpassing previous forecasts.
Written on July 5, 2025 at 2:21 pm, by davin
OPEC+ plans to increase oil production by 548,000 barrels daily in August, responding to stable demand and competitive pressures. Traders should watch for actual delivery challenges amid shifting global dynamics. – vtmarketsmy.com