Monthly Archives: July 2025
Chancellor Reeves’ welfare bill causes the Pound Sterling to weaken against other currencies despite her commitment.
Written on July 5, 2025 at 12:21 am, by davin
The Pound Sterling is under pressure despite UK Chancellor Rachel Reeves’ reassurances. Rising Universal Credit measures raise concerns for fiscal stability, potentially leading to spending cuts or tax hikes that could impact the currency. – vtmarketsmy.com
Credit Agricole highlights GBP struggles amid political uncertainty and memories of previous gilt market turmoil
Written on July 4, 2025 at 11:22 pm, by davin
The GBP faces intense pressure from political uncertainty and fiscal concerns, echoing the 2022 gilt crisis. Traders are wary as Chancellor Reeves’ stability is questioned, creating potential for volatility in markets. – vtmarketsmy.com
Japanese Yen leads G10 currencies against the US Dollar amid risk-averse sentiment
Written on July 4, 2025 at 11:22 pm, by davin
The Japanese Yen strengthens 0.4% against the Dollar amid cautious market sentiment and stronger household spending data. Watch for strategic trading opportunities as market volatility rises ahead of Japan’s elections. – vtmarketsmy.com
Markets remain quiet as equities dip and the dollar weakens slightly before the holiday.
Written on July 4, 2025 at 11:22 pm, by davin
The US dollar declined despite strong payroll figures, while European equities fell amid trade tensions. Gold rose slightly, and crude oil prices dropped. Market sentiment is cautious as policy changes unfold. – vtmarketsmy.com
Scotiabank reports that the pound stays stable within a narrow range against the US dollar
Written on July 4, 2025 at 11:21 pm, by davin
The British Pound is stabilizing against the US Dollar amid political unrest, with positive outlooks as upcoming economic data could shape the Bank of England’s decisions. Key trading ranges remain intact. – vtmarketsmy.com
OPEC+ meeting rescheduled for Saturday due to Ashura holiday, output increase expected
Written on July 4, 2025 at 10:22 pm, by davin
OPEC+ has rescheduled its meeting, but production plans continue unchanged. An upcoming increase of 411,000 barrels per day aims to match rising global demand, ensuring market stability amid recovering economies. – vtmarketsmy.com
Gold price (XAU/USD) sits near $3,335, awaiting clarity on tariff policy decisions.
Written on July 4, 2025 at 10:22 pm, by davin
Gold prices hover around $3,335 amid trade deal uncertainties. With potential tariffs looming and market volatility expected, traders should prepare for significant shifts influenced by U.S. economic policies and geopolitical events. – vtmarketsmy.com
NASDAQ futures show a pullback after a strong breakout, highlighting key support levels.
Written on July 4, 2025 at 10:21 pm, by davin
NASDAQ futures indicate a short-term pullback after a recent surge. Key support levels are being tested; a breach could signal caution, while defense may lead to new gains. Stay alert! – vtmarketsmy.com
Scotiabank analysts report that the Euro is strengthening against the US Dollar, nearing weekly highs.
Written on July 4, 2025 at 10:21 pm, by davin
The Euro rises 0.2% against the Dollar, nearing multi-year highs despite weak Eurozone data. Market confidence remains strong, but caution is advised as trends may suggest a future slowdown. – vtmarketsmy.com
Traders lower dovish expectations for Fed rate cuts after positive NFP report
Written on July 4, 2025 at 9:22 pm, by davin
The US labor market’s strength has prompted shifts in interest rate expectations globally, with traders adjusting their projections for central banks. Precision and timing are vital for navigating this evolving landscape. – vtmarketsmy.com