Monthly Archives: July 2025
USDCAD rises after maintaining crucial support, with identified key targets for potential gains
Written on July 10, 2025 at 8:22 pm, by davin
The USDCAD is rising due to strong jobless claims data, bouncing off a key support level. Traders are eyeing targets near 1.37094 and 1.37208 for potential gains and medium-term bullish breaks. – vtmarketsmy.com
Weekly US job claims hit 227K, below expectations, indicating job market challenges
Written on July 10, 2025 at 8:21 pm, by davin
Jobless claims fell to 227,000, surprising analysts and boosting market confidence. Despite slight increases in continuing claims, the robust job data hints against any near-term rate cuts, shifting economic expectations. – vtmarketsmy.com
Today’s economic highlights in the US include initial jobless claims and a bond auction.
Written on July 10, 2025 at 7:22 pm, by davin
Today’s US economic highlights include jobless claims and a 30-year bond auction. Increasing unemployment could prompt the Fed to reconsider interest rates. Stay alert for potential market reactions! – vtmarketsmy.com
Market activity remains quiet as traders await updates on trade and tariff developments.
Written on July 10, 2025 at 7:21 pm, by davin
European financial markets remained quiet, with currencies and commodities showing minimal movement. Traders await key US labor data, indicating potential volatility ahead amidst subdued valuations and cautious sentiment. – vtmarketsmy.com
OPEC lowers global oil demand projections for 2026 to 2029 but keeps 2030 forecasts unchanged.
Written on July 10, 2025 at 6:21 pm, by davin
OPEC has lowered its global oil demand forecasts through 2026, citing China’s slowing growth. Despite these revisions, they project long-term demand growth, emphasizing reliance on emerging economies for oil consumption. – vtmarketsmy.com
S&P 500 stays stable ahead of US CPI report, with no negative influences or prior trends
Written on July 10, 2025 at 5:22 pm, by davin
The S&P 500 is holding steady near record highs, awaiting crucial US CPI data next week. Soft inflation could boost prices, while higher rates may trigger a sell-off. Watch key levels closely! – vtmarketsmy.com
Major currencies stay stable in European trading as markets react to recent tariff news and options.
Written on July 10, 2025 at 5:21 pm, by davin
Currency markets remain stable as the dollar holds steady amid US tariff impacts, with EUR/USD consolidating near 1.1800. Traders await US jobless claims and inflation data that may spark volatility. – vtmarketsmy.com
China upholds its position against the politicization of trade amid rising tariff tensions
Written on July 10, 2025 at 4:21 pm, by davin
China warns against politicizing trade, as Trump’s proposed tariffs hint at renewed tensions. Market volatility looms, urging traders to adapt strategies to navigate potential disruptions across commodity sectors. – vtmarketsmy.com
Portugal’s global trade balance fell to €-3.217 billion in May, down from €-3.018 billion.
Written on July 10, 2025 at 4:21 pm, by davin
Bitcoin soars to $111,999, causing $500 million in liquidations. Meanwhile, GBP/USD dips due to US strength, gold stabilizes above $3,300, and new US tariffs could help some Asian countries. – vtmarketsmy.com
JPY needs positive trade news as USDJPY hits resistance with mixed wage growth data
Written on July 10, 2025 at 3:22 pm, by davin
The USDJPY is trending upward due to strong US employment data, despite challenges in US-Japan trade talks. Key resistance levels could prompt selling, while new US jobless claims may impact further movements. – vtmarketsmy.com