Monthly Archives: July 2025
USDCAD falls after strong Canadian employment data but recovers near support level
Written on July 11, 2025 at 9:21 pm, by davin
Canada’s job market thrived in June with 83.1K new jobs, lowering unemployment to 6.9%. However, weakened wage growth hints at slower central bank tightening, impacting the Canadian dollar’s value. – vtmarketsmy.com
Canada’s building permits increase, driven by major hospital project in Ontario
Written on July 11, 2025 at 8:22 pm, by davin
Canadian building permits surged 12% in May, driven by a single large hospital project. While residential intentions grew, the overall data raises caution about sustainable construction growth amidst skewed results. – vtmarketsmy.com
The USD strengthens due to rising inflation risks, affecting the GBP, EUR, JPY, and US stocks.
Written on July 11, 2025 at 8:21 pm, by davin
The USD gains strength against the EUR, JPY, and GBP as US tariffs unsettle markets. Weaker UK economic data pressures the pound, while rising bond yields bolster the dollar’s appeal. – vtmarketsmy.com
AUDUSD tests its upper trendline with focus on upcoming US CPI data and market dynamics
Written on July 11, 2025 at 7:21 pm, by davin
The USD is stable but cautious amid mixed economic signals, with traders eyeing the upcoming CPI report for clues on potential rate cuts. The AUD’s direction depends on similar data and technical patterns. – vtmarketsmy.com
Kallas from the EU says no conclusions reached in US tariff talks, stressing a wish to prevent conflict
Written on July 11, 2025 at 6:22 pm, by davin
EU and US tariff talks stall, avoiding immediate retaliation but indicating possible new 10% tariffs. Traders must adjust forecasts as potential risks and market dynamics evolve in response to diplomacy. – vtmarketsmy.com
Investors stay cautious about Trump’s tariffs, putting recent market gains and sentiment at risk.
Written on July 11, 2025 at 6:21 pm, by davin
Market sentiment is cautious after tariffs on Canada spark volatility in the S&P 500 futures. Traders brace for potential corrections and must navigate uncertain trade developments carefully. – vtmarketsmy.com
Bitcoin’s price rises over 9% due to technical factors and a short squeeze after a breakout
Written on July 11, 2025 at 4:22 pm, by davin
Bitcoin surged over 9% this week, driven by technical momentum despite lack of clear catalysts. Traders are closely watching key price levels and upcoming inflation data for potential corrections or continued rally. – vtmarketsmy.com
Panetta stressed the ECB’s need for flexible policies, prioritizing growth over inflation amid global changes.
Written on July 11, 2025 at 4:21 pm, by davin
The ECB is poised for potential monetary easing if inflation slows. With shifting global capital flows, Europe could attract more investments, but decisive action is essential for leveraging these opportunities. – vtmarketsmy.com
Schnabel says another rate cut requires inflation adjustment, while the ECB stays optimistic and resilient.
Written on July 11, 2025 at 3:22 pm, by davin
The ECB is shifting to a softer monetary stance while monitoring inflation. With a potential interest rate cut on the table, traders should stay flexible amid uncertainties, especially concerning geopolitical factors. – vtmarketsmy.com
Schnabel from the ECB indicates that rate cuts are unlikely soon, citing balanced growth risks and manageable inflation.
Written on July 11, 2025 at 3:22 pm, by davin
ECB’s Isabel Schnabel indicates a strong chance of pausing rate cuts amid stable economic conditions and manageable inflation concerns, urging traders to reconsider short-term positioning and expectations for monetary easing. – vtmarketsmy.com