Monthly Archives: July 2025
GBP/USD falls over 0.59% due to disappointing UK GDP and trade war tensions
Written on July 12, 2025 at 12:22 am, by davin
UK GDP contraction raises Bank of England rate cut chances to 78%, causing GBP/USD to fall. Meanwhile, US tariffs on Canadian goods boost the dollar, increasing risk aversion in markets. – vtmarketsmy.com
Trump discusses Canada tariffs, denies firing Powell, and plans to speak with Brazil’s president; loonie falls 0.3% and TSX Composite drops 0.45%
Written on July 12, 2025 at 12:21 am, by davin
Trump reaffirmed Powell’s position, easing market volatility as the Canadian dollar dipped 0.3% amid tariff adjustments. Global trade conversations, including Brazil’s, remain cautious, signaling steady, but sensitive, economic conditions. – vtmarketsmy.com
Safe-haven demand drives gold prices above $3,360 amid rising trade tensions, surpassing US yields
Written on July 12, 2025 at 12:21 am, by davin
The Federal Reserve’s concerns over tariffs and inflation hint at potential interest rate cuts, while political tensions impact market stability. Gold prices rise amid uncertainty, attracting safe-haven investments. – vtmarketsmy.com
USDCAD rebounds after Canadian jobs data, indicating potential upward momentum and bullish sentiment
Written on July 11, 2025 at 11:22 pm, by davin
USDCAD fluctuated due to tariff news and strong Canadian jobs data. After an initial rise, it fell, then bounced back. Key levels are 1.3700 and 1.37208 for future direction. – vtmarketsmy.com
The Euro strengthens against the weakened Yen, supported by bullish momentum indicators.
Written on July 11, 2025 at 11:22 pm, by davin
EUR/JPY is on the rise, trading near a yearly high of 172.40 as the Euro gains against the weakening Yen. Key support levels suggest further upward movement is likely, driven by central bank policy divergence. – vtmarketsmy.com
Treasury yields increase as Jamie Dimon points out underpricing of US interest rate risks in markets
Written on July 11, 2025 at 11:21 pm, by davin
Jamie Dimon warns that the market may underestimate the risk of rising US interest rates, estimating a 40-50% chance for increases, amid inflation concerns tied to tariffs and deficits. – vtmarketsmy.com
The Japanese yen weakens against the US dollar because of yield differences and tariff concerns
Written on July 11, 2025 at 11:21 pm, by davin
USD/JPY rises past 147.00 amid US-Japan yield gaps and looming tariffs on Japanese imports. With bullish momentum, it nears 148.00—watch for potential continued upward movement in the currency pair. – vtmarketsmy.com
The USDCHF encounters resistance near 0.8000 as bears dominate the market and move averages are tested.
Written on July 11, 2025 at 10:22 pm, by davin
The USDCHF struggles to rise above 0.8000, facing resistance since June. With key moving averages at risk, further declines could target 0.7919 unless buyers reclaim momentum above 0.7994. – vtmarketsmy.com
Copper prices surge on Comex to nearly 590 cents per pound following US tariffs
Written on July 11, 2025 at 10:22 pm, by davin
Trump’s 50% copper tariffs sparked market turmoil, driving US prices up while LME prices fell. Domestic supply must adapt quickly, but volatility and strategic trades are crucial for navigating uncertainties. – vtmarketsmy.com
GBPUSD falls due to weak UK data, strong US dollar, and global growth concerns
Written on July 11, 2025 at 10:22 pm, by davin
The GBPUSD is struggling, influenced by weak UK data and a strong US dollar. With resistance at 1.3514-1.3529 and a key drop below 1.3480 threatening further declines, remain vigilant. – vtmarketsmy.com