Insights 
VT 
Monthly Archives: July 2025
Employment Insurance beneficiaries decreased to -0.3%, down from 3.4% previously.
Written on July 24, 2025 at 7:23 pm, by davin
Canada’s employment insurance beneficiaries declined in May, reflecting global financial uncertainty. The U.S. dollar’s strength drives trading strategies, with suggestions to consider options on USD/CAD and put options on gold. – vtmarketsmy.com
Crude oil futures increased to $66.03 per barrel as buyers pushed up prices, leading sellers to concede.
Written on July 24, 2025 at 7:22 pm, by davin
Crude oil futures rose to $66.03 as buyers took control, defying sellers. Strong technical signals and tightening U.S. supply suggest a potential rally, but macroeconomic pressures remain a concern. – vtmarketsmy.com
Continuing jobless claims in the United States fell below expectations, totaling 1.955 million.
Written on July 24, 2025 at 7:22 pm, by davin
Jobless claims dipped, indicating a resilient labor market, while mixed economic data impacts the Euro and British Pound. Bitcoin gains ground, contrasting with weak altcoins. Explore trading strategies today! – vtmarketsmy.com
In July, initial jobless claims in the United States were 217K, lower than the anticipated 227K.
Written on July 24, 2025 at 7:22 pm, by davin
US jobless claims rose to 229,000, hinting at a softer labor market. Currency fluctuations, gold struggles, and Bitcoin’s rise present traders with varied opportunities amid economic uncertainty ahead of potential rate cuts. – vtmarketsmy.com
AUDUSD faces trendline resistance after bullish breakout, with support above 0.6588
Written on July 24, 2025 at 7:21 pm, by davin
The AUDUSD is gaining momentum after surpassing key moving averages, with bullish sentiment amid supportive economic data. Watch for critical support at 0.6588 and resistance near 0.6620 for future moves. – vtmarketsmy.com
Initial jobless claims in the US drop from a four-week average of 229.5K to 224.5K
Written on July 24, 2025 at 6:23 pm, by davin
Initial jobless claims in the U.S. dropped to 224.5K, suggesting a stronger job market. Currency pairs face pressure from central bank policies, while gold struggles amid a firm dollar and high yields. – vtmarketsmy.com
In May, Canada’s retail sales excluding autos decreased by 0.2%, which was slightly better than the expected decline of 0.3%.
Written on July 24, 2025 at 6:23 pm, by davin
Canada’s retail sales dipped 0.2% in May, defying expectations. With fluctuating currencies and Bitcoin’s rise amid altcoin weakness, market volatility is likely as political shifts loom. – vtmarketsmy.com
GBPUSD tests key support at the 100-hour MA, creating potential buying opportunities for traders
Written on July 24, 2025 at 6:23 pm, by davin
GBPUSD hit a new low near 1.3503, presenting traders with opportunities for profit-taking or buying the dip. Support at this level could lead to a rebound amid volatile market conditions. – vtmarketsmy.com
The President’s visit to the Federal Reserve: questions about its purpose and potential outcomes
Written on July 24, 2025 at 6:22 pm, by davin
Trump’s upcoming visit to the Federal Reserve’s construction site raises speculation about potential political pressure and market volatility. Traders must decide whether to bet on expected instability or a non-event. – vtmarketsmy.com
In May, Canada’s retail sales decreased by 1.1%, matching predictions.
Written on July 24, 2025 at 6:22 pm, by davin
Canada’s retail sales fell 1.1%, while the ECB maintained rates, impacting the euro. Traders should consider options favoring the US dollar, amidst strong US economic data and gold price declines. – vtmarketsmy.com
