Monthly Archives: July 2025
Scotiabank strategists say the Pound is weakening against the US Dollar due to disappointing PMI.
Written on July 24, 2025 at 2:22 pm, by davin
The Pound Sterling is weak, dropping 0.3% against the US Dollar amid disappointing PMIs. Selling volatility strategies are recommended as upcoming retail sales may trigger significant market movements. – vtmarketsmy.com
BBH FX analysts report that USD/JPY rises above 146.00 after Japan’s stable PMI data.
Written on July 24, 2025 at 2:22 pm, by davin
USD/JPY surged above 146.00 amid mixed economic signals from Japan, with an 80% chance of a December rate hike. Volatility strategies could be more effective than directional bets amidst uncertainty. – vtmarketsmy.com
Initial jobless claims at 217K show job market resilience, not weakness
Written on July 24, 2025 at 2:21 pm, by davin
US jobless claims fell to 217,000, signaling a stable job market and reinforcing expectations for sustained high interest rates. Traders should capitalize on this with strategic hedging and positioning in currencies. – vtmarketsmy.com
Retail sales in Canada drop by 1.1% in May due to ongoing US trade tensions
Written on July 24, 2025 at 2:21 pm, by davin
Canada’s retail sales fell 1.1% in May, but an expected 1.6% rebound in June signals consumer strength. This shift could bolster the Canadian dollar and enhance equity markets. – vtmarketsmy.com
Analysts report a slight decline of the Euro against the US Dollar as the ECB meeting approaches.
Written on July 24, 2025 at 1:23 pm, by davin
The Euro dips 0.2% against the US Dollar ahead of the ECB meeting, with analysts expecting steady rates. Strong PMI data hints at a stabilizing economy, creating a potential range-bound trading opportunity. – vtmarketsmy.com
Canadian dollar declines as global stocks and commodity currencies rise
Written on July 24, 2025 at 1:23 pm, by davin
The Canadian Dollar faces challenges with declining retail sales, while the USD strengthens due to strong U.S. economic data. Traders should consider strategies favoring a rising USD/CAD exchange rate. – vtmarketsmy.com
Costa emphasizes commitment to improving relations with China on climate change and trade issues
Written on July 24, 2025 at 1:23 pm, by davin
The EU aims to strengthen ties with China, focusing on climate change and trade issues. Traders should prepare for market volatility, especially in sectors like German automakers. Opportunities in renewable energy arise too. – vtmarketsmy.com
In July, the ECB decided to maintain stable interest rates to align with expected market conditions.
Written on July 24, 2025 at 1:23 pm, by davin
The ECB holds interest rates steady, signaling a cautious, data-driven approach amid slowing price pressures. Traders eye economic indicators closely, anticipating potential volatility and adjustments in currency strategies. – vtmarketsmy.com
The US dollar sees slight gains but remains bearish, particularly against the CNY.
Written on July 24, 2025 at 1:22 pm, by davin
The US Dollar is gaining slightly but faces a bearish trend due to inflation concerns and anticipated Federal Reserve rate cuts. Strategies suggest positioning for imminent declines in currency value. – vtmarketsmy.com
BBH analysts: UK composite PMI hits two-month low due to services sector slowdown
Written on July 24, 2025 at 1:22 pm, by davin
UK’s composite PMI dropped to a 2-month low at 51.0, driven by slowed services, while manufacturing improved. Traders should brace for a potential pound decline amidst rising inflation and predicted rate cuts. – vtmarketsmy.com