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Monthly Archives: July 2025

Raw material price index in Canada exceeds predictions at 2.7%

Written on July 21, 2025 at 8:22 pm, by

Canada’s raw material prices unexpectedly rose 2.7%, boosting currency prospects. Meanwhile, gold thrives above $3,400, and XRP approaches record highs, while the US dollar weakens, creating trading opportunities. – vtmarketsmy.com

Fed Powell’s upcoming speech may focus less on economics and policy discussions.

Written on July 21, 2025 at 8:21 pm, by

Fed Chair Jerome Powell’s upcoming speech is unlikely to influence monetary policy, but traders should brace for volatility as mixed manufacturing data complicates economic signals ahead of the July rate decision. – vtmarketsmy.com

Canada’s industrial product prices increased by 0.4% in June, surpassing the expected 0.1% rise.

Written on July 21, 2025 at 7:23 pm, by

Canada’s industrial prices rose 0.4%, surprising analysts, while a weakened US dollar boosted gold and currency values. China’s steady GDP growth contrasts with sluggish retail, highlighting diverse economic signals and trading opportunities. – vtmarketsmy.com

GBP/USD recovers after three weeks of losses, trading near 1.3450 during the European session

Written on July 21, 2025 at 7:23 pm, by

GBP/USD shows signs of recovery after weeks of losses, driven by improved market sentiment and weaker US Dollar. Traders should prepare for volatility ahead of key UK and US economic data. – vtmarketsmy.com

Crude oil futures for September close at $65.95, down by $0.10 with little movement.

Written on July 21, 2025 at 7:22 pm, by

US crude oil futures closed at $65.95, down $0.10, amid mixed demand signals and unexpected inventory increases. Traders await potential price movements as geopolitical risks linger. Strategies like straddles may prove advantageous. – vtmarketsmy.com

EUR/USD recovery driven by risk appetite and positive ECB survey after US Dollar decline

Written on July 21, 2025 at 7:22 pm, by

The EUR/USD pair is rising as US Dollar decline continues. Positive sentiment bolsters Euro, but trade uncertainties and interest rate differences loom. Watch ECB comments for potential trend shifts ahead! – vtmarketsmy.com

Japanese Yen rises 0.6% against US Dollar after upper house election, outperforming G10 currencies

Written on July 21, 2025 at 7:22 pm, by

The Japanese Yen has strengthened against the US Dollar after Prime Minister Ishiba’s coalition lost its upper house majority. Traders should expect short-term dollar weakness, preparing for volatility in the 142-148.50 range. – vtmarketsmy.com

The S&P index nears recent highs, boosted by strong momentum and solid technical support levels.

Written on July 21, 2025 at 7:21 pm, by

The S&P and NASDAQ are nearing record highs, driven by strong bullish momentum. Traders are advised to maintain long positions while capitalizing on low volatility conditions for potential gains. – vtmarketsmy.com

Scotiabank strategists note the Pound Sterling is strengthening against the US Dollar.

Written on July 21, 2025 at 6:22 pm, by

The Pound Sterling is gaining strength against the Dollar, fueled by improved retail sales and diminishing expectations for Bank of England easing. Traders eye strategic opportunities as technical support strengthens. – vtmarketsmy.com

Scotiabank strategists note that the Euro is stable, with a slight rise to the 1.16 level.

Written on July 21, 2025 at 6:22 pm, by

The Euro is stable around 1.16, with an upcoming ECB meeting likely keeping rates unchanged. Traders are advised to adopt range-bound strategies due to current market conditions and potential volatility ahead. – vtmarketsmy.com

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