Monthly Archives: August 2025
Trump’s team expands Fed chair search, adding Bullard and Sumerlin to list of ten candidates
Written on August 8, 2025 at 9:21 pm, by davin
Trump’s team is broadening its search for a new Federal Reserve chair, considering diverse candidates. This uncertainty is causing bond market volatility as traders brace for possible interest rate changes. – vtmarketsmy.com
UOB Group analysts predict USD/CNH will consolidate between 7.1720 and 7.1900.
Written on August 8, 2025 at 9:21 pm, by davin
USD/CNH is set to consolidate between 7.1720 and 7.1900 for the next few weeks, signaling low volatility. Traders may consider strategies like iron condors to profit from this stable market. – vtmarketsmy.com
Commerzbank analyst says turmoil in the gold market arises from potential US tariffs on gold imports
Written on August 8, 2025 at 8:23 pm, by davin
The potential 39% tariff on 1-kilogram and 100-ounce gold bars from Switzerland is causing market upheaval, driving prices higher and creating trading opportunities amid uncertainty about future developments. – vtmarketsmy.com
The AUD/USD chart is chaotic, but insights on bias, risks, and targets are offered.
Written on August 8, 2025 at 8:23 pm, by davin
The AUD/USD market remains chaotic, influenced by central bank policies and economic data. Traders can leverage indicators to navigate volatility and identify key support and resistance levels. – vtmarketsmy.com
The EURUSD is consolidating above key levels, showing bullish control and potential for upward movement.
Written on August 8, 2025 at 8:22 pm, by davin
The EURUSD is holding strong above key support levels, targeting 1.1700. Traders should watch for a breakout or breakdown, as market dynamics suggest decisive movements ahead. – vtmarketsmy.com
Analysts from UOB Group suggest that the USD may not drop below 145.8 against the JPY.
Written on August 8, 2025 at 8:22 pm, by davin
The US Dollar may decline against the Japanese Yen but is unlikely to drop below 145.80. Analysts suggest volatility strategies amid current market stabilization, as wide-ranging factors influence currency movements. – vtmarketsmy.com
Scotiabank strategists report that the pound tested the 1.3450 level multiple times overnight.
Written on August 8, 2025 at 8:22 pm, by davin
GBP is showing cautious strength after the Bank of England’s recent rate cut, though it faces resistance at 1.3450. Traders may consider selling volatility as markets stabilize. – vtmarketsmy.com
This week, GBPUSD increased but hit resistance near the 50% retracement level for traders.
Written on August 8, 2025 at 8:22 pm, by davin
GBPUSD is testing the crucial 1.3463 resistance level after a recent rise. Traders should watch for a breakout to 1.3540, but prepare for pullbacks if resistance holds strong. – vtmarketsmy.com
Upward momentum indicates the New Zealand Dollar may reach 0.5980, but lasting gains appear unlikely.
Written on August 8, 2025 at 8:21 pm, by davin
The New Zealand Dollar faces resistance at 0.5980, with support at 0.5945. As momentum wanes, traders should consider strategies based on a potential range-bound movement between these levels. – vtmarketsmy.com
Scotiabank analysts observe that the Euro is trading lower today, but it still has a net gain for the week.
Written on August 8, 2025 at 7:22 pm, by davin
The Euro cools slightly but retains weekly gains, hovering between 1.16 and 1.17. Market shifts, upcoming US inflation data, and gold prices signal upcoming volatility. Opportunities await traders! – vtmarketsmy.com