Monthly Archives: August 2025
UOB Group analysts believe GBP may have difficulty reaching 1.3515 despite positive momentum.
Written on August 8, 2025 at 6:23 pm, by davin
The Pound Sterling struggles against 1.3515 resistance, with a neutral outlook ahead. Traders should explore low volatility strategies, like an iron condor, as the market stabilizes amid external pressures. – vtmarketsmy.com
Oil rig count rises to 411 as gasoline rigs fall, putting pressure on oil prices
Written on August 8, 2025 at 6:22 pm, by davin
Oil rig counts slightly increased to 411, but overall rig numbers fell to 539. Prices remain below the moving average, indicating weak demand and a cautious market outlook. – vtmarketsmy.com
This week, USDJPY fluctuated between key moving averages, and potential future breaks could influence its direction.
Written on August 8, 2025 at 6:22 pm, by davin
The USDJPY hovers near key moving averages, 147.90 and 146.78. With potential Fed rate cuts and Bank of Japan policy shifts, traders should watch for breakout opportunities in this uncertain market. – vtmarketsmy.com
Scotiabank analysts say the USD remains stable despite bearish market sentiment and mixed data
Written on August 8, 2025 at 6:22 pm, by davin
The US Dollar shows slight firmness this week but faces a bearish outlook amid potential Fed leadership changes. Next week’s inflation reports could influence market strategies favoring a weaker dollar. – vtmarketsmy.com
Gold retreats from two-week highs of $3,400, testing support at $3,380 due to a strong US dollar
Written on August 8, 2025 at 6:22 pm, by davin
Gold prices are dipping from two-week highs due to a strengthened US Dollar. Analysts suggest a potential drop to $3,350 if it falls below $3,380, presenting trading strategies for investors. – vtmarketsmy.com
UOB Group analysts suggest that the Euro may reach 1.1700 but lacks momentum to hit 1.1720.
Written on August 8, 2025 at 6:21 pm, by davin
The Euro is likely to retest 1.1700 but struggles at 1.1720 resistance. A bull call spread or selling cash-secured puts may offer stable gains, despite recent economic challenges. – vtmarketsmy.com
Pesole notes that the recent 25bp rate cut by the Bank of England reflected evident hawkish tendencies.
Written on August 8, 2025 at 5:23 pm, by davin
The Bank of England’s recent hawkish rate cut reveals deep division within its committee and highlights ongoing inflation concerns. Watch inflation data closely; volatility may present unique investment opportunities. – vtmarketsmy.com
The Pound Sterling strengthens against the US Dollar as focus shifts to UK employment and inflation data
Written on August 8, 2025 at 5:23 pm, by davin
The Pound Sterling is steady at 1.3450 against the US Dollar as traders anticipate a Federal Reserve rate cut. Upcoming US CPI data could drastically impact this outlook. – vtmarketsmy.com
Stephan Miran’s nomination to the Fed by Donald Trump causes a temporary decline in the US dollar
Written on August 8, 2025 at 5:22 pm, by davin
Stephan Miran’s appointment as Federal Reserve governor signals a potential shift towards a dovish monetary policy, weakening the US dollar and ramping up market volatility amid expectations for interest rate cuts. – vtmarketsmy.com
Trump and Putin to hold summit as Zelenskiy calls for ceasefire; US stocks rise with Nasdaq up around 200 points.
Written on August 8, 2025 at 5:22 pm, by davin
A Trump-Putin summit next week has boosted U.S. stocks, especially the Nasdaq. Investors anticipate a potential ceasefire in Ukraine, but caution is advised due to possible market volatility. – vtmarketsmy.com