Monthly Archives: August 2025
EUR/USD pair pulls back from recent highs due to increasing US dollar strength following Fed news.
Written on August 8, 2025 at 2:22 pm, by davin
The EUR/USD pair dropped to 1.1640 due to a stronger US dollar amid potential Fed leadership changes. Jobless claims increased, signaling caution in monetary policy, which could impact the euro’s strength. – vtmarketsmy.com
Francesco Pesole from ING suggests that the krona could exceed the krone as risks decrease.
Written on August 8, 2025 at 2:22 pm, by davin
Swedish krona may outperform Norwegian krone as geopolitical risks ease and inflation stabilizes. Traders should monitor the USD’s strength, potential euro struggles, and Canada’s upcoming unemployment report for market shifts. – vtmarketsmy.com
Weak Canadian jobs report causes modest rise in USDCAD with resistance ahead
Written on August 8, 2025 at 2:21 pm, by davin
Canada unexpectedly lost 40.8k jobs in July, contrary to predictions, highlighting a cooling economy. Full-time jobs plummeted, raising concerns for the Bank of Canada amid sustained inflation. – vtmarketsmy.com
Brent closes nearly 0.7% lower as expectations grow for a possible Trump-Putin meeting soon
Written on August 8, 2025 at 1:23 pm, by davin
Brent crude prices face volatility due to potential Trump-Putin talks and Ukraine peace deal deadlines, while India’s hesitant crude purchases could shift demand. A neutral options strategy may be wise amid uncertainty. – vtmarketsmy.com
USD/JPY rises above 147.50 as favorable reports boost US dollar strength
Written on August 8, 2025 at 1:23 pm, by davin
The US Dollar is gaining strength amid a potential leadership change at the Fed, with jobless claims rising. In Japan, inflation and policy shifts create volatility, affecting the USD/JPY pair significantly. – vtmarketsmy.com
The USD is strong against the JPY and stable against the EUR and GBP, according to Greg Michalowski.
Written on August 8, 2025 at 1:22 pm, by davin
The USD is gaining against the JPY due to contrasting monetary policies, while EUR and GBP remain stagnant. Traders are exploring strategies amid central bank divergences and searching for breakout opportunities. – vtmarketsmy.com
Canada’s employment declined in July, leading currency traders to adjust rate cut expectations.
Written on August 8, 2025 at 1:22 pm, by davin
Canada’s July 2025 jobs report shows a shocking loss of 40.8K jobs, raising fears of a September rate cut. The Canadian dollar weakens as inflation remains stubbornly high. – vtmarketsmy.com
Job creation in Canada may drop, causing an increase in the unemployment rate in July.
Written on August 8, 2025 at 1:22 pm, by davin
Canada’s July employment report reveals a steady 6.9% unemployment rate alongside a 40,800 job loss, raising concerns for youth employment and market volatility. Average wages increase, complicating the economic outlook. – vtmarketsmy.com
Francesco Pesole from ING suggests that the euro’s initial gain needs careful evaluation of the feasibility of a Ukraine truce.
Written on August 8, 2025 at 1:21 pm, by davin
The euro’s rise sparked by Trump-Putin talks faces caution amid uncertain truce prospects. Investors should analyze risks and monitor key economic indicators, particularly upcoming US CPI data and energy prices. – vtmarketsmy.com
Pound Sterling rises to 1.3440 following BoE decision, say OCBC analysts Cheung and Wong
Written on August 8, 2025 at 12:22 pm, by davin
The Pound Sterling rose to 1.3440 after the Bank of England cut rates, but uncertainty remains due to a rare split in its Monetary Policy Committee, promising a choppy trading environment ahead. – vtmarketsmy.com