Monthly Archives: August 2025
European indices mostly rise, but the UK’s FTSE 100 declines after the Bank of England cuts rates.
Written on August 7, 2025 at 6:21 pm, by davin
European markets gained despite the UK’s FTSE 100 dip after the Bank of England cut rates. US indices showed mixed results, with caution advised ahead of the September Fed meeting. – vtmarketsmy.com
Scotiabank strategists: Pound Sterling rises as USD weakens ahead of BoE
Written on August 7, 2025 at 5:23 pm, by davin
The Pound Sterling remains steady as the Bank of England cuts rates amid a split vote, signaling uncertainty. Traders may find opportunities in volatility, amid mixed signals of growth and inflation. – vtmarketsmy.com
GBP/USD stays above 1.3350 after strong gains as investors await Bank of England decisions
Written on August 7, 2025 at 5:22 pm, by davin
GBP/USD holds above 1.3350 as traders anticipate the Bank of England’s decisions. Historical trends suggest buying options could harness volatility, especially amid ongoing inflation concerns and potential rate adjustments. – vtmarketsmy.com
Gold price tries to exceed $3,400 but struggles despite Fed officials supporting rate cuts
Written on August 7, 2025 at 5:22 pm, by davin
Gold is struggling to break $3,400 despite lower interest rates and safe-haven demand. With geopolitical tensions and market indecisiveness, a significant price movement could be on the horizon. – vtmarketsmy.com
Forecasts suggest the Bank of England’s Monetary Policy Committee will vote for a rate increase.
Written on August 7, 2025 at 5:22 pm, by davin
Gold prices hover near $3,400 amid conflicting market forces, while Bitcoin struggles below $116,000. Uncertainty is pervasive due to US tariffs and divergent central bank policies affecting currencies. – vtmarketsmy.com
Bailey says BOE’s message shows a balanced situation as GBPUSD significantly retraces gains
Written on August 7, 2025 at 5:21 pm, by davin
GBPUSD is stalling near key resistance, with buyer activity keeping hope alive. The Bank of England’s cautious stance reflects economic uncertainty, prompting traders to watch for breakout signals in either direction. – vtmarketsmy.com
Atlanta Fed’s GDPNow model keeps Q3 growth forecast at 2.5%
Written on August 7, 2025 at 5:21 pm, by davin
The Atlanta Fed projects steady 2.5% growth for Q3 2025, indicating economic stability. Expect lower market volatility and consider strategies like selling premium on ETFs amid cooling inflation and moderate job growth. – vtmarketsmy.com
The Bank of England’s MPC voted to keep interest rates at 4%, surpassing predictions.
Written on August 7, 2025 at 4:24 pm, by davin
The Bank of England cut rates to 4%, surprising markets with a split committee. This sparked GBP/USD gains while pressuring EUR/USD. Gold is affected by geopolitical news, and Bitcoin remains weak. – vtmarketsmy.com
The Bank of England’s interest rate decision met expectations at four percent.
Written on August 7, 2025 at 4:23 pm, by davin
The Bank of England maintains interest rates at 4%, influencing GBP/USD positively. With economic uncertainties, traders eye options on GBP and EUR while navigating gold and Bitcoin’s market dynamics. – vtmarketsmy.com
EURUSD decreases as it hovers between 1.16098 and 1.1631, with traders assessing movement direction
Written on August 7, 2025 at 4:23 pm, by davin
The EURUSD is testing a critical support level around 1.1610 after recent gains. A bounce could signal bullish momentum, while a drop may shift focus to further declines. Traders should stay alert! – vtmarketsmy.com