Monthly Archives: August 2025
GBP/USD hovers below 1.3300 as it struggles to attract buyers, showing no signs of a bullish reversal.
Written on August 4, 2025 at 5:22 pm, by davin
GBP/USD struggles below 1.3300, lacking bullish momentum amidst US Dollar strength and UK economic challenges. Traders eye put options for a potential decline towards 1.3000 amid high volatility. – vtmarketsmy.com
Gold price rises above $3,350 during European trading, approaching recent highs
Written on August 4, 2025 at 5:22 pm, by davin
Gold prices rise as expectations for a Fed rate cut grow, fueled by weak U.S. job data. Watch technical levels closely for potential bullish or bearish breaks around $3,245 and $3,500. – vtmarketsmy.com
European indices rebound after last week’s declines, while US markets also show upward movement.
Written on August 4, 2025 at 5:21 pm, by davin
US markets are rebounding after a rough week, with the Dow, S&P, and NASDAQ all rising significantly. Yet, caution is advised ahead of next week’s CPI report and ongoing volatility. – vtmarketsmy.com
This week, all eyes are on the Fed as the dollar’s rally slows after a weak jobs report.
Written on August 4, 2025 at 4:22 pm, by davin
Anticipate a September rate cut by the Federal Reserve, as recent job reports shift expectations, and political changes create market volatility. Watch for Treasury auctions and economic data developments closely. – vtmarketsmy.com
UOB Group analysts expect GBP/USD to fluctuate between 1.3220 and 1.3320.
Written on August 4, 2025 at 4:22 pm, by davin
Pound Sterling is expected to stabilize between 1.3220 and 1.3320, reducing the risk of dropping below 1.3140, thanks to recent economic data and renewed investor confidence. – vtmarketsmy.com
Resistance faced by USDCAD sellers caused prices to decline.
Written on August 4, 2025 at 4:22 pm, by davin
USDCAD experiences volatility after a 35% tariff on Canadian imports, leading to a sell-off. A disappointing U.S. jobs report and resilient Canadian labor market complicate the outlook, suggesting further downside risks. – vtmarketsmy.com
Trump announces tariff increase on India over oil dealings via Truth Social
Written on August 4, 2025 at 4:21 pm, by davin
Trump plans to increase tariffs on India, targeting its Russian oil trade, causing market uncertainty and volatility. The Indian Rupee weakens, with IT and pharma sectors most at risk. – vtmarketsmy.com
USDJPY sellers maintain control after a reversal from bullish highs due to disappointing US jobs data.
Written on August 4, 2025 at 3:22 pm, by davin
USDJPY shows bearish momentum after a weak U.S. jobs report led to a decline below key moving averages. Traders should watch support levels for potential opportunities while avoiding aggressive buying. – vtmarketsmy.com
The technology sector thrives with Microsoft and Nvidia leading, despite mixed signals in other areas.
Written on August 4, 2025 at 3:22 pm, by davin
The US stock market is rallying in tech, led by Microsoft and Nvidia, while energy struggles. Traders should consider bullish options in tech and bearish plays in energy to capitalize on market trends. – vtmarketsmy.com
Factory orders drop 4.8%, marking a shift from previous gains due to tariffs and market uncertainty
Written on August 4, 2025 at 3:22 pm, by davin
In June 2025, US factory orders fell 4.8%, mainly due to transportation. Despite volatility, unfilled orders rose, indicating factories remain busy. Traders should adapt strategies for the uncertain market ahead. – vtmarketsmy.com