Monthly Archives: August 2025
Head of the Bureau of Labor Statistics dismissed, sparking concerns about reliability of economic data
Written on August 3, 2025 at 4:21 pm, by davin
President Trump’s firing of the Bureau of Labor Statistics chief raises doubts about economic data reliability and could lead to job figure revisions, prompting traders to seek defensive strategies amidst market uncertainty. – vtmarketsmy.com
OPEC+ confirms an oil production boost of 548,000 bpd for September
Written on August 3, 2025 at 1:21 pm, by davin
OPEC+ boosts oil production by 548,000 barrels daily, intensifying downward pressure on prices amid a U.S. inventory surplus. Traders should prepare for volatility around the upcoming September 7 meeting. – vtmarketsmy.com
John Williams open to potential rate cuts based on labor market and inflation data
Written on August 3, 2025 at 1:21 am, by davin
New York Fed President John Williams hints at a potential interest rate cut at the September meeting but stresses a data-driven decision. Traders should prepare for volatility in response to economic reports. – vtmarketsmy.com
Total vehicle sales in the United States rose to 16.4 million in July, up from 15.3 million.
Written on August 2, 2025 at 9:23 pm, by davin
Vehicle sales in July hit 16.4 million, reflecting strong consumer demand, while currency markets reacted to disappointing jobs data, affecting EUR/USD and GBP/USD. Gold surged to $3,350, and Bitcoin faces support challenges. – vtmarketsmy.com
USD/JPY falls over 2% to below 147.50 after disappointing US employment figures
Written on August 2, 2025 at 9:22 pm, by davin
The USD/JPY pair dropped over 2% to 147.28 after disappointing US job data. With bearish momentum and declining interest rates, further falls toward key support levels are anticipated. – vtmarketsmy.com
Poor US jobs report causes EUR/USD surge as investors expect Fed rate cuts
Written on August 2, 2025 at 9:22 pm, by davin
EUR/USD surged over 1% following disappointing US jobs data, signaling forecasts of Federal Reserve rate cuts. With a policy divergence from the ECB, traders eye potential upside towards 1.1700. – vtmarketsmy.com
Canadian dollar unexpectedly recovers against US dollar after chaotic US employment report
Written on August 2, 2025 at 9:22 pm, by davin
The Canadian Dollar surged against the US Dollar after weak US job data heightened Fed rate cut expectations. USD/CAD dropped below 1.3800, signaling potential further CAD strength amidst diverging economic trends. – vtmarketsmy.com
CFTC oil NC net positions in the United States increased from 153.3K to 156K
Written on August 2, 2025 at 8:22 pm, by davin
Market shifts reveal rising CFTC oil net positions, a weak US dollar boosting EUR/USD and GBP/USD, gold surging to $3,350, while Bitcoin corrects below $115,000 amid liquidation challenges. – vtmarketsmy.com
CFTC reports S&P 500 NC net positions of -$163.2K, down from -$168.5K
Written on August 2, 2025 at 8:22 pm, by davin
Trader sentiment for the S&P 500 improves slightly, while weak US jobs data strengthens EUR and GBP. Gold rises amid falling Treasury yields, but Bitcoin retreats as caution prevails in crypto markets. – vtmarketsmy.com
CFTC’s gold net positions in the US drop to $223.6K from $253K
Written on August 2, 2025 at 8:22 pm, by davin
Gold positions drop as prices hit $3,350, while the US dollar weakens after poor payroll data. EUR/USD gains traction, raising opportunities in forex, even as crypto faces selling pressures. – vtmarketsmy.com