Monthly Archives: August 2025
UOB Group analysts believe the USD is unlikely to fall below 7.1700 anytime soon.
Written on August 14, 2025 at 6:22 pm, by davin
The US Dollar is set to range trade against the Chinese Yuan between 7.1700 and 7.2100, with significant resistance at 7.1950. Monitor for potential closing below 7.1700 for further declines. – vtmarketsmy.com
Scotiabank reports slight dip in Euro below 1.17, but support remains strong
Written on August 14, 2025 at 6:21 pm, by davin
The Euro remains stable above recent lows, with upward trends despite mixed Eurozone data. Traders should watch key support levels and consider options strategies for potential gains while managing risks. – vtmarketsmy.com
NZDUSD hits a new weekly low after PPI data, as sellers take control of the market
Written on August 14, 2025 at 6:21 pm, by davin
The NZDUSD currency pair has plummeted to new lows, driven by strong US PPI data and falling dairy prices. Traders eye bearish strategies, targeting further declines and volatile conditions ahead. – vtmarketsmy.com
The 30-year fixed-rate mortgage drops to 6.58%, down from 6.63% last week
Written on August 14, 2025 at 5:23 pm, by davin
The 30-year mortgage rate fell to 6.58%, the lowest since October, amid a stable economic backdrop. Expectations for a potential Fed rate cut are rising, influencing market strategies accordingly. – vtmarketsmy.com
UOB analysts believe USD/JPY may have difficulty falling below 145.80, despite current negative trends.
Written on August 14, 2025 at 5:22 pm, by davin
The US Dollar is expected to dip below 146.60, facing pressure from recent CPI data and potential Fed interest rate decisions. Traders should watch key resistance levels and consider strategic options. – vtmarketsmy.com
The USDJPY fluctuates near key moving averages due to rising US yields
Written on August 14, 2025 at 5:22 pm, by davin
The USDJPY is oscillating between key moving averages around 147.80, influenced by rising U.S. yields and mixed inflation data. Traders should brace for potential volatility and direction shifts soon. – vtmarketsmy.com
Traders watch gold’s price changes, shaped by US economic data and a stronger dollar
Written on August 14, 2025 at 5:22 pm, by davin
Gold prices dipped to $3,335 as a strong US Dollar responds to rising inflation and PPI data. Uncertainty looms ahead of the US-Russia summit, impacting market sentiment and expectations. – vtmarketsmy.com
Scotiabank experts say the Canadian dollar is stable against the USD today.
Written on August 14, 2025 at 5:21 pm, by davin
The Canadian Dollar is weakening against the USD, influenced by tariff risks and a potential rate cut. Traders may consider options strategies to capitalize on market volatility ahead of economic developments. – vtmarketsmy.com
EURUSD trades between the 100 and 200-hour moving averages due to buyer-seller contention.
Written on August 14, 2025 at 4:23 pm, by davin
EURUSD is navigating a tight range between key moving averages after strong US PPI data increased Fed rate hike odds. Traders eye key levels for cues on potential price movements. – vtmarketsmy.com
Analysts say the New Zealand Dollar may struggle to exceed 0.6000 despite potential for future gains.
Written on August 14, 2025 at 4:23 pm, by davin
The New Zealand Dollar (NZD) is testing the crucial 0.6000 level, facing potential resistance while showing signs of being overbought. Traders can explore options strategies to capitalize on possible fluctuations. – vtmarketsmy.com