Monthly Archives: August 2025
Crude oil futures drop to $62.65, staying below key moving averages and showing seller dominance
Written on August 13, 2025 at 7:23 pm, by davin
Oil inventories unexpectedly increased by over 3 million barrels, driving prices down to $62.65. Economic concerns, especially in China, signal a bearish trend. Watch for key levels around $65.27. – vtmarketsmy.com
GBP/USD bulls surge, nearing key resistance levels of 1.3588 and 1.3618
Written on August 13, 2025 at 7:22 pm, by davin
The GBP/USD pair is surging, nearing key resistance levels, driven by a weaker US dollar and strong UK labor data. Traders should exercise caution due to potential volatility risks ahead. – vtmarketsmy.com
Bostic suggests a potential policy adjustment delay because of a strong labor market, despite ongoing challenges.
Written on August 13, 2025 at 7:22 pm, by davin
Atlanta Fed President Bostic highlights economic stress among consumers and small businesses while inflation remains a concern. Traders should brace for potential market volatility if the Fed holds rates steady despite expectations of a cut. – vtmarketsmy.com
Gold price (XAU/USD) hovers around $3,360 during European trading, showing a slight increase
Written on August 13, 2025 at 7:22 pm, by davin
Gold prices soar to $3,360 amid falling US Treasury yields and a high likelihood of a Federal Reserve rate cut. Traders should consider strategies like call options for potential gains. – vtmarketsmy.com
Bullish sentiment in Asia-Pacific markets drives record intraday highs for Nikkei 225 and S&P/ASX200
Written on August 13, 2025 at 7:21 pm, by davin
Japan’s Nikkei 225 and Australia’s S&P/ASX200 hit new record highs, fueled by positive earnings forecasts amidst easing U.S. trade tensions. Strategic investments may capitalize on these bullish trends. – vtmarketsmy.com
Bank of Canada members emphasize the need for clearer guidance before making monetary policy decisions
Written on August 13, 2025 at 6:24 pm, by davin
The Bank of Canada is divided on future monetary support, keeping the Canadian dollar poised for volatility. Upcoming economic data is crucial for a potential breakout in the USDCAD pair. – vtmarketsmy.com
The 1.1700 area is crucial for buyers, impacting short-term momentum and price direction.
Written on August 13, 2025 at 6:23 pm, by davin
The EURUSD dipped below 1.1703 but bounced back to 1.1723. With weakening momentum, traders watch the key support zone closely. A breakdown could signal further declines, presenting trading opportunities. – vtmarketsmy.com
Scotiabank analysts report that the Japanese yen is rising as the US dollar declines against G10 currencies
Written on August 13, 2025 at 6:23 pm, by davin
The Japanese Yen is gaining strength against the US Dollar due to external shifts, particularly lowered rate expectations for the Fed. This trend could lead to further yen appreciation in the near term. – vtmarketsmy.com
Scotiabank strategists: Pound Sterling rises 0.6% against US Dollar, outperforming G10 currencies
Written on August 13, 2025 at 6:23 pm, by davin
The Pound Sterling has surged 0.6% against the US Dollar, driven by strong UK employment data and anticipated Fed rate cuts. Traders are now considering options strategies to capitalize on this momentum. – vtmarketsmy.com
Goolsbee emphasizes the importance of Fed independence to prevent inflation, despite mixed political signals.
Written on August 13, 2025 at 6:22 pm, by davin
Economists emphasize the Federal Reserve’s independence to curb inflation, warning of tariff impacts and market volatility. With uncertain interest rates ahead, protective trading strategies are advised for volatile markets. – vtmarketsmy.com