Monthly Archives: August 2025
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
Loonie shows limited bullish momentum below 1.3800 due to US dollar weakness
Written on August 13, 2025 at 6:22 pm, by davin
The Canadian Dollar is struggling to gain strength against a weakening US Dollar, constrained by falling oil prices. Upcoming key economic events may influence its trajectory in the coming weeks. – vtmarketsmy.com
The Euro is rising against the US Dollar, possibly reaching new highs as the USD weakens.
Written on August 13, 2025 at 6:22 pm, by davin
The Euro rises against the Dollar amid Fed rate cut expectations, reaching 1.1700. GBP also climbs, while gold struggles due to reduced safe-haven demand. Market volatility presents trading opportunities. – vtmarketsmy.com
The Euro rises 0.5% against the US Dollar due to a weaker USD
Written on August 13, 2025 at 6:21 pm, by davin
The Euro rises 0.5% against the US Dollar amid USD weakness and bullish trends, driven by expected Federal Reserve rate cuts. Investors may consider EUR/USD call options as the upward momentum continues. – vtmarketsmy.com
European shares rise as investors expect peace and lower tariffs; US indices perform mixed.
Written on August 13, 2025 at 5:23 pm, by davin
European shares rose on peace talks hopes, while U.S. markets showed mixed results ahead of a crucial Trump-Putin meeting. Traders are advised to brace for potential volatility as uncertainties linger. – vtmarketsmy.com
Scotiabank strategists note that Canadian institutional investors have reduced their USD exposure as the CAD sees minimal recovery.
Written on August 13, 2025 at 5:22 pm, by davin
Canadian Dollar struggles amid mixed economic signals, with rising unemployment and cooling inflation. As volatility increases, traders may benefit from strategies targeting fluctuations in the USD/CAD pair. – vtmarketsmy.com