Monthly Archives: August 2025
Scotiabank strategists note that the US dollar weakens as focus shifts to rates and spreads
Written on August 13, 2025 at 5:22 pm, by davin
The US Dollar weakens amid mixed inflation data and political pressure on the Federal Reserve. Strategies include buying put options on dollar funds and considering commodities like gold for potential gains. – vtmarketsmy.com
USDJPY approaches support levels and rebounds after hitting new lows; traders adjust strategies accordingly
Written on August 13, 2025 at 5:22 pm, by davin
The USDJPY pair is testing crucial support between 147.04 and 147.13, influenced by recent economic data and potential Bank of Japan policy shifts. Traders should prepare for swift price movements. – vtmarketsmy.com
In June, South Africa’s retail sales grew by 1.6%, down from 4.2% earlier.
Written on August 13, 2025 at 5:22 pm, by davin
South Africa’s retail sales growth hit 1.6%, signaling economic trouble. Meanwhile, the Euro and Pound surged, and gold faced pressures from rising rates. AI tokens fluctuated sharply after a major acquisition offer. – vtmarketsmy.com
MBA mortgage applications in the United States increase to 10.9%, up from 3.1%
Written on August 13, 2025 at 5:21 pm, by davin
Mortgage applications jumped 10.9%, signaling a strong US housing market. With the Bank of England cutting rates and currencies shifting, traders should stay alert for potential opportunities in Forex. – vtmarketsmy.com
Pathward Financial reports quarterly earnings of $1.81 per share, surpassing expectations of $1.57 per share.
Written on August 13, 2025 at 4:23 pm, by davin
Pathward Financial exceeded earnings expectations, reporting $1.81 per share, encouraging traders to consider strategies like call options or bull call spreads amid market volatility and mixed economic signals. – vtmarketsmy.com
The US dollar nears important support at 147.00, impacted by recent inflation data and interest rate expectations
Written on August 13, 2025 at 4:22 pm, by davin
The Japanese Yen is gaining strength against a weakening US Dollar, driven by steady inflation data and rising expectations for Federal Reserve interest rate cuts. Traders eye critical levels at 147.05. – vtmarketsmy.com
Bullard sees a 50 basis point cut as too hasty, advising caution because of misleading data
Written on August 13, 2025 at 4:22 pm, by davin
James Bullard’s cautious stance hints at a 25 basis point rate cut instead of a larger one, heightening market uncertainty. Traders should prepare for increased volatility and consider hedging strategies. – vtmarketsmy.com
USDCAD is stuck in a tight range, anticipating a breakout as traders monitor key support levels.
Written on August 13, 2025 at 4:22 pm, by davin
The USDCAD is stuck in a trading range, awaiting momentum. Key support is at 1.37414; a break below could trigger a downturn. Watch for potential bullish signals above the 100-day moving average. – vtmarketsmy.com
AUD/USD pair rises to about 0.6560 during European trading, indicating US dollar weakness
Written on August 13, 2025 at 4:21 pm, by davin
The Australian Dollar has reached a two-week high against the US Dollar at 0.6560, fueled by anticipation of US interest rate cuts. Watch for upcoming Australian employment data, which could influence further gains! – vtmarketsmy.com
UOB Group suggests that USD/CNH may fall to 7.1780, but support at 7.1700 is holding strong
Written on August 13, 2025 at 3:23 pm, by davin
The US Dollar is expected to trade between 7.1700 and 7.2100 in the upcoming weeks, suggesting low volatility. Selling options within this range could be a profitable strategy amidst stable market conditions. – vtmarketsmy.com