Gold prices have surged nearly 1% to $3,354, driven by new US trade tariffs and economic uncertainties. With ongoing inflation and geopolitical tensions, gold remains a sought-after safe haven asset. – vtmarketsmy.com
The US Dollar rose 0.30% amid escalating trade tensions from new tariffs, particularly a 35% tax on Canadian goods. Market focus shifts to upcoming CPI data, influencing interest rates. – vtmarketsmy.com
In early 2025, reserve managers sold Japanese yen and Australian dollars, favoring the Swiss franc amid uncertainties. The US dollar remains strong, while euro sentiment shows signs of improvement, indicating shifting global financial dynamics. – vtmarketsmy.com
The EUR/CHF pair hovers near 0.9300, showing limited upward momentum and potential for declines. A fall below this level could trigger further selling, while resistance remains strong above 0.9350. – vtmarketsmy.com
The NZDUSD pair faces key resistance at the 200-hour moving average. Traders should monitor the 100-hour MA for direction. Breakouts are needed for momentum; caution advised around minor fluctuations. – vtmarketsmy.com
June saw a surprising $27 billion US budget surplus instead of the expected deficit, boosting the Dollar’s strength. Meanwhile, cryptocurrencies and gold rise amidst ongoing trade concerns and economic uncertainties. – vtmarketsmy.com
European shares dipped at the week’s end despite overall gains, with mixed U.S. performance reflecting rising yields. Traders should brace for potential market reversals and adjust positioning for evolving conditions. – vtmarketsmy.com
WTI Crude Oil prices stabilize above $67 as traders navigate production forecasts and strong domestic fuel demand, despite U.S. trade tariff concerns. Market dynamics suggest a tighter supply outlook amid robust gasoline need. – vtmarketsmy.com
Bank of America forecasts a weaker yen due to Japan’s political risks and US tariffs, advising long positions on USD/JPY targeting 152, while suggesting EUR/JPY and AUD/JPY as favorable alternatives. – vtmarketsmy.com
GBP/JPY rises above 199.00 as the Yen weakens due to US tariffs. The pair’s technical outlook is bullish, but watch for geopolitical shifts affecting market sentiment for sustained movement. – vtmarketsmy.com
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
Insights 
VT 
