Live Updates

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

Brazil’s President Lula vows to counter US tariffs, emphasizing minimal trade impact, especially on coffee. Market sentiment remains stable, but pressures could escalate if tensions rise, requiring careful observation from investors. – vtmarketsmy.com

US oil rigs dipped slightly, signaling cautious energy strategies amid volatile demand. Meanwhile, Bitcoin’s highs boost meme coins, gold thrives in uncertainty, and GBP/USD falters on weak UK data. – vtmarketsmy.com