Live Updates

    7 August 2025
    The US dollar shows weakness due to economic concerns, monetary policy, and potential political impacts

    Concerns about the US economy weaken the Dollar, while European stocks rise amid potential peace talks. Expect rate cuts and tariffs to influence currencies, creating trading opportunities in USD/JPY and EUR/USD. – vtmarketsmy.com

    7 August 2025
    The Euro strengthened against the US Dollar but fell back from earlier highs near 1.17.

    The Euro hovers around 1.1650, with potential to rise past 1.17. Meanwhile, Bitcoin signals indecision below $116,000. Consider strategic options for trading upcoming volatility in both markets. – vtmarketsmy.com

    7 August 2025
    European indices mostly rise, but the UK’s FTSE 100 declines after the Bank of England cuts rates.

    European markets gained despite the UK’s FTSE 100 dip after the Bank of England cut rates. US indices showed mixed results, with caution advised ahead of the September Fed meeting. – vtmarketsmy.com

    7 August 2025
    Scotiabank strategists: Pound Sterling rises as USD weakens ahead of BoE

    The Pound Sterling remains steady as the Bank of England cuts rates amid a split vote, signaling uncertainty. Traders may find opportunities in volatility, amid mixed signals of growth and inflation. – vtmarketsmy.com

    7 August 2025
    GBP/USD stays above 1.3350 after strong gains as investors await Bank of England decisions

    GBP/USD holds above 1.3350 as traders anticipate the Bank of England’s decisions. Historical trends suggest buying options could harness volatility, especially amid ongoing inflation concerns and potential rate adjustments. – vtmarketsmy.com

    7 August 2025
    Gold price tries to exceed $3,400 but struggles despite Fed officials supporting rate cuts

    Gold is struggling to break $3,400 despite lower interest rates and safe-haven demand. With geopolitical tensions and market indecisiveness, a significant price movement could be on the horizon. – vtmarketsmy.com

    7 August 2025
    Forecasts suggest the Bank of England’s Monetary Policy Committee will vote for a rate increase.

    Gold prices hover near $3,400 amid conflicting market forces, while Bitcoin struggles below $116,000. Uncertainty is pervasive due to US tariffs and divergent central bank policies affecting currencies. – vtmarketsmy.com

    7 August 2025
    Bailey says BOE’s message shows a balanced situation as GBPUSD significantly retraces gains

    GBPUSD is stalling near key resistance, with buyer activity keeping hope alive. The Bank of England’s cautious stance reflects economic uncertainty, prompting traders to watch for breakout signals in either direction. – vtmarketsmy.com

    7 August 2025
    Atlanta Fed’s GDPNow model keeps Q3 growth forecast at 2.5%

    The Atlanta Fed projects steady 2.5% growth for Q3 2025, indicating economic stability. Expect lower market volatility and consider strategies like selling premium on ETFs amid cooling inflation and moderate job growth. – vtmarketsmy.com

    7 August 2025
    The Bank of England’s MPC voted to keep interest rates at 4%, surpassing predictions.

    The Bank of England cut rates to 4%, surprising markets with a split committee. This sparked GBP/USD gains while pressuring EUR/USD. Gold is affected by geopolitical news, and Bitcoin remains weak. – vtmarketsmy.com

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