US stock markets tumbled as geopolitical tensions with Iran surged, following President Trump’s ultimatum. The S&P 500, Nasdaq, and other indices faced significant declines, signaling increased market volatility and risk aversion. – vtmarketsmy.com
USD/CAD hovers around 1.3575 amid mixed US Retail Sales data and rising Oil prices, as traders await the Federal Reserve’s rate decision. Watch for geopolitical influences and technical signals. – vtmarketsmy.com
US business inventories showed no change, reflecting stability amid geopolitical tensions impacting currencies and commodities. Traders remain cautious ahead of central bank decisions; gold and Bitcoin exhibit limited movements. – vtmarketsmy.com
Trump’s national security meeting on a potential strike against Iran revealed internal tensions and diverging opinions. As decision-making pressure mounts, volatility is expected—traders should brace for impactful shifts. – vtmarketsmy.com
The NAHB housing market index drops to 32, missing projections, signaling home builder concerns. Meanwhile, AUD/USD bounces modestly, and USD/JPY trends upward as traders await pivotal Fed decisions. – vtmarketsmy.com
Gold prices rise amidst mixed US retail sales and Middle East tensions, trading around $3,392. Traders are cautious as geopolitical risks and economic indicators shape their strategies. – vtmarketsmy.com
The AUDUSD faced a reversal after a recent high, now trading below the 100-bar moving average. With selling pressure intensifying, further declines toward 0.6407 seem likely unless resistance is broken. – vtmarketsmy.com
U.S. industrial production fell 0.2% in May, missing growth expectations, while manufacturing grew slightly by 0.1%. Capacity utilization also dipped, signaling potential economic slowdown. Investors remain cautious. – vtmarketsmy.com
Goldman Sachs predicts EUR/USD will reach 1.20 by year-end and 1.25 in a year, driven by dollar weakness rather than euro strength. Expect steady gains, not explosive surges, in this cautious landscape. – vtmarketsmy.com
The NZDUSD reached a yearly high but quickly declined below key support levels. Watch for potential bearish momentum if it breaks below 0.59948; resistance remains between 0.6018 and 0.6029. – vtmarketsmy.com
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