Monthly Archives: May 2025
The Nasdaq 100 rally continues, reaching record highs and showing significant gains since April.
Written on May 28, 2025 at 4:50 am, by davin
The NASDAQ100 has surged over 25% since April, currently hovering around $21,378. Predictions suggest a potential rise to $22,000. Meanwhile, watch for global trends affecting currencies, gold, and Bitcoin. – vtmarketsmy.com
Pressure increases on the Australian dollar as the US dollar strengthens before important data releases
Written on May 28, 2025 at 3:51 am, by davin
The Australian Dollar struggles against the strong US Dollar, influenced by contrasting economic policies. With upcoming inflation data and Fed meeting insights, market volatility lies ahead for traders. – vtmarketsmy.com
The British pound falls from a three-year high, now trading at approximately 1.3510 against the US dollar.
Written on May 28, 2025 at 3:50 am, by davin
The British Pound slips against the US Dollar from a three-year high, stabilizing around 1.3510 as optimism for a US-EU trade deal grows. Key support levels indicate potential for recovery. – vtmarketsmy.com
The auction for the United States 2-year note yielded 3.955%, up from the previous 3.795%
Written on May 28, 2025 at 2:51 am, by davin
US 2-Year Notes auction yield rises to 3.955% as New Zealand cuts rates, boosting NZD/USD. Meanwhile, gold surges to $3,300 amid geopolitical tensions, and XRP consolidates around $2.33. – vtmarketsmy.com
New Zealand dollar weakens against US dollar below 0.5950 as RBNZ rate decision approaches
Written on May 28, 2025 at 2:50 am, by davin
The New Zealand Dollar is struggling against the US Dollar after failing to breach the 0.6000 level, influenced by US consumer confidence and anticipated interest rate changes from New Zealand’s central bank. – vtmarketsmy.com
What Are Safe-Haven Assets: Breaking Them Down
Written on May 28, 2025 at 2:22 am, by ahmad
Why do gold and yen appreciate during economic unrest? This blog covers primary facts on safe-haven assets and when they’re not so ‘safe’.
The stability of the US dollar causes the British pound to drop from its three-year peak of around 1.3510
Written on May 28, 2025 at 1:51 am, by davin
The British Pound remains strong despite recent fluctuations, influenced by inflation pressures and central bank policies. Market participants anticipate no rate cuts from the BoE, shaping trading strategies around upcoming data releases. – vtmarketsmy.com
Pound Sterling drops near 1.3540 against the US Dollar during North American session
Written on May 28, 2025 at 1:50 am, by davin
Pound Sterling dipped to 1.3540 against the US Dollar amid a mixed economic outlook. While optimism for a US-EU trade deal bolsters the Dollar, UK economic strength suggests resilience in Sterling. – vtmarketsmy.com
Importers seek dollars at month-end, causing the rupee to weaken against the USD and boosting USD/INR.
Written on May 28, 2025 at 12:51 am, by davin
The Indian Rupee is sliding to 85.37 against the US Dollar, influenced by rising oil prices and domestic equity challenges. Traders eye key resistance levels amid uncertain central bank policies. – vtmarketsmy.com
Trump’s optimism about the US-EU trade deal causes EUR/USD to drop near 1.1350
Written on May 28, 2025 at 12:50 am, by davin
EUR/USD is under pressure at 1.1350 due to a stronger US Dollar linked to positive trade talks. Eurozone inflation data suggests potential ECB easing, creating uncertainty and trading opportunities. – vtmarketsmy.com