VT 
Monthly Archives: May 2025
As fears of recession rise, Asian currencies strengthen while the USD declines amidst investor shifts
Written on May 6, 2025 at 11:37 pm, by anakin
Asian currencies strengthen as capital shifts from the US amid trade tensions and divergent central bank strategies.
The Atlanta Fed increased its GDPNow estimate for Q2 growth from 1.1% to 2.2%
Written on May 6, 2025 at 11:15 pm, by anakin
GDPNow raises Q2 2025 real GDP growth estimate to 2.2% amid stronger consumption and investment data.
Rabobank’s Jane Foley highlights the Swiss franc’s surge amid declining inflation, raising SNB expectations
Written on May 6, 2025 at 11:07 pm, by anakin
Swiss franc gains 7% vs USD since April, but low inflation may prompt more SNB rate cuts.
As Carney reaches the White House, USD/CAD hits day’s lows within a narrow range
Written on May 6, 2025 at 10:45 pm, by anakin
USD/CAD trades near range low; market watches Trump-Carney meeting for potential directional cues or statements.
During North American trading, the Pound Sterling rises close to 1.3390 against the US Dollar
Written on May 6, 2025 at 10:37 pm, by anakin
Pound strengthens ahead of BoE rate cut; GBP/USD rises as US Dollar weakens amid steady Fed policy.
Buyers supported the S&P and Nasdaq indices near 50-hour moving averages, maintaining short-term control
Written on May 6, 2025 at 10:16 pm, by anakin
S&P 500 and Nasdaq found support at 50-hour moving averages, stabilizing declines despite modest selling pressure.
The AUDUSD maintains support above the 100-hour MA, as bulls target recent highs.
Written on May 6, 2025 at 9:46 pm, by anakin
AUDUSD holds above key support zones, eyeing resistance near 0.6493; staying bullish above moving averages.
Scott Bessent, US Treasury Secretary, mentioned negotiations are ongoing with 17 partners, excluding China
Written on May 6, 2025 at 9:37 pm, by anakin
U.S. trade talks advance without China; Dollar Index dips as tariff debates and economic strategies resurface.
Economic optimism in the United States fell short of projections, registering at 47.9 rather than 50.2
Written on May 6, 2025 at 9:07 pm, by anakin
Economic optimism dips; Gold tops $3,400; AUD, EUR gain; Bitcoin reserves face resistance; Fed meeting nears.
Canada’s Ivey PMI declined to 47.9, reflecting economic pressure from various factors, including tariffs
Written on May 6, 2025 at 8:45 pm, by anakin
Canadian Ivey PMI dropped to 47.9 in April, signaling weaker manufacturing and economic challenges ahead.
