Monthly Archives: June 2024

Key points: The British pound held broadly steady on Thursday as the market awaited the Bank of England’s (BoE) rate decision. The dollar, meanwhile, faced mixed movements against major currencies as it awaited fresh market catalysts. The pound traded at $1.2719, having eked out a slight gain in the previous session. The euro rose 0.03%Continue Reading

Key points: The Canadian dollar held its ground against the U.S. dollar on Wednesday, maintaining near its one-week high. Investors were analyzing the minutes from the Bank of Canada’s (BoC) recent meeting while keeping an eye on the upcoming Canadian inflation data. See: Canadian dollar trading at 1.37125 as seen on the VT Markets app.Continue Reading

Key points: Japan’s Nikkei share average ended higher on Wednesday, following an overnight rally in Wall Street’s semiconductor stocks. Nvidia’s impressive performance helped push Japan’s technology shares upward in the morning. Nvidia, which surpassed Microsoft to become the world’s most valuable company overnight, had a observable impact. The Philadelphia Semiconductor Index also climbed over 1%,Continue Reading

Key points:  This article is a follow-up to: Yen cautious before BOJ meeting  The USD/JPY pair saw a sharp increase following the decision from the Bank of Japan (BoJ) to keep its interest rates unchanged. This decision led to the Japanese yen plummeting against the US dollar, with the greenback gaining approximately 1%, moving fromContinue Reading

Key points: Gold prices edged higher on Wednesday following weaker-than-expected US retail sales data, bolstering hopes that the Federal Reserve will cut interest rates this year. Spot gold was up 0.1% at $2,328.67 per ounce as of 0631 GMT, while US gold futures fell 0.2% to $2,330.30. Picture: Gold trading at 2332.74 as seen onContinue Reading

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Key points:  The US dollar index (Symbol: USDX) rebounded from a lackluster start to the week. The index, which measures the performance of the US dollar against six major currencies, regained strength and floated near the 105.50 mark.  The image above shows the strength in the US dollar index, as observed on the VT MarketsContinue Reading

Key points: Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took advantage of lower stock prices after Monday’s sharp decline. The index had fallen 1.8% in the previous session, slipping below the psychologically important 38,000 level for the first time this month. See: Rebound expected for Nikkei225. DownloadContinue Reading

Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading

Key points: The Australian dollar showed little movement on Tuesday after the Reserve Bank of Australia (RBA) maintained a cautious stance against inflation. The RBA concluded its June policy meeting with rates held at 4.35%, emphasising that household consumption was stronger than initially reported and monthly consumer price figures had not improved. This stance suggestedContinue Reading