Forex news

  • United States: Dollar Retreats Amid Policy Uncertainty

  • On July 15, forex markets remain under pressure from escalating geopolitical tensions and aggressive US trade policy. President Donald Trump has announced 100% tariffs on Russian goods, as well as on imports from countries that maintain trade relations with Russia—namely China and India—unless a resolution to the Ukraine conflict is reached within 50 days.

  • Forex EUR/USD: Euro Stable as Markets Await Industrial Data and US Inflation

  • The global currency markets and oil prices remain sensitive to recent US trade policy developments, especially following President Trump's announcement of significant tariff hikes on goods from the EU and Mexico. Over the weekend, tariffs were increased by 30%, directly impacting economies supplying nearly a third of America's imports, totaling around $988 billion in 2022.

  • Forex Market Overview: Dollar Remains Strong, Gold Sustains Gains

  • Forex EUR/USD: The euro is under moderate selling pressure, retreating to the 1.1680 zone during the Asian session as the week winds down. Traders are digesting a fresh batch of inflation data out of Germany—the Eurozone’s economic engine. As expected, the consumer price index dropped from 0.1% to 0.0% month-on-month, and annual inflation slowed to 2.0%. The harmonized index of consumer prices also fell to 0.1% (MoM) and 2.0% (YoY), validating the effectiveness of the ECB’s monetary tightening cycle. However, the focus is now shifting from price stability to structural challenges: the European Commission announced multi-billion euro investments in defense, while Germany plans a dedicated fund for gradual infrastructure modernization. This spending surge could widen budget deficits and potentially reignite inflationary pressures, though market consensus sees only one additional 25bps ECB rate cut this year.

  • Forex EUR/USD. On the forex market, major currency pairs show mixed performance, while the euro remains rangebound against the dollar near 1.1736 during the Asian session. Investors closely watch Germany’s June inflation figures: as expected, annual CPI held steady at 2.0%, while the monthly reading was flat, though the harmonized index edged up 0.1%. This confirms the effectiveness of the European Central Bank’s policy in containing price growth. In the US, weekly jobless claims are due at 14:30 (GMT+2), forecasted to rise slightly to 235K. The focus remains on deteriorating global trade prospects, as the White House, led by President Trump, maintains a hawkish stance, threatening further tariff hikes for countries that fail to finalize deals by August 1. Relative consensus has been reached only with the UK, China, and Vietnam, while several other nations are in late-stage talks. The EU still hopes for an imminent trade deal but warns of a possible confrontation—Germany’s Economy Minister Robert Habeck has called for fair solutions, noting that punitive tariffs (initially proposed at 50%) would harm both economies.

  • On July 9, 2025, the US dollar continues to strengthen against the euro, with mixed performance versus the yen and British pound. The forex market remains highly reactive to trade policy headlines and global inflation data, as investors digest the latest signals from Washington and central banks worldwide.

  • Forex EUR/USD: The euro remains on the defensive during the Asian session, consolidating around 1.1726 as overall market activity slows. Investors are refraining from major moves, instead awaiting fresh catalysts with a particular focus on the evolving US trade policy. Just yesterday, President Donald Trump extended the deadline for higher US import tariffs from July 9 to August 1, granting additional time for new trade deals. Thus far, only the UK and Vietnam have reached agreements; most other major economies have yet to secure deals after multiple negotiation rounds. In addition, Trump has announced new tariff rates for 14 countries, including Japan. European officials are still aiming for a July deal, with German Finance Minister Lars Klingbeil noting optimism for a near-term compromise but also warning of possible retaliatory steps if the agreement is deemed unfair. Germany’s latest macro data painted a mixed picture: exports shrank by 1.4% (vs. –0.2% forecast), while imports fell 3.8% (vs. –0.9% expected), boosting the trade surplus to €18.4B from €15.8B. June inflation data is due tomorrow, with forecasts of a stable 2.0% annual pace. Meanwhile, US investors are watching for the FOMC’s June meeting minutes, which could hint at future monetary easing.

  • The global Forex market is navigating heightened volatility today as the US dollar strengthens against the pound and yen, while trading remains mixed versus the euro. Market attention centers on President Donald Trump’s announcement of new US tariffs, the implications for global trade, and developments in the oil and currency markets.

  • As global traders brace for signals from the Federal Reserve, the forex market enters a cautious but active session. The US dollar, after its recent surge on strong labor market data, is correcting lower against major peers. Meanwhile, expectations mount ahead of the release of the Fed’s June meeting minutes and as key deadlines on US trade tariffs approach.

  • On July 7, 2025, the U.S. dollar strengthened across the board—gaining ground against the euro, pound, and yen—as forex traders closely monitored the latest statements from President Donald Trump. In a move shaking risk sentiment, Trump floated the possibility of imposing an additional 10% tariff on imports from BRICS countries. This comes after BRICS leaders condemned what they termed “unjustified, unilateral protectionist measures” in a joint statement, warning that indiscriminate sanctions and trade restrictions risk fueling economic inequality on a global scale.

  • Forex EUR/USD: The euro is trading with mixed momentum around 1.1781 against the U.S. dollar following the release of Germany’s May industrial production data: output rose 1.0% year-over-year after a –2.1% correction, and 1.2% month-over-month versus the prior –1.6%.

  • United States: The US dollar weakened against the euro and yen, showing mixed performance against the pound as forex traders digested news of sweeping tax reform and the looming expiration of major trade moratoriums.

  • Forex EUR/USD: The euro is showing moderate gains against the US dollar in the early hours of July 4, though remains under pressure from robust US labor market data that reignited the dollar's bullish momentum. The pair is holding near 1.1783. In June, nonfarm payrolls increased by 147,000—beating both the previous month’s 144,000 and the consensus forecast of 110,000. Average hourly earnings edged down to 3.7% year-on-year (versus 3.8% prior, 3.9% expected), while monthly growth slowed to 0.2% from 0.4%. The unemployment rate declined to 4.1% from 4.2%, defying expectations for a rise to 4.3%. This labor market resilience has dramatically shifted expectations for the July FOMC meeting: CME FedWatch Tool shows rate cut odds plunging to 4.7% from 25% pre-data. At 11:00 (GMT+2), European traders will eye PPI figures, which are expected to show further disinflation. However, market sensitivity to inflation data has waned amid consensus that the ECB’s dovish cycle is nearing an end, though the regulator remains vigilant against both under- and overshooting price stability targets.

  • The US dollar advanced sharply against its major counterparts—euro, yen, and pound sterling—during Thursday’s forex session, propelled by stronger-than-expected US labor market data. June’s nonfarm payrolls rose by 147,000, handily beating both the 111,000 consensus forecast and May’s revised figure of 144,000. The bulk of job gains were concentrated in government and healthcare sectors, which added 73,000 and 39,000 positions respectively. The unemployment rate dipped to 4.1% from 4.2% (better than the anticipated 4.3%), while average hourly earnings moderated to 0.2% m/m and 3.7% y/y, down from 0.4% and 3.8%.

  • EUR/USD: Euro Trades Near Multi-Year Highs Ahead of US Labor Report

  • United States: Dollar Rises as Forex Awaits Fed Signals Amid Mixed Labor Data

  • EUR/USD: Euro Maintains Momentum at Two-Year Highs