Forex Market Review: Dollar Firms, German Ifo Rises
United States of America. The US dollar is strengthening against the pound and the yen, while showing mixed performance against the euro.
Markets
2
July
1
July
30
June
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By Sagar Dua - 558
Forex EUR/USD Stable Near Multi-Year Highs on Diverging Macro Signals
27
June
26
June
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By Sagar Dua
- 4774
EUR/USD has staged a sharp reversal since the start of 2025. After ending December near 1.04, the pair climbed to around 1.1608 by June 24, gaining close to 12%. Much of that advance came as the US dollar lost momentum and investors began reassessing the outlook for American growth, inflation and trade policy.
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By Sagar Dua
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EUR/USD: Euro Extends Bullish Momentum to 1.1680
25
June
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By Sagar Dua
- 660
USD Rallies Against Majors Amid Fed Caution and Inflation Concerns
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By Sagar Dua
- 644
The euro continues its moderate corrective advance against the US dollar during the Asian session, breaking to new highs not seen since October 2021 as EUR/USD tests the $1.1615 resistance. Dollar sentiment remains fragile following weekend headlines: a US-led airstrike on Iranian nuclear sites was quickly followed by counterattacks from Tehran targeting military installations in Qatar and Iraq — yet, crucially, without major damage. As the week opened, both Iran and Israel agreed in principle to a ceasefire, easing geopolitical risk and weakening the dollar’s safe-haven appeal, even as scattered reports of violations persist.
24
June
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By Sagar Dua
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Dollar Weakens Against Major Currencies Amid Geopolitical Easing and Fed Signals
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