The euro is holding firm after a notable rally in recent weeks. Both the EUR/USD and EUR/JPY currency pairs are showing signs of consolidation, as markets cautiously assess the outlook against the backdrop of a packed economic calendar.
Thu, 10 Jul 2025 04:45:57 -0400
It's a bit of a slow one in European morning trade with major currencies again not up to much. The dollar is largely consolidating, but keeping steadier overall as we continue to digest Trump's latest tariffs.
Thu, 10 Jul 2025 04:37:29 -0400
Prior +0.1% Industrial production m/m -0.7% vs +0.0% expected Prior +0.9% This is a volatile indicator and it's not market moving. This article was written by Giuseppe Dellamotta at www.forexlive.com.
Thu, 10 Jul 2025 03:59:41 -0400
Natural gas stalls near $3.22 amid weak momentum, while oil steadies on firm demand and tariff-driven uncertainty. WTI and Brent hold rising channels.
Thu, 10 Jul 2025 03:32:57 -0400
"We are working non-stop to find an initial agreement with the US to keep tariffs as low as possible and to provide the stability that businesses need."
Thu, 10 Jul 2025 03:25:51 -0400
This is in response to Trump pursuing to impose 50% tariffs on copper. That doesn't impact China for the most part but they are making known their grievances as Trump is pushing for sectoral tariffs now as the next part of his agenda.
Thu, 10 Jul 2025 03:21:46 -0400
The Indian rupee ticked up on Thursday, tracking regional peers higher, as a fresh round of tariff threats from the White House did little to move the needle for markets with traders expecting the local unit to stick to its familiar range in the near-term.
Thu, 10 Jul 2025 03:05:11 -0400
Prior +2.1% HICP +2.0% vs +2.0% y/y prelim Prior +2.1% This article was written by Giuseppe Dellamotta at www.forexlive.com.
Thu, 10 Jul 2025 02:00:08 -0400
He's talking about the French economy here being the France's central bank Governor. The ECB rate cuts should support the France's economy as well going forward.
Thu, 10 Jul 2025 01:55:47 -0400
Netherlands, The Manufacturing Output (MoM): 0.5% (May) vs -1%
Thu, 10 Jul 2025 00:31:11 -0400
The Japanese Yen (JPY) attracts some intraday sellers following an Asian session uptick and for now, seems to have stalled its sharp recovery move from a two-week low touched against the US Dollar (USD) on Wednesday. Japan's Producer Price Index (PPI) released earlier this Thursday hinted that inflation pressures might be cooling off.
Wed, 09 Jul 2025 23:53:22 -0400
Trump announced his administration will impose a 50% tariff on all imports from Brazil, effective August 1. Trump framed the Brazil action as politically motivated, voicing support for former President Jair Bolsonaro.
Wed, 09 Jul 2025 23:45:06 -0400
WTI crude oil rebounds from the long-term support region at $66 and challenges the 200-day SMA, while natural gas breaks below the ascending channel.
Wed, 09 Jul 2025 23:29:57 -0400
The Australian Dollar (AUD) continues its winning streak for the third successive session on Thursday. The AUD/USD pair gained ground after the Reserve Bank of Australia (RBA) surprisingly decided to maintain the Official Cash Rate (OCR) at 3.85% earlier this week.
Wed, 09 Jul 2025 23:17:20 -0400
Indonesia Consumer Confidence up to 117.8 in June from previous 117.5
Wed, 09 Jul 2025 23:10:39 -0400
The Indian rupee is likely to open marginally higher on Thursday, supported by the uptick in Asian peers and muted reaction to U.S. President Donald Trump's latest tariff announcements.
Wed, 09 Jul 2025 22:55:41 -0400
The FOMC agreed to keep interest rates on hold at the 4.25-4.50% range during their June 17-18 meeting, but the minutes of their discussions revealed divisions regarding the appropriate easing pace moving forward.
Wed, 09 Jul 2025 22:39:00 -0400
Japan's top trade negotiator, Ryosei Akazawa, said on Thursday that the US Dollar's (USD) status as global reserve currency remains solid. Akazawa added that Japan is unlikely to face US demands to prop up Japanese Yen as the USD is more susceptible to selling.
Wed, 09 Jul 2025 22:35:37 -0400
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, retreats from near a two-week high to 97.30 amid tariff threats after US President Donald Trump unveiled a new round of tariff demand letters.
Wed, 09 Jul 2025 22:24:43 -0400
Japan's Producer Price Index rose 2.9% yoy in June, easing from May's 3.3% yoy pace and in line with expectations. The slowdown reflects a moderation in upstream price pressures, as firms begin to benefit from a firmer Yen.
Wed, 09 Jul 2025 22:17:22 -0400