The US Dollar regained momentum on Thursday, reversing a prior dip as investors digested upbeat US data while monitoring trade developments and central bank tensions. With a packed Friday agenda, July 18, the market stands at a crossroads—can the Dollar’s strength persist, or will new data shift the tide?US Dollar …
Read More »Dollar/Yen Rises Steadily Backed by Strong Data
The US Dollar reached its highest level in about four weeks, fueled by rising expectations that the Federal Reserve will not cut interest rates soon, amid ongoing improvements in economic conditions.Weekly unemployment claims dropped more than expected to a three-month low, while June retail sales rose above forecasts. The Philadelphia …
Read More »Fed’s Daly Keeps Options Open: Rate Cut in Sight or Still Distant?
Federal Reserve Bank of San Francisco leader Mary C. Daly hinted on Thursday that a July rate cut remains possible but offered no strong push for it, as inflation concerns linger despite economic resilience. With price stability elusive, the central bank faces a balancing act—can rates hold steady, or will …
Read More »Crypto Surge: Can Bitcoin and Ether ETFs Keep Recent Momentum?
Cryptocurrency markets are buzzing on Thursday, with Bitcoin holding steady at $118,612.16 (-0.49%) and Ether climbing 3.61% to $3,397.60, driven by record-breaking ETF inflows. As institutional interest grows, the question looms—can this rally sustain, or will volatility strike?ETF Inflows Fuel Market RallyEther ETFs smashed records with a staggering $727 million …
Read More »Can USD/CHF Break Higher Amid Fed’s Hawkish Stance?
The US Dollar is strengthening against the Swiss Franc, with USD/CHF gaining ground on Thursday as robust US economic data and a hawkish central bank outlook boost demand for US yields. Trading above 0.8000, the pair shows signs of a bullish shift—can it push past key resistance or face a …
Read More »Gold’s Retreat: Can XAU/USD Hold Firm Amid Fed’s Hawkish Grip?
Gold prices are slipping on Thursday, with XAU/USD pulling back 0.6% to trade near $3,330, as central bank officials signal a cautious stance on rate cuts. Bolstered by strong US economic data, the yellow metal faces pressure—can it find support at $3,300 or slide further?Fed’s Hawkish Tone Weighs on GoldFocus …
Read More »Daily Earnings Recap: July 16
U.S. Companies (Wall Street)The earnings season on July 16, 2025, showcased notable performances from several U.S. companies, reflecting a mixed market environment influenced by trade tensions and expectations of interest rate cuts. Goldman Sachs reported a standout performance for the second quarter, posting an EPS of $10.91, surpassing expectations of …
Read More »EUR/USD Bounces Back as Trump’s Fed Threats and Soft US PPI Weaken Dollar
The EUR/USD pair staged a recovery on July 16, 2025, climbing 0.25% to 1.1633 after rebounding from a three-week low of 1.1562. The euro’s advance was fueled by a faltering US Dollar, which faced renewed selling pressure following President Donald Trump’s hints at removing Federal Reserve Chairman Jerome Powell, coupled …
Read More »Fed Beige Book Signals Economic Caution Amid Flat or Declining Activity
The Federal Reserve’s latest Beige Book, released on July 16, 2025, paints a cautious picture of the U.S. economy, highlighting flat or weakening activity across most of its 12 districts. Compiled by the Federal Reserve Bank of Boston from data collected before July 7, the report draws on insights from …
Read More »Market Drivers – US Session: Markets Brace for UK Jobs Data and US Retail Sales Amid Dollar Pullback
The US Dollar hit a speed bump, snapping a four-day winning streak as the US Dollar Index (DXY) retreated under renewed selling pressure. The pullback was triggered by fleeting rumors—later downplayed—that President Donald Trump might move to oust Federal Reserve Chairman Jerome Powell. Compounding the dollar’s woes were softer-than-expected US …
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