President Donald Trump’s tariff threats targeting over 100 countries by July 9, 2025, coupled with heightened US-Iran tensions, have sparked market unease, propelling the US Dollar as a safe-haven. With trade and geopolitical risks mounting, this analysis explores the market fallout and what lies ahead.Dollar Surges on Safe-Haven FlowsFears of …
Read More »Weekly market wrap: FOMC minutes are looming amid trade fears
Three things dictated price action in financial markets last week, including reaching a trade deal between USA and Vietnam, positive US jobs data, and passing “the Big Beautiful Bill”. The recent appreciation of the U.S. dollar was driven by improving investor sentiment toward America’s trade outlook, supported by Friday’s robust …
Read More »EUR/USD Holds Steady Amid Tariff Tensions, Eyes Turn to EU Economic Data
Modest Gains Amid Holiday-Thinned TradingThe EUR/USD pair edged up by 0.18% on Friday, trading at 1.1778, despite thin market liquidity due to the U.S. Independence Day holiday, according to The Independent. The modest gain, which contributed to a weekly increase of 0.53%, came as investors grappled with escalating tensions over …
Read More »Global Markets Wobble as Trump’s Tariff Deadline Draws Near
Global stock markets faltered on Friday, gripped by uncertainty as U.S. President Donald Trump’s July 9 tariff deadline loomed, even as U.S. equities continued their record-breaking surge, according to The Independent. The threat of steep import taxes cast a shadow over investor confidence, particularly in Europe and Asia, while Wall …
Read More »Sterling Falters Against Yen Amid Tariff Fears and UK Political Strife
The British Pound (GBP) weakened against the Japanese Yen (JPY), with GBP/JPY slipping below 197.61, retreating from the 198.00 level. Rising safe-haven demand ahead of the July 9 U.S. tariff deadline and UK political tensions have curbed Sterling’s strength. With U.S. markets closed for Independence Day, the Yen’s gains reflect …
Read More »WTI Crude Oil Stalls Near $65 as OPEC+ and Tariff Uncertainties Loom
West Texas Intermediate (WTI) Crude Oil prices hovered near $65.70, down 0.82%, reflecting cautious trading amid U.S. Independence Day market closures. With traders eyeing the OPEC+ meeting on July 5 and the looming July 9 U.S. tariff deadline, WTI remains locked in a tight range. Subdued demand signals and a …
Read More »Gold Shines Amid Tariff Threats and U.S. Dollar Weakness
Gold (XAU/USD) climbed above $3,330, driven by a weakening U.S. Dollar and renewed concerns over U.S. fiscal sustainability following the passage of a major tax and spending bill. With U.S. markets closed for Independence Day, tariff uncertainties and the bill’s $3.3 trillion deficit impact have bolstered gold’s safe-haven appeal. The …
Read More »Market Movers – US Session: US Jobs Data Boosts Risk Appetite, Trump To Sign “Big, Beautiful Bill”
The US session on July 4, 2025, is expected to be subdued due to the Independence Day holiday, with US markets closed. However, forex and commodity markets remain active, influenced by several key factors. These include stronger-than-expected US Nonfarm Payrolls (NFP) data for June, which showed a gain of 147,000 …
Read More »Will Trump Postpone the Tariff Deadline Beyond July 9? Who is Closest to Framework Agreements?
As the July 9, 2025, deadline for President Donald Trump’s “reciprocal” tariffs rapidly approaches, the global trade landscape is buzzing with speculation. Will Trump extend the deadline, and which nations are on the verge of striking framework agreements to avoid significant tariff hikes? Investors and traders are closely monitoring developments, …
Read More »Canadian Dollar Gains Momentum as U.S. Jobs Data Boosts Market Optimism
The Canadian Dollar climbed against the U.S. Dollar, pushing the USD/CAD pair toward multi-month lows below 1.3540, driven by a robust U.S. Nonfarm Payrolls (NFP) report showing 147,000 jobs added in June, surpassing forecasts of 106,000. This strong data, coupled with renewed market risk appetite, weakened the USD while bolstering …
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