Forex Market

As the Bank of Canada prepares to announce its interest rate decision on Wednesday, July 30, 2025, expectations are mounting that the central bank will keep its benchmark rate unchanged at 2.75% for the third consecutive meeting. Persistent inflation, a surprisingly resilient labor market, and looming trade uncertainties with the …

The British pound faced modest losses on Tuesday, caught in the crosshairs of a resurgent US dollar and a broader shift in investor sentiment. Despite hopes for a boost from a newly announced US-EU trade agreement, the currency struggled as markets turned cautious, favoring safe-haven assets over riskier ones like …

Global trade negotiations are heating up as the United States and China race against a looming August 12 deadline to resolve tariff disputes, with the U.S. signaling flexibility but maintaining pressure for favorable deals. Following the latest round of talks, optimism persists that progress is being made, though concrete agreements …

The US dollar charged to new multi-week peaks on Tuesday, fueled by growing uncertainties in global trade and eager anticipation for the Federal Reserve’s upcoming interest rate decision. Investors are also eyeing the critical Nonfarm Payrolls report later this week, which could further shape market dynamics. As the dollar strengthens, …

As the Federal Reserve prepares for its July meeting on Tuesday, July 29, 2025, a volatile mix of political pressure from President Donald Trump and an unprecedented 30-year split among governors threatens to shake its foundation. With Chair Jerome Powell under fire, the central bank is set to hold interest …

European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in EssilorLuxottica, and optimism surrounding the newly inked trade deal between the U.S. and the European Union. Market Performance Pan-European STOXX 600 index: Rose 0.5% by 0815 GMT. Germany’s DAX and France’s CAC 40: Both added …

Pound Gains Ground on EuroOn July 29, 2025, the British pound strengthened against the euro, with the EUR/GBP pair dropping to 0.8677, down 0.7% from its previous close of 0.8738. The pair fluctuated between a daily high of 0.8757 and a low of 0.8665, reflecting market jitters over a new …

U.S. President Donald Trump set the global stage ablaze, slashing his 50-day deadline for Russia to reach a Ukraine ceasefire to just 10-12 days and vowing dynamite secondary sanctions if Russian President Vladimir Putin doesn’t comply. Speaking at his Turnberry golf resort in Scotland alongside British Prime Minister Keir Starmer, …

Euro Faces Sharp DeclineOn July 28, 2025, the euro slumped against the US dollar, with the EUR/USD pair dropping 1.3% to 1.1590 from its previous close of 1.1749. The currency hit a daily high of 1.1770 before falling to a low of 1.1585, reflecting market unease over a newly signed …

A Fourth Day of Losses for GoldGold prices slid for the fourth consecutive day on July 28, 2025, dropping 0.68% to $3,314.45 per troy ounce, down from a daily high of $3,345.52 and a previous close of $3,337.07. The decline reflects a resurgent US dollar, bolstered by a landmark US-EU …