Forex Market

U.S. Commerce Secretary Howard Lutnick revealed plans to release 15 to 20 new trade-related directives within the next 48 hours. He also indicated that tariffs on copper imports are expected to be introduced by late July or early August, targeting a critical material used in electronics, construction, and renewable energy …

China’s foreign exchange reserves soared to $3.3174 trillion by June 2025, marking a $32.2 billion (0.98%) increase from May and sustaining a 19-month streak above $3.2 trillion, according to official data from the State Administration of Foreign Exchange (SAFE). The People’s Bank of China (PBC) also bolstered its gold reserves …

On Tuesday, the EUR/USD pair, the world’s most traded currency pair, edged up 0.09% to 1.1718, driven by optimism over a potential U.S.-EU trade deal and solid Eurozone economic data. President Donald Trump announced a letter outlining tariff rates could be sent to the EU within two days, while confirming …

President Donald Trump announced a forthcoming letter to the EU within two days outlining tariff details and confirmed a 10% tariff on BRICS nations to uphold U.S. economic standards, emphasizing the rate as “low and fair.” The EU, locked in urgent trade talks with the U.S., is pursuing a deal …

The British Pound is losing ground against the US Dollar, with GBP/USD dipping below the 20-day simple moving average at 1.3596. A mix of UK fiscal anxieties and a cautious Federal Reserve stance is dampening demand for Sterling. As markets grapple with looming trade tariffs and economic uncertainties, the Pound …

The Pound Sterling hovers near 1.3638 on July 7, 2025, caught between US-Iran tensions, US President Donald Trump’s tariff threats, and diverging Fed-BoE policies. As markets brace for trade disruptions and UK tax hikes, this analysis unpacks the forces holding GBP/USD steady and what’s next.Dollar Gains Amid Tariff and Geopolitical …

US President Donald Trump’s tariff announcements on July 7, 2025, targeting imports from Japan and South Korea at 25% effective August 1, have pushed US Treasury yields higher, signaling inflation fears that ripple through oil markets. This analysis explores the oil market’s response and broader asset implications.Yields Surge on Tariff-Driven …

The EUR/JPY pair is riding a wave of optimism, fueled by prospects of a US-EU trade deal and a robust German economic rebound. However, US President Donald Trump’s announcement of a 25% tariff on Japanese imports, effective August 1, has put the Japanese Yen under strain. As markets eye a …

On Monday, US President Donald Trump announced the imposition of a 25% tariff on imports from Japan and South Korea, effective from August 1.Trump shared screenshots on his Truth Social platform of two letters addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung regarding these tariffs.The …

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 …