Forex Market

U.S. stock index futures fell Monday, as growing uncertainty surrounding President Donald Trump’s trade tariff plans overshadowed market sentiment. Market Overview At 05:15 ET (09:15 GMT), Dow Jones Futures were down 115 points, or 0.3%, S&P 500 Futures dropped 32 points, or 0.5%, and Nasdaq 100 Futures slipped 145 points, …

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 …

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 …

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 …

Gold prices rose slightly in Asian trading on Friday, recovering from the previous session’s losses. The precious metal remained on track for a weekly increase, fueled by concerns over the U.S. fiscal deficit and impending decisions regarding tariff rates from Washington. Spot Gold rose 0.5% to $3,341.34 an ounce, while …

U.S. President Donald Trump confirmed on Thursday that the U.S. will begin sending out letters to major global economies by Friday, detailing the specific tariff rates their exports will face when entering the U.S. market. The announcement marks a decisive move towards implementing the tariffs after a 90-day pause which …

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 …

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, …

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 …

On Thursday, July 3, the U.S. House of Representatives passed President Donald Trump’s “One Big Beautiful Bill” with a razor-thin 218-214 vote, following Senate approval on July 1 in a 51-50 tiebreaker led by Vice President JD Vance. This sweeping legislation, now awaiting Trump’s signature by his self-imposed July 4 …