Forex Market

The financial world is holding its breath as the June 2025 US Non-Farm Payrolls (NFP) report nears, poised to deliver critical insights into the strength of the American labor market. Following a surprising ADP private payrolls report that showed a loss of 33,000 jobs in June, defying expectations of a …

A comprehensive policy bill championed by President Trump has narrowly passed the Senate, marking a significant step forward for his administration’s ambitious domestic agenda. The legislation, which includes substantial tax cuts, increased military spending, and stricter immigration policies, comes at the cost of significant reductions to healthcare and nutritional programs. …

Italy’s unemployment rate saw a significant increase in May, rising sharply to 6.5% from a revised 6.1% in April, according to data released on Wednesday by the national statistics bureau, ISTAT. The increase in the jobless rate was largely attributed to a surge in the number of people who had …

1. Gold Prices Maintain Gains Amid U.S. Fiscal and Trade UncertaintyGold prices held steady in Asian trade on Wednesday after two days of sharp gains, bolstered by growing concerns over the U.S. fiscal deficit following the Senate’s passage of President Donald Trump’s tax-and-spending megabill. The uncertainty surrounding U.S. trade deals, …

Gold prices soared by more than 1.13%, climbing to approximately $3,355 per ounce, before stablizing at $3,339 at the time of writing, propelled by mounting uncertainties surrounding global trade policies as the U.S. approaches a critical July 9 tariff deadline. The faltering progress in trade negotiations, combined with unpredictable economic …

The US Senate passed President Donald Trump’s ambitious legislative package, known as the “One Big Beautiful Bill,” marking a significant milestone in his administration’s economic agenda. The 940-page bill, which narrowly cleared procedural hurdles over the weekend, survived a contentious “vote-a-rama” session to secure approval. Combining sweeping tax cuts, spending …

The US Dollar Index (DXY) staged a recovery after hitting its lowest level since February 2022 at 96.38, climbing to around 96.85 during the American session, buoyed by stronger-than-expected US economic data. The ISM Manufacturing PMI and JOLTS Job Openings reports exceeded forecasts, easing some of the bearish pressure that …

The EUR/USD currency pair surged to a multi-year high of 1.1830, its strongest level since September 2021, before retreating slightly as robust US economic data bolstered the US Dollar. The Eurozone’s stabilizing inflation, with headline CPI reaching the European Central Bank’s (ECB) 2% target and core inflation steady at 2.3%, …

On July 1, 2025, the picturesque town of Sintra, Portugal, became the epicenter of global economic discourse as the European Central Bank (ECB) Forum on Central Banking brought together some of the world’s most influential central bankers. Among them were Jerome Powell, Chair of the Federal Reserve, Christine Lagarde, President …

On July 1, 2025, at 5:55 PM EEST, Bank of Japan (BOJ) Governor Kazuo Ueda provided critical insights into Japan’s economic landscape during a panel discussion at the European Central Bank’s Forum on Central Banking in Sintra, Portugal. Addressing an audience of global financial leaders, economists, and policymakers, Ueda stated …