Forex Market

On July 1, 2025, the USD/JPY pair fell to 143.89, down from 144.62, as the U.S. dollar weakened amid fears of dismal U.S. employment data. The pair ranged from a daily high of 144.04 to a low of 143.77, signaling market jitters. Forecasts suggest June’s non-farm payrolls will drop to …

Gold’s Steady RiseOn June 30, 2025, gold futures for August delivery rose to $3,302 per ounce, up from $3,273, driven by a faltering U.S. dollar. The precious metal peaked at $3,309 and dipped to $3,246, reflecting its inverse tie to the dollar. The Dollar Index fell 0.2% to 96.87 from …

Yields Slide Amid UncertaintyOn July 1, 2025, U.S. 10-year Treasury yields dropped to 4.228% from 4.290%, hitting a daily low of 4.228% and a high of 4.287%. The decline reflects growing market expectations of at least two Federal Reserve rate cuts by year-end, fueled by forecasts of weakening U.S. employment …

Euro Surges: Dollar Woes and Stable Inflation Fuel RallyEuro’s Strong AdvanceOn June 30, 2025, the Euro climbed to $1.1776, a 0.51% gain, reaching its highest level since September 2021. This surge, largely driven by U.S. dollar weakness, overshadowed a flat German CPI, which held steady at 2% annually in June, …

Trump Targets PowellOn June 30, 2025, President Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell, formally demanding lower interest rates via a handwritten note. Labeling Powell “too late,” Trump criticized the Fed’s cautious stance amid his administration’s volatile trade policies. The move follows weeks of heated rhetoric, …

Overview of the Legislative ProposalIn June 2025, President Donald Trump’s proposed tax and spending bill, dubbed the “One Big Beautiful Bill,” has emerged as a cornerstone of his second-term economic agenda. This ambitious legislation aims to permanently extend the 2017 Tax Cuts and Jobs Act (TCJA), which reduced corporate tax …

GBP/USD Holds Its GroundOn June 30, 2025, GBP/USD stayed steady at 1.3707, shrugging off hawkish remarks from Atlanta Fed President Raphael Bostic, who projected just one rate cut in 2025 and three in 2026. The UK’s Q1 GDP grew 0.7% quarter-on-quarter, its fastest pace in a year, yet signs of …

As global markets head into a holiday-shortened trading week in the U.S., several key developments are set to shape investor sentiment. The focus will be on the ongoing debate in the Senate regarding President Donald Trump’s signature tax-and-spending bill, crucial job market data due on Thursday, and Tesla’s upcoming second-quarter …

Gold prices rebounded from a one-month low in Asian trade on Monday, buoyed by a weaker dollar and the easing of geopolitical tensions in the Middle East. While safe-haven demand for gold remained subdued due to optimism surrounding potential U.S. trade deals, the precious metal found some support. Spot Gold …

The U.S. dollar faced significant pressure on Monday, slipping against multiple major currencies, including the yen, euro, sterling, and Swiss franc. This was in part due to market optimism around U.S. trade deals and growing expectations for earlier interest rate cuts by the Federal Reserve. The dollar hovered near a …