Forex Market Report - 22nd July 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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350 days ago
1. US Federal Reserve Meeting
- The Federal Reserve's upcoming meeting is highly anticipated, with potential rate decisions expected to impact the USD.
- Analysts predict the Fed might maintain current interest rates, but any unexpected changes could cause volatility.
- Focus on the Fed’s economic outlook and commentary for insights into future monetary policy.
2. European Central Bank (ECB) Policy Update
- The ECB is set to release its latest monetary policy decisions, with markets watching for any signals of rate hikes or stimulus adjustments.
- Eurozone inflation data will be crucial in shaping ECB’s policy direction.
- A dovish stance may weaken the EUR, while a hawkish tone could strengthen it.
3. US GDP Growth Figures
- The release of the latest US GDP growth figures will be a key indicator of economic health.
- Strong GDP growth could support a bullish outlook for the USD.
- Weak growth figures might increase concerns over a potential economic slowdown, affecting market sentiment.
4. China’s Economic Data
- China is set to release important economic indicators, including industrial production and retail sales figures.
- Positive data could boost risk sentiment and support currencies of China’s trade partners, like the AUD and NZD.
- Negative data may increase concerns about global economic growth, impacting commodities and risk-sensitive currencies.
5. Geopolitical Developments
- Ongoing geopolitical tensions, particularly in Eastern Europe and the Middle East, are influencing market stability.
- Traders are closely monitoring developments for any escalation that could affect oil prices and safe-haven currencies like the JPY and CHF.
- Diplomatic resolutions could lead to improved risk sentiment and impact various asset classes.
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Markets await trade deals as Trump makes new tariff threats
Dollar edges higher, gold slips despite confusion and renewed trade tensions. Trump delays tariff deadline to August 1, says trade deals are close. Wall Street hits record after Congress passes Big Beautiful Bill. Oil recovers from lows after OPEC+ hikes output more than expected.
XM Group
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1h 11min ago
Yen Weakens as Japanese Data Sends Mixed Signals
The USD/JPY pair edged higher on Monday, reaching 144.81, as the yen relinquished its earlier gains. The currency faced downward pressure following the release of disappointing wage figures, which dampened expectations for further monetary policy tightening by the Bank of Japan.
RoboForex
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1h 48min ago
EBC Markets Briefing | Trump pits European stocks against Wall St
European shares fell Friday due to declines in banks and mining stocks, as attention shifts to the July deadline for a trade deal with the White House.
EBC Financial Group
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3h 13min ago
Gold Struggles for Direction as Risk Mood Sours | 7th July, 2025
On July 7, gold slips below $3,350 as the USD strengthens and traders take profit amid tariff-related jitters. Silver lingers under $37. EUR/USD and NZD/USD retreat on weak sentiment, while USD/CAD rises above 1.3900 as oil weakens. Markets brace for key data including US CPI and Eurozone retail sales, with Fed speeches also in focus.
Moneta Markets
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5h 44min ago
ATFX Economic Calendar- 2025.07.07~2025.07.11
The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.
ATFX
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6h 59min ago
ATFX Market Outlook 7th July 2025
U.S. dollar weakened against major currencies after President Trump’s landmark tax cut bill was passed, amid mounting pressure on countries to strike trade deals with Washington. As markets brace for the July 9 tariff deadline—targeting countries like Japan that have yet to reach agreements—the dollar index slipped 0.1% to 96.92.
ATFX
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8h 22min ago
Why Silver could be the precious metal of 2025
The gold bar is metallic yellow and slightly behind the silver bar, which is metallic white and positioned in front.
Gold may still be the headline act, but silver’s no longer content playing second fiddle. In 2025, silver isn’t just glittering - it’s surging forward as one of the most exciting metals on the market.
Deriv
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2 days ago
Risk-on sentiment fades as tariffs return to the spotlight
Dollar surrenders gains posted after robust labour market report; Trump celebrates US budget bill approval; scheduled to sign it today; Most Fed members feel more comfortable as July rate cut is priced out; Oil steadies near $66, gold rally retains momentum;
XM Group
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3 days ago
