Forex Analysis

EUR/USD gains as Fed's Waller supports July rate cut, US sentiment improves

The EUYR/USD finished Friday’s session with gains of over 0.26% amid a weaker US Dollar, following dovish comments by Fed Governor Christopher Waller, which weighed on US Treasury yields.

July 18, 2025 at 10:11:19 PM

Silver Price Forecast: XAG/USD consolidates below multi-year highs

Silver (XAG/USD) is treading water on Friday, with spot prices hovering near $38.25 after marking a fresh 14-year high of $39.13 earlier this week.

July 18, 2025 at 06:46:17 PM

Dow Jones climbs on upbeat consumer mood, shrugs off weak earnings

The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly highs on consumer sentiment and inflation expectations data. However, the Dow backslid after earnings misses in key overweight companies dragged the index sharply lower to round out the trading week.

July 18, 2025 at 06:16:41 PM

NZD/USD rises as markets brace for New Zealand CPI and weigh potential Fed dovish tilt

The New Zealand Dollar (NZD) is strengthening against the US Dollar (USD) on Friday as investors reposition expectations of US interest rates and look ahead to New Zealand's upcoming inflation data.

July 18, 2025 at 06:13:54 PM

USD/JPY at critical juncture with Japan's political risk and monetary policy in focus

The Japanese Yen (JPY) is trading in a narrow range against the US Dollar on Friday, with monetary policy and political factors influencing the pair.

July 18, 2025 at 04:33:10 PM

Australian Dollar rebounds as US Dollar softens

The Australian Dollar (AUD) is recovering lost ground on Friday after a sharp sell-off on Thursday, which was fueled by weaker-than-expected jobs data. The rebound is supported by a softer US Dollar and a rise in Australia’s 10-year government bond yield, which is easing pressure on the Aussie.

July 18, 2025 at 04:20:41 PM

GBP loses ground to EUR amid growth concerns – Rabobank

The Pound Sterling’s (GBP) struggle to keep pace with the Euro (EUR) this year reflects a shift in market optimism in favour of Germany and the Eurozone. Chancellor Reeves will no doubt be joining businesses in celebrating if the BoE do lower rates again in August.

July 18, 2025 at 04:00:11 PM

USD/CAD pressured as Fed Waller's dovish stance impacts US Dollar

The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) on Friday as markets focus on dovish comments from Fed Governor Waller.

July 18, 2025 at 03:26:58 PM

GBP/USD edges higher as UK jobs data eases BoE pressure, Fed doves resurface

GBP/USD rises on Friday during the North American session, up by 0.21% amid a scarce economic docket on both sides of the Atlantic. Soft data announced in the United States (US) slightly boosted the Greenback, though the pair trades at 1.3442 after hitting a daily low of 1.3406.

July 18, 2025 at 03:26:20 PM

Inflation and COLA: How they affect your IRA

Every autumn, American retirees eagerly await the announcement of the Cost-of-Living Adjustment (COLA), the annual adjustment designed to preserve their purchasing power in the face of inflation.

July 18, 2025 at 02:31:53 PM

US UoM Consumer Sentiment Index improves to 61.8 in July vs. 61.5 expected

Consumer confidence in the United States (US) improved in July, with the University of Michigan's (UoM) preliminary Consumer Sentiment Index rising to 61.8 from 60.7 in June. This reading came in better than the market expectation of 61.5.

July 18, 2025 at 02:06:33 PM

DXY: Signs of exhaustion – OCBC

US Dollar (USD) was a touch softer this morning on comments from Fed’s Waller. DXY was last at 98.37 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

July 18, 2025 at 10:42:49 AM

USD/JPY: Upper house election Sunday – OCBC

Recent polls by Nikkei, Kyodo, Asahi shows LDP-Komeito coalition is at risk of losing Upper House election. USD/JPY last seen at 148.58, OCBC's FX analysts Frances Cheung and Christopher Wong note.

July 18, 2025 at 10:28:09 AM

US Gas stable on expected storage build – ING

US natural Gas prices held steady after EIA data showed a storage build in line with expectations, while European prices slipped as Norwegian supply disruptions eased.

July 18, 2025 at 10:22:36 AM

Silver Price Forecast: XAG/USD rallies to $38.40 favoured by a softer US Dollar

Silver (XAG/USD) is rallying for the third consecutive day on Friday, with bulls testing July 15 highs of 38.40 at the time of writing, as the US Dollar falls alongside US Treasury yields amid higher risk appetite.Corporate earnings reports from Netflix, the Chipmaker TSMC, PepsiCo, and United Airli

July 18, 2025 at 09:55:33 AM

JPY: Sunday’s vote could send USD/JPY above 150 – ING

Japan’s upper house election on Sunday has turned into a pivotal event for JGBs and the Japanese Yen (JPY), ING’s FX analyst Francesco Pesole notes.

July 18, 2025 at 09:54:52 AM

AUD/USD: Pullback found support at 50DMA – OCBC

Australian Dollar (AUD) managed to claw back earlier losses as USD backpedalled on comments from Fed’s Waller. AUD was last at 0.6518, OCBC's FX analysts Frances Cheung and Christopher Wong note.

July 18, 2025 at 09:51:55 AM

EUR/USD: Likely to trade in a sideways range of 1.1585/1.1655 – UOB Group

Slowing momentum suggests that instead of continuing to weaken, Euro (EUR) is more likely to trade in a sideways range of 1.1585/1.1655 against US Dollars (USD).

July 18, 2025 at 09:48:45 AM