Monthly Archives: July 2025
XAU/USD displays a bearish trend, with $3,345 expected to support bullish movements amidst a weaker US dollar
Written on July 30, 2025 at 2:46 pm, by
Gold shows corrective recovery; bearish flag targets $3,245. Resistance at $3,360; softer Dollar supports bounce.
US employment in July rose by 104K, surpassing expectations, indicating a robust labour market resilience
Written on July 30, 2025 at 2:27 pm, by
ADP reports 104,000 job gains in July; wage growth steady, labor market shows continued strength.
European markets displayed a cautious atmosphere as significant events loomed ahead. Economic data varied across nations.
Written on July 30, 2025 at 2:26 pm, by
European markets steady as GDP data mixed, US futures await tech earnings, and Fed meeting looms.
Despite positive data, the Euro remains cautious as per Scotiabank’s strategists Osborne and Theoret
Written on July 30, 2025 at 2:18 pm, by
Euro weak despite strong Eurozone data; bearish trend persists as technical indicators and yield spreads weigh.
Against the US Dollar, the Pound Sterling hovers around 1.3350 as investors anticipate the Fed’s announcement
Written on July 30, 2025 at 2:17 pm, by
Traders await Fed decision; Pound steady near 1.3350 as BoE rate cut expectations gain momentum.
The August trade deadline remains fixed, while trade agreements provide some relief yet pose future concerns
Written on July 30, 2025 at 1:56 pm, by
Trump affirms August 1 deadline as firm; trade deals offer limited relief, tensions likely to continue.
Today’s Fed meeting focuses on future policy decisions, as differing viewpoints emerge among members
Written on July 30, 2025 at 1:27 pm, by
Fed likely holds rates steady amid Trump pressure; September outlook, inflation, and independence concerns loom.
Earnings reports from Microsoft and Meta will centre on AI, influencing future revenue and capital expenditure
Written on July 30, 2025 at 1:26 pm, by
Microsoft and Meta focus on AI-driven growth, with high capex and monetisation strategies shaping future earnings.
Mortgage applications in the US decreased, showing inverse correlation with mortgage rates and prior indices.
Written on July 30, 2025 at 12:57 pm, by
US MBA mortgage applications fell 3.8%, with both purchase and refinance indexes posting notable declines.
USDCAD remains rangebound while awaiting developments from the BoC and FOMC meetings for direction
Written on July 30, 2025 at 12:56 pm, by
USDCAD nears key level as markets await BoC, FOMC decisions; bullish momentum builds amid uncertainty.
