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11

Jul 2025
The GBPUSD has declined due to poor UK data, US dollar strength, and global growth concerns

GBPUSD weakens on UK data, strong dollar; technical levels suggest pivotal support at 1.3495, resistance at 1.3529.

11

Jul 2025
Commerzbank’s Carsten Fritsch observes that Gold ETFs experienced their highest inflows since 2020 this year

Gold ETFs surged by 397 tons amid trade policy uncertainty, boosting prices before fluctuating later.

11

Jul 2025
Trump’s impending tariff letter to Von Der Leyen has traders closely monitoring the euro’s response

Trump’s expected tariff letter to Von Der Leyen may impact the euro, though reactions could vary.

11

Jul 2025
According to Commerzbank, oil production by OPEC+ will remain unchanged after September, Bloomberg reports

OPEC+ to raise output by 550,000 barrels in September; market uncertainty tempers future decisions.

11

Jul 2025
After strong Canadian employment data, USDCAD decreased but subsequently recovered near support level

Canada’s job market surged in June, lowering unemployment and strengthening the loonie; wages declined slightly.

11

Jul 2025
Building permits in Canada saw a rise, mainly due to a significant hospital project in Ontario

Canadian building permits surged 12% in May, driven by Ontario’s hospital project and British Columbia housing.

11

Jul 2025
The USD strengthens as inflation risks rise, impacting the GBP, EUR, JPY, and US stocks

USD strengthens broadly; GBP falls on weak UK data; tariffs unsettle markets; Fed, ECB cautious on policy.

11

Jul 2025
The AUDUSD challenges its upper trendline as attention shifts towards upcoming US CPI data and dynamics

USD stable as traders assess rate cuts; CPI report key for future moves; AUD eyes RBA and CPI.

11

Jul 2025
EU’s Kallas stated no conclusions reached in US tariff discussions, emphasising a desire to avoid conflict

EU seeks to avoid trade war with US, focusing on negotiations amid expected 10% tariff rate.

11

Jul 2025
Investors remain cautious over tariffs announced by Trump, jeopardising recent market gains and sentiment

Market sentiment turns defensive as new tariffs spark uncertainty; S&P 500 futures dip amid trade tensions.

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