Dollar Rebound Gains Momentum as Trade Talks Still in Focus
Posted 25 July 2025Dollar is staging a firm rebound heading into Friday’s New York session, reversing most of the earlier weekly losses. While durable goods orders for June came in better than expected, markets largely dismissed the data, recognizing that recent swings in transportation orders are tied more to tariff-driven volatility than to underlying demand. Instead, the greenback’s […]
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Shifting ECB Cut Expectations Supports Euro; Trump Tones Down Powell Threat
Posted 25 July 2025Euro strengthened notably against Sterling and Swiss Franc as expectations for a September rate cut from the ECB began to fade. Some analysts now see October as a more likely timing, after President Christine Lagarde maintained an optimistic outlook during her post-decision press conference yesterday. Lagarde emphasized that June’s baseline forecasts remain valid, even amid […]
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