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News2025-07-08
The euro loses momentum and may retest 0.8600
In a risk-averse market, the pound outperforms the euro as investors await more clear information on the scale and implementation date of the U.S. tariffs. Euro trading fell, approaching an important support area of 0.8600. Earlier on Monday, German industri...

News2025-07-08
GBP/USD remains above key levels despite interest rate divergence and trade war
During the North American period, the pound has barely changed, but is still above a key technology level, after the US released a strong employment report. Coupled with the possibility of a further tax increase in the UK government put pressure on the pound/d...

News2025-07-08
Euro/yen rises on hopes of EU-US trade deal as Trump announces 25% tariffs on Ja
The euro (EUR) strengthened against the Japanese yen (JPY) as investors turned their focus to trade negotiations on Wednesday‘s tariff deadline. The yen is under pressure after U.S. President Trump announced a 25% tariff on all imports from Japan. Currently, e...

News2025-07-08
Gold remains stable as Trump tariffs hit markets, Fed meeting minutes become foc
Gold prices recorded a slight loss on Monday as concerns about a possible recovery in the trade war came after U.S. President Trump announced the first batch of trade letters sent to South Korea and Japan on social media, establishing tariffs on goods and prod...

News2025-07-08
USD/Yen soars as Trump's tariff threat to Japan and increased demand for the dol
The US dollar/JPY breaks through 146.00 amid the escalating U.S.-Japan trade tensions and rising U.S. yields. The US dollar (USD) gained momentum in the face of safe-haven yen (JPY) on Monday, driven by rising Treasury yields and intensified trade hostility be...

News2025-07-08
Australian dollar/USD performs weaker as Reserve Bank rate cut expectations and
The Australian dollar/USD continued its decline on Monday, falling more than 0.87% intraday, and was traded around 0.6487 at press time. Risk sentiment worsens before the U.S. tariff deadline as markets currently expect the Reserve Bank of Australia (RBA) to c...

News2025-07-08
The market has taken into account the RBA's continuous rate cuts
The U.S. dollar index (DXY) rose to an eight-day high near 97.70, amid rising U.S. yields on the curve, amid a cautious backdrop of keeping caution ahead of the July 9 tariff deadline. There will be an NFIB Business Optimism Index on the calendar, followed by ...

News2025-07-08
Euro/USD falls sharply as Trump sparks new trade war concerns
During North American times, the euro/dollar experienced risk aversion sentiment due to the escalation of the trade war, which fell sharply on Monday, and U.S. President Trump began sending letters to some countries on tariffs. This has caused the dollar to st...

News2025-07-08
Gold stages a V-counter-counter! Popular candidates for Fed chairman openly call
On July 8, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 97.32. On Monday, the U.S. President Trump announced that he would impose new tariffs on a series of countries including Japan and South Korea on Augus...

News2025-07-08
Guide to short-term operation of major currencies on July 8
From a technical point of view, the US dollar index rose below 97.70 on Monday and the decline above 96.85 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 97.00 today and sta...

News2025-07-08
7.8 Analysis of the latest market trends of gold and crude oil surge and today's
The same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market‘s r...

News2025-07-08
The dollar consolidates around 97 Trump imposes 25% tariffs on Japan and South K
In the Asian session on Tuesday, the dollar index hovered around 97, and the dollar rose sharply against other major currencies on Monday after U.S. President Trump announced that he would impose new tariffs on a range of countries including Japan and South Ko...

News2025-07-08
The tariff stick is upgraded again, and gold and silver hit the bottom to make t
Yesterday, the gold market fluctuated in a large range. After the opening in the morning, gold first pulled up and gave the daily high point of 3342.7, and then the market fell strongly. The daily line was at the lowest point of 3296.1. The market was affected...

News2025-07-08
A collection of positive and negative news that affects the foreign exchange mar
In the complex chess game in the foreign exchange market, all kinds of news are like the settlement of chess pieces, always controlling the exchange rate trend and investors‘ decisions. On July 8, many important news came one after another. The following is a ...

News2025-07-08
Risk aversion sentiment has risen again to support gold prices, Trump increases
Basic news on Tuesday (July 8, Beijing time), spot gold trading was around $3,337.44 per ounce. Trump not only extended the so-called "reciprocal tariff" suspension period, but also postponed the implementation time from July 9 to August 1. Moreover, the incre...
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