📰 EURUSD and GBPUSD Gain as Fed Rate Cut Speculation and Tariff Pressures Weaken Dollar
📅
Jul 18, 2025, 10:44 EDT
| 🔗 Source: ReutersRefinitiv
🧠 Summary
The dollar slipped amid tariff-driven inflation concerns and Fed rate cut speculation; EURUSD and GBPUSD rose modestly despite weekly declines, while USDCAD was not directly impacted. Market focus remains on Fed actions and geopolitical risks, especially relating to trade and elections.
💡 Why this signal?
- Fed Governor Waller's dovish comments and rate cut endorsement signal reduced dollar strength, boosting EUR/USD.
- The pair is testing key near-term resistance levels, supported by large option expiries at 1.1650.
- Technical indicators show weakening dollar momentum, increasing the chance of a near-term EUR/USD rally.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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