📰 EURUSD Gains as U.S. Dollar Weakens Amid Mixed Economic Data and Earnings Outlook

📅 Jul 18, 2025, 12:16 EDT | 🔗 Source: Reuters

🧠 Summary

EURUSD rose 0.51% amid a weaker U.S. dollar as investors digested mixed U.S. economic data and awaited key corporate earnings next week, supporting a moderately bullish outlook for the euro against the dollar in the short term.

💡 Why this signal?

  • The prospect of a 25bps Fed rate cut in July due to weakening labor market conditions is a key driver for dollar weakness, benefiting EURUSD and GBPUSD.
  • Fed's Waller signaling easing before further job losses tempers market fears, encouraging risk appetite and strengthening major foreign currencies versus the USD.
  • Upcoming US housing data and sentiment indexes add to volatility, making dollar pairs sensitive to short-term fundamental shifts ahead of the FOMC decision.

📈 EURUSD Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact

No competitors impacted.

🔒 Log in to view AI-generated advisor insights for EURUSD. Login