📰 EURUSD Dips on EU Budget Disputes and Fed Rate Cut Outlook Revision
📅
Jul 18, 2025, 04:16 EDT
| 🔗 Source: Dow Jones Newswires
🧠 Summary
The EU Commission's budget proposal faces resistance, with Germany rejecting expansion plans. Near-term, EURUSD is pressured by U.S. Fed rate outlook revisions, likely declining to $1.150 as markets discount fewer rate cuts this September, despite a recent minor uptick to $1.1623.
💡 Why this signal?
- EURUSD's drop reflects strengthening US dollar momentum, pressuring the Euro against the greenback.
- The US Dollar Index posted gains, indicating broad dollar demand that weighs on EURUSD.
- Market sentiment favors the dollar, likely limiting EURUSD's upside in the immediate trading sessions.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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