📰 EURUSD and GBPUSD Weigh Fed Rate Cut Doubts Amid Key Technical Resistance Levels
📅
Jul 18, 2025, 01:52 EDT
| 🔗 Source: Forexlive
🧠 Summary
Fed Governor Waller’s dovish suggestion of a July rate cut caused a slight dollar decline, but market consensus still strongly expects no cut this month. Key technical levels and option expiries may contain EURUSD and GBPUSD movements short term.
💡 Why this signal?
- The EURUSD experienced only a modest gain of 0.19%, reflecting limited market momentum.
- The simultaneous USDOLLAR decline suggests no significant dollar strength to sway EURUSD sharply.
- No strong catalyst or news event was present to drive a notable trend in the currency pair.
📈 EURUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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