📰 EURUSD Edges Up on Strong US Data Amid Geopolitical Risks and Mixed Dollar Sentiment
📅
Jul 18, 2025, 07:42 EDT
| 🔗 Source: ReutersRefinitiv
🧠 Summary
Strong U.S. economic data and stable corporate earnings support bullish sentiment, while geopolitical risks and Japan's election add uncertainty. EURUSD may benefit modestly as the dollar faces mixed pressures, suggesting cautious optimism in the near term.
💡 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.
🔒 Log in to view AI-generated advisor insights for EURUSD.
Login