📰 EURUSD and USDCAD Gain While GBPUSD Dips Ahead of Fed and ECB Speeches

📅 Jul 22, 2025, 07:51 EDT | 🔗 Source: MT Newswires

🧠 Summary

The US dollar showed mixed moves early Tuesday, gaining against GBP and JPY but weakening versus EUR and CAD, ahead of US Fed speeches and multiple economic reports, with no expected ECB or BoC rate changes this week.

💡 Why this signal?

  • The euro strengthened against the dollar due to the dollar's weakness from a stronger yen following Japanese election results.
  • Persistent trade tensions with an August 1 tariff deadline create uncertainty but positive earnings reports support euro and risk appetite.
  • Softer U.S. Treasury yields reduce dollar demand, benefiting EURUSD in the near term.

📈 EURUSD Price Trend

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

No competitors impacted.

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