📰 EURUSD & GBPUSD Rally on Tariff Concerns and Japan Election; USDCAD Dips Amid Dollar Weakness

📅 Jul 21, 2025, 16:21 EDT | 🔗 Source: ReutersRefinitiv

🧠 Summary

Yen strengthens as Japan’s ruling coalition loses majority, partly priced in by markets. Euro and sterling rise against dollar amid tariff fears and ECB-Fed meetings. Dollar weakens on rate cut concerns. USDCAD drops slightly due to dollar softness and tariff uncertainties.

💡 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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