Created
: 2025.06.25
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Forex Today: US Dollar stabilizes ahead of housing data, Powell's second day of testimony
World FX news
Breaking news
Forex Today: US Dollar stabilizes ahead of housing data, Powell's second day of testimony
New
2025.06.25 16:56
2025.06.25 16:56
2025.06.25 16:56
Here is what you need to know on Wednesday, June 25:
Financial markets remain relatively quiet early Wednesday following the volatile action seen on Tuesday. In the second half of the day, New Home Sales data for May will be featured in the US economic calendar. Additionally, Federal Reserve (Fed) Chairman Jerome Powell will speak before the Senate Banking Committee in the second day of his testimony.
US Dollar PRICE This week
The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.20% | -1.55% | -0.97% | -0.21% | -1.05% | -1.26% | -1.50% | |
| EUR | 1.20% | -0.38% | 0.30% | 1.01% | 0.11% | -0.05% | -0.34% | |
| GBP | 1.55% | 0.38% | 0.69% | 1.39% | 0.49% | 0.33% | 0.03% | |
| JPY | 0.97% | -0.30% | -0.69% | 0.75% | -0.11% | -0.23% | -0.62% | |
| CAD | 0.21% | -1.01% | -1.39% | -0.75% | -0.80% | -1.05% | -1.35% | |
| AUD | 1.05% | -0.11% | -0.49% | 0.11% | 0.80% | -0.18% | -0.45% | |
| NZD | 1.26% | 0.05% | -0.33% | 0.23% | 1.05% | 0.18% | -0.29% | |
| CHF | 1.50% | 0.34% | -0.03% | 0.62% | 1.35% | 0.45% | 0.29% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
News of Iran and Israel accepting a ceasefire triggered a risk rally on Tuesday and caused the US Dollar (USD) to weaken. During the American trading hours, comments from Chairman Powell helped the USD limit its losses. Powell reiterated that they are not in a rush to cut the policy rate, adding that they need more time to confirm that inflation pressures caused by tariffs will remain contained. After ending the day marginally lower, the USD Index fluctuates in a tight channel at around 98.00 in the European morning on Wednesday.
Meanwhile, US stock index futures trade little changed after Wall Street's main indexes capitalized on risk flows to post strong gains on Tuesday.
EUR/USD rose about only 0.3% on Tuesday as it lost its bullish momentum in the second half of the day. The pair stays in a consolidation phase and moves sideways at around 1.1600 early Wednesday.
GBP/USD extended its rally and touched its highest level in over three years near 1.3650 on Tuesday. Following a short-lasting technical correction, the pair holds steady above 1.3600 in the European morning on Wednesday. While testifying before the Lords Economic Affairs Committee on Tuesday, Bank of England (BoE) Governor Andrew Bailey noted that they are starting to see a softening in the labor market.
USD/JPY dropped to 144.50 and lost nearly 1% on Tuesday. The pair stages a rebound on Wednesday and trades above 145.00.
Gold dropped below $3,300 for the first time in two weeks on Tuesday, pressured by easing geopolitical tensions. XAU/USD corrects higher on Wednesday and trades at around $3,330.
USD/CAD fell below 1.3700 on Tuesday but managed to recover from daily lows to close virtually unchanged. The pair moves sideways near 1.3730 in the European session. Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada reported on Tuesday.
Risk sentiment FAQs
In the world of financial jargon the two widely used terms "risk-on" and "risk off'' refer to the level of risk that investors are willing to stomach during the period referenced. In a "risk-on" market, investors are optimistic about the future and more willing to buy risky assets. In a "risk-off" market investors start to 'play it safe' because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.
Typically, during periods of "risk-on", stock markets will rise, most commodities - except Gold - will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a "risk-off" market, Bonds go up - especially major government Bonds - Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.
The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are "risk-on". This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.
The major currencies that tend to rise during periods of "risk-off" are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world's reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them - even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.
Last updated
: 2025.06.25
Related articles
USD/INR firms near 86.00 as US Dollar stabilizes
2 minutes agoEUR/GBP flattens above 0.8500 while BoE's Bailey warns of UK labor market risks
50 minutes agoJPY soft as hawkish BoJ comms highlight importance of trade talks - Scotiabank
53 minutes agoGBP trading in a tight range around 1.36 - Scotiabank
56 minutes agoEUR consolidates around 1.16 - Scotiabank
58 minutes agoCAD little changed on the day - Scotiabank
2025.06.25 20:25
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/INR firms near 86.00 as US Dollar stabilizes
The Indian Rupee (INR) weakens against the US Dollar (USD) during European trading hours on Wednesday, surrendering early gains as the Greenback steadies.
New
2025.06.25 21:23Gold holds steady as risk sentiment improves, Fed's Powell back in focus
Gold (XAU/USD) is trading within a tight range on Wednesday, as markets continue to show signs of optimism following Tuesday's ceasefire between Israel and Iran.
New
2025.06.25 21:03EUR/GBP flattens above 0.8500 while BoE's Bailey warns of UK labor market risks
The EUR/GBP pair trades flat around 0.8525 during European trading hours on Wednesday. The cross flattens as market experts reassess their expectations for the Bank of England's (BoE) monetary outlook for the remainder of the year amid growing concerns over United Kingdom's (UK) job market.
New
2025.06.25 20:35JPY soft as hawkish BoJ comms highlight importance of trade talks - Scotiabank
The Japanese Yen (JPY) is weak, down 0.5% against the US Dollar (USD) and underperforming all of the G10 currencies in relatively quiet trade overall, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.25 20:33WTI Oil remains depressed below $65.00 on easing supply concerns
Crude Oil is consolidating losses on Wednesday, after having depreciated more than $10 from Monday's highs.
New
2025.06.25 20:31GBP trading in a tight range around 1.36 - Scotiabank
Pound Sterling (GBP) is entering Wednesday's NA session unchanged vs. the US Dollar (USD), consolidating in a tight range around 1.36 and trading just below Tuesday's multiyear high that reached levels last seen in January 2022, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report
New
2025.06.25 20:29EUR consolidates around 1.16 - Scotiabank
The Euro (EUR) is quietly consolidating in a tight range around 1.16, trading just below Tuesday's fresh multi-year high that reached levels last seen in September 2021.
New
2025.06.25 20:27CAD little changed on the day - Scotiabank
The Canadian Dollar (CAD) is little changed on the session. In line with expectations CPI data, reflecting a marginal easing in core pressures, does no move the needle for the BoC policy outlook in the short run, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.25 20:25USD consolidates as geo-political risks recede - Scotiabank
The US Dollar (USD) is a little firmer overall on the day so far but its broader performance only reflects a consolidation in this week's sharp losses.
New
2025.06.25 20:23Gold Price Forecast: XAU/USD stays below 20-day EMA on broader risk-on rally
Gold price (XAU/USD) consolidates around $3,325 during European trading hours on Wednesday.
New
2025.06.25 19:54Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
