Created
: 2025.07.28
- 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: Risk flows dominate markets ahead of key events
World FX news
Breaking news
Forex Today: Risk flows dominate markets ahead of key events
2025.07.28 17:00
2025.07.28 17:00
Here is what you need to know on Monday, July 28:
Markets turn risk -positive to begin the new week as investors cheers news of a trade deal between the United States (US) and the European Union (EU). The economic calendar will not offer any high-tier data on Monday but the second half of the week will feature key central bank meeting meetings and critical releases.
US Dollar PRICE Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.70% | 0.16% | 0.39% | 0.22% | 0.79% | 0.67% | 0.20% | |
| EUR | -0.70% | -0.57% | -0.28% | -0.48% | 0.09% | -0.02% | -0.50% | |
| GBP | -0.16% | 0.57% | 0.10% | 0.08% | 0.67% | 0.55% | 0.07% | |
| JPY | -0.39% | 0.28% | -0.10% | -0.16% | 0.35% | 0.27% | -0.05% | |
| CAD | -0.22% | 0.48% | -0.08% | 0.16% | 0.54% | 0.46% | -0.02% | |
| AUD | -0.79% | -0.09% | -0.67% | -0.35% | -0.54% | -0.12% | -0.59% | |
| NZD | -0.67% | 0.02% | -0.55% | -0.27% | -0.46% | 0.12% | -0.47% | |
| CHF | -0.20% | 0.50% | -0.07% | 0.05% | 0.02% | 0.59% | 0.47% |
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).
The EU and the US have agreed on a framework trade deal that sets a blanket 15% tariffs on goods traded between them. European Commission President Ursula von der Leyen said on Sunday that the bloc agreed not to impose retaliatory tariffs and pledged $600 billion in investment in the US on top of existing expenditures. US stock index futures rise between 0.3% and 0.5% in the European session on Monday and the US Dollar (USD) Index stays in positive territory at around 98.00. In the meantime, the South China Morning Post (SCMP) reported on Sunday that the US and China are expected to extend their tariff truce by another three months. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet in Stockholm on Monday.
On Wednesday, the US Bureau of Economic Analysis will publish the first estimate of the Gross Domestic Product (GDP) growth for the second quarter before the Federal Reserve announces policy decisions later in the day.
EUR/USD stays under strong bearish pressure on Monday and trades deep in negative territory below 1.1700.
After posting large losses to wrap up the previous week, GBP/USD stays on the back foot early Monday and declines toward 1.3400.
Gold struggles to find demand as a safe haven on Monday and trades in a tight channel below $3,350 in the early European session.
USD/JPY preserves its bullish momentum and trades at a fresh weekly high above 148.00 early Monday.
After rising about 0.5% on Friday, USD/CAD continues to stretch higher and advances toward 1.3750 in the European morning.
AUD/USD declines sharply on Monday and trades below 0.6550, pressured by the broad-based USD strength.
Tariffs FAQs
Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to help local producers and manufacturers be more competitive in the market by providing a price advantage over similar goods that can be imported. Tariffs are widely used as tools of protectionism, along with trade barriers and import quotas.
Although tariffs and taxes both generate government revenue to fund public goods and services, they have several distinctions. Tariffs are prepaid at the port of entry, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and businesses, while tariffs are paid by importers.
There are two schools of thought among economists regarding the usage of tariffs. While some argue that tariffs are necessary to protect domestic industries and address trade imbalances, others see them as a harmful tool that could potentially drive prices higher over the long term and lead to a damaging trade war by encouraging tit-for-tat tariffs.
During the run-up to the presidential election in November 2024, Donald Trump made it clear that he intends to use tariffs to support the US economy and American producers. In 2024, Mexico, China and Canada accounted for 42% of total US imports. In this period, Mexico stood out as the top exporter with $466.6 billion, according to the US Census Bureau. Hence, Trump wants to focus on these three nations when imposing tariffs. He also plans to use the revenue generated through tariffs to lower personal income taxes.
Last updated
: 2025.07.28
Related articles
GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges
2025.08.21 00:22EUR/USD steadies as Trump targets Fed's Cook, markets await FOMC Minutes
2025.08.21 00:17South Korea: BoK likely to stay on hold - Standard Chartered
2025.08.20 23:47Canadian Dollar steadies as Fed Minutes and political tensions weigh on Greenback
2025.08.20 23:16Fed Minutes to offer clues on rate cut possibility amid uncertain tariff landscape
2025.08.20 22:15US President Trump calls on Fed Governor Cook to resign
2025.08.20 21:56
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
Silver Price Forecast: XAG/USD rebounds from two-week low, Fed Minutes in focus
Silver (XAG/USD) stages a sharp recovery on Wednesday, snapping a four-day losing streak after sliding to its lowest level in over two weeks, since August 4.
New
2025.08.21 01:08GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges
GBP/USD tumbles during the North American session with traders shrugging off high inflation in the UK as the White House pressures Fed Governor Lisa Cook to step aside from the board. The pair trades at 1.3469, down 0.15%.
New
2025.08.21 00:22EUR/USD steadies as Trump targets Fed's Cook, markets await FOMC Minutes
The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, snapping a two-day losing streak, as the Greenback comes under pressure following renewed political tension surrounding the Federal Reserve (Fed).
New
2025.08.21 00:17South Korea: BoK likely to stay on hold - Standard Chartered
BoK to hold the rate but it will be a close call for a cut. KTBs have been range-bound lately; a BoK terminal rate of c.2.15% is priced in for this cycle. KTB demand/supply dynamics are less favourable in the long end; CD seasonality turns negative.
New
2025.08.20 23:47Canadian Dollar steadies as Fed Minutes and political tensions weigh on Greenback
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Wednesday, as political pressure on the Federal Reserve (Fed) drags the Greenback lower.
New
2025.08.20 23:16Fed Minutes to offer clues on rate cut possibility amid uncertain tariff landscape
The Minutes of the United States (US) Federal Reserve's (Fed) July 29-30 monetary policy meeting will be published on Wednesday at 18:00 GMT.
New
2025.08.20 22:15US President Trump calls on Fed Governor Cook to resign
In a post published on Truth Social on Wednesday, United States (US) President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, providing a link to a Bloomberg article that is titled "Trump Ally Calls on Bondi to Probe Fed's Cook Over Mortgages." "The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a series of moves by the Trump administration to increase legal
New
2025.08.20 21:56WTI Crude Oil range-bound as peace talks ease risks but supply concerns linger
West Texas Intermediate (WTI) Crude Oil is trading with a slightly firmer tone on Tuesday, trading near $62.40 per barrel, as traders reacted to signs of progress in peace talks between Russia and Ukraine.
New
2025.08.20 21:47Gold recovers as US Dollar softens, markets eye Fed Minutes for policy clues
Gold (XAU/USD) is attempting a cautious rebound on Wednesday, trading around $3,330 during the European session after briefly falling to a three-week low of $3,311 in early Asian trade.
New
2025.08.20 20:56Silver Price Forecast: XAG/USD slides to near $37 ahead of FOMC minutes, Jackson Hole Symposium
Silver price (XAG/USD) trades 0.6% lower to near $37.00 during the European trading session on Wednesday.
New
2025.08.20 20:47Disclaimer:
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
