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EUR/USD slumps as Trump sparks fresh trade-war fears
EUR/USD tumbled on Monday during the North American session amid a risk-off impulse, courtesy of an escalation in the trade war, as US President Donald Trump began sending letters with tariffs imposed on some countries.
Forex Today: A back-to-back rate cut by the RBA is priced in
As investors remained wary over trade tensions following President Trump's announcement of tariffs on Japan and South Korea, the Greenback gained momentum, rising to multi-day highs and sparking a generalised strong correction in the risk-associated space on Monday.
AUD/USD falters as RBA rate cut expectations and fading momentum weigh
AUD/USD extended losses on Monday, falling over 0.87% on the day to trade near 0.6487 at the time of writing.
Canadian Dollar tumbles after fresh Greenback strength
The Canadian Dollar (CAD) fell back on Monday, catching a fresh bout of risk aversion as investors stepped back into the safe haven US Dollar (USD).
USD/JPY surges on Trump's tariff threats on Japan and increased demand for US Dollar
USD/JPY surges past 146.00 as trade tensions between the US and Japan escalate and US yields rise.
Gold steadies as Trump tariff blitz jolts markets, Fed Minutes in focus
Gold price registers minimal losses on Monday as worries about the resumption of a possible trade war increase, following US President Donald Trump's announcement on his social media platforms of the first trade letters sent to South Korea and Japan, which establish duties on goods and products.
EUR/USD declines after Trump targets Japan and South Korea with new tariffs
The Euro (EUR) remains under pressure on Monday, after briefly dipping below the 1.1700 mark against the US Dollar (USD), following the publication of official tariff letters by US President Donald Trump on Truth Social.
Dow Jones Industrial Average falls as Trump delays tariffs again, issues new threats
The Dow Jones Industrial Average (DJIA) sank on Monday, falling back below key technical levels.
EUR/JPY rises on EU-US trade deal hopes as Trump announces 25% tariffs on Japan
The Euro (EUR) is strengthening against the Japanese Yen (JPY) as investors shift focus to trade talks ahead of the Wednesday tariff deadline.
EUR/CHF rangebound amid diverging ECB and SNB policies
The Euro (EUR) struggles to gain traction against the Swiss Franc (CHF) on Monday, with EUR/CHF hovering around the 0.9350 level amid diverging monetary policies from the European Central Bank (ECB) and the Swiss National Bank (SNB), coupled with persistent safe-haven demand for the Swiss Franc.
GBP/USD holds above key level, despite rate divergene and trade war jitters
The Pound Sterling is virtually unchanged during the North American session, yet it remains above a key technical level, following a solid US jobs report in the United States (US). This, along with the likelihood of further tax hikes by the UK government, is exerting pressure on Cable.
EUR/USD dips as Fed rate cut bets fade and tariff deadline nears
The Euro (EUR) is falling against the US Dollar (USD) at the start of the American session, with EUR/USD testing 1.7360 at the time of writing.
NZD/USD declines for third day on risk aversion ahead of RBNZ rate decision
The New Zealand Dollar (NZD) extends its losing streak against the US Dollar (USD) for the third consecutive day on Monday, with the NZD/USD trading near 0.6005, down nearly 0.90% on the day.
AUD/USD declines as market braces for RBA rate cut amid rising trade tensions
The Australian Dollar (AUD) weakens further against the US Dollar (USD) on Monday, marking its third consecutive daily decline, as investors grow increasingly confident the Reserve Bank of Australia (RBA) will deliver another rate cut at Tuesday's meeting.
Silver slides as a rebound in yields supports a stronger US Dollar
Silver bulls are suffering losses Monday as the strong US Dollar and rising US yields reduce demand for precious metals.
US Treasury Sec. Bessent: Will have several trade announcements in next 48 hours
US Treasury Secretary Scott Bessent told CNBC on Monday that they are going to have several trade announcements in the next 48 hours.
US Dollar recovers as market braces for tariff impact
The US Dollar (USD) kicks off the week on a firmer footing against its major peers, underpinned by safe-haven demand and reduced odds of near-term Federal Reserve (Fed) interest rate cuts.
EUR/GBP Price Forecast: Euro has lost steam and is likely to retest 0.8600
The Pound is faring better than the Euro in a risk-averse market, as investors await more clarity about the size of the US tariffs and the date of their introduction.
Gold slips as the US Dollar gains on hawkish Fed and trade optimism
Gold (XAU/USD) is currently under pressure as markets await more news of trade deals ahead of Wednesday's tariff deadline.
Dow futures drops as US trade uncertainty hurts risk appetite
Dow Futures face a slight selling pressure ahead of opening on Monday after a holiday-stretched weekend. Unites States (US) equities trade lower in a risk-off market sentiment amid uncertainty surrounding the global trade in the countdown to the expire of 90-day tariff pause on July 9.
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