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Chart the Market (02/07/2025)

EURUSD, H4: EUR/USD has pushed higher for a sixth consecutive session, edging toward the key resistance level of 1.1839. The rally follows a clean breakout above 1.1690 support-turned-resistance, supported by a clear series of higher highs and higher lows that reflect a solid short-term uptrend. Price action suggests buyers remain in control—but whether momentum canContinue Reading
Trade Tensions Return | Gold Recovers | Powell Speech Ahead

Written on July 1, 2025 at 7:51 am
Categories: Market In Minutes
Tags: Gold, Trump Tariffs, U.S.-Japan Trade Talk
Euro Rallies on Fed Cut Bets and Trade Optimism

Key Takeaways: *EUR climbed as dollar weakens on rising Fed rate cut bets *U.S.-EU trade deal optimism lifts eurozone outlook, boosts risk appetite *ECB seen cutting by year-end, but mixed data tempers near-term dovish shift Market Summary: The euro continued to climb toward multi-year highs, buoyed by a confluence of dollar softness and improving transatlanticContinue Reading
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