During the week of July 6th to 12th, 2025, major Forex pairs such as EUR/USD, GBP/USD, and USD/JPY experienced notable fluctuations driven by economic data releases and shifting market sentiment. EUR/USD faced resistance near the 1.0900 level after a rebound, with traders awaiting key inflation data from the Eurozone. Meanwhile, GBP/USD showed strength, climbing toward the 1.2850 region on the back of improved UK economic outlook and softer U.S. labor data, which pressured the U.S. dollar.
USD/JPY remained volatile, hovering around the 161.00 level, as uncertainty surrounding the Bank of Japan’s monetary policy and global risk sentiment influenced price action. Technical indicators signaled potential pullbacks for the U.S. dollar across several pairs, with traders closely monitoring upcoming economic releases for directional cues. Overall, market participants remained cautious ahead of key central bank moves and inflation figures, which will likely shape currency trends in the coming weeks.
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