Bank highlights a new medium-term target for GBP/USD at 1.3465, citing easing US inflation, dovish Fed signals, and improving UK economic data. As the Fed shifts toward rate cuts while the BoE remains cautious, the narrowing rate gap supports sterling strength against the dollar. Traders are watching closely as technicals align with fundamentals to push Cable higher.
Gold prices edged higher during the July 11, 2025 evening session, maintaining momentum within an established ascending channel. With the 50-day EMA providing strong support near $2,375 and RSI around 65, bullish sentiment prevails. Key resistance stands at $2,430; a confirmed break could target $2,455 and beyond. Watch support levels at $2,390 and $2,375 for possible pullbacks. Overall, technical indicators favor continued upside in the near term. #Gold #TechnicalAnalysis
RBC Capital Markets forecasts the US Dollar will weaken further against the Japanese Yen, targeting a medium-term USD/JPY rate of 133. Key drivers include the Fed nearing the end of rate hikes and the Bank of Japan cautiously tightening policy. Stay tuned for market shifts impacting traders and investors.
Read more: exchangerates.org.uk/news/43522/2025-07-13-us-dollar-to-yen-forecast-usd-has-further-to-fall-mediumterm-at-133-say-rbc.html
Renewed tariff threats from former President Trump have stirred fresh trade fears, pushing USD/CAD higher amid rising market uncertainty. As Canada and the U.S. remain closely linked through trade agreements, any escalation risks impacting the Canadian dollar, especially with oil prices softening and central bank policies diverging. Investors will closely watch upcoming economic data and geopolitical developments to gauge the pair’s direction. All credit to Yohay Elam of Forex Crunch for the detailed analysis.
EUR/USD tumbled below 1.1700 amid escalating tariff concerns as the US considers higher tariffs on Chinese goods and threatens EU imports. The US dollar surged to a two-week high, driven by safe-haven demand amid rising trade tensions and subdued Eurozone data. Investors remain cautious as global trade disputes weigh on forex markets.
GBP/USD traders are now eyeing 1.3465 as a key technical target amid shifting market sentiment. With cautious BoE policies and a data-dependent Fed, sterling’s near-term outlook balances on evolving growth and inflation signals. Full analysis by Currency News UK market analysts. currencynews.co.uk
Explore the intricacies of the Forex market as Mati Greenspan breaks down recent currency movements, central bank interventions, and Japan’s evolving monetary policy. Understand how global events and economic indicators shape currency pairs and investor sentiment in this comprehensive analysis on eToro.
RBC forecasts a medium-term decline in USD/JPY to 133, driven by slowing US rate hikes, BoJ’s gradual policy normalization, and an overvalued dollar. As Fed and BoJ paths diverge, expect increased volatility and bearish pressure on the USD against the yen. #Forex #USDJPY
USD/CAD surged to a two-month high amid renewed trade tensions sparked by Trump’s proposed tariffs on imports, including a 60% levy on Chinese goods. With the Fed maintaining hawkish signals and the Bank of Canada leaning toward easing, plus falling crude prices pressuring the loonie, markets favor the U.S. dollar as a safe haven. Expect volatility to persist as geopolitical risks dominate.
EUR/USD slipped below 1.1700 as escalating US-China trade tariff concerns bolstered demand for the US dollar. Investors are turning to the greenback amid growing uncertainty, with safe-haven flows pushing the dollar index to a two-week high. Technical indicators suggest bearish momentum ahead.
