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EUR/USD is edging lower below the 1.1800 mark during Tuesday’s European session, pressured by a temporary halt in the US Dollar’s recent downtrend. Traders are exercising caution ahead of the Eurozone’s preliminary inflation data and key central bank speeches scheduled for later in the day.

Investor concerns over the US Senate’s struggle to pass President Trump’s tax cuts and spending package—amid internal divisions over its projected $3.3 trillion impact on national debt—are dampening fiscal optimism. These concerns have contributed to renewed pressure on the Greenback, offering some support to the EUR/USD pair.

The Australian Dollar regained ground against the US Dollar on Tuesday, supported by improved risk sentiment following reports that the US may ease its stance on comprehensive reciprocal trade agreements. Top US trade officials are now pursuing phased deals with key partners as they work toward a resolution before the July 9 deadline.

However, the AUD/USD pair faced some pressure after Australia’s S&P Global Manufacturing PMI slipped to 50.6 in June from 51.0 in May. The data revealed that output fell to its lowest level since February, weighed down by sufficient client inventories and subdued market conditions.

EUR/USD ends its winning streak that began on June 18, retreating slightly during Asian hours on Wednesday to trade near 1.1800. The pair pulled back after touching 1.1830 on Tuesday — its highest level since September 2021 — as the US Dollar saw modest gains.

The Euro’s eight-day rally paused after EUR/USD posted marginal losses on Tuesday, despite reaching fresh 2025 highs. The pullback was triggered by a late rebound in the US Dollar, following the Senate’s approval of President Trump’s tax-cut bill and stronger-than-expected US data.

The EUR/USD pair remains under pressure for the second consecutive session, hovering around the 1.1800 mark during Thursday’s Asian trading hours. However, the pair could recover some lost ground as the US Dollar weakens in response to growing speculation that the Federal Reserve may cut interest rates, following disappointing labor market data.
The latest ADP National Employment Report showed that US private-sector payrolls unexpectedly declined by 33,000 in June, marking the first drop in over two years. This follows a downwardly revised gain of 29,000 in May and came in well below market expectations of a 95,000 increase.

AUD/USD remains under pressure below the 0.6600 level during Thursday’s Asian session, weighed by a narrower-than-expected Australian trade surplus in May and a disappointing Chinese Caixin Services PMI for June. Despite these headwinds, further losses appear limited due to broad-based weakness in the US Dollar ahead of the key US Nonfarm Payrolls (NFP) data.
The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Wednesday, partially retracing gains from a strong recovery that had lifted AUD/USD to fresh yearly highs near the 0.6600 threshold earlier in the week.

EUR/USD remains confined to a narrow range around 1.1760 during Friday’s Asian session, reflecting subdued market activity amid the US Independence Day holiday. The pair shows little movement as traders digest the recent US jobs data.

The US Dollar maintains its modest rebound following stronger-than-expected Nonfarm Payrolls (NFP) figures for June, which showed the addition of 147K jobs, surpassing the forecast of 110K. Despite the headline strength, concerns linger beneath the surface, as private sector hiring came in at just 74K—well below the three-month average of 115K—indicating a potential loss of momentum.

AUD/USD remains under pressure, trading below the 0.6600 level during Thursday’s Asian session. The pair is weighed down by a smaller-than-expected Australian Trade Surplus for May and a disappointing Chinese Caixin Services PMI for June. However, further downside is limited by broad-based US Dollar weakness, with traders now turning their attention to the upcoming US Non-Farm Payrolls (NFP) report.

On Wednesday, the Australian Dollar pulled back slightly against the US Dollar, easing from its recent rally that pushed the pair near yearly highs around 0.6600. Despite the retreat, the bullish outlook stays intact, supported by a solid break above the 200-day Simple Moving Average (SMA) around 0.6420.

EUR/USD remains under pressure near 1.1750 during Monday’s European session, weighed down by renewed concerns over a global trade war and lingering tariff uncertainties. I trade at fxopen.com/en These factors have boosted safe-haven demand for the US Dollar, putting downward pressure on the pair. Market participants now turn their attention to upcoming EU data releases and fresh tariff-related developments.

Supporting the US Dollar, a stronger-than-expected US employment report has reinforced expectations that the Federal Reserve will likely delay any policy easing until September. According to the CME FedWatch Tool, the probability of a 25 basis point rate cut in July has dropped sharply to below 5%, down from nearly 25% prior to the jobs data release.

The AUD/USD pair is consolidating recent gains below the 0.6550 mark during early Tuesday trade, as market participants closely follow Reserve Bank of Australia (RBA) Governor Michele Bullock’s press conference. The initial uptick in the Australian Dollar (AUD) followed the RBA’s unexpected decision to leave the Official Cash Rate (OCR) unchanged at 3.85% after its July policy meeting.

Despite the brief rally, the Aussie remains under pressure against the US Dollar (USD), continuing the downside momentum that marked the beginning of the trading week. Risk sentiment turned broadly cautious, putting pressure on risk-sensitive currencies like the AUD. As a result, AUD/USD briefly slipped below the key 0.6500 level, touching multi-day lows near 0.6480.

The EUR/USD pair continues to trade with a bearish tone, hovering near the 1.1750 level during the European session on Monday. Renewed concerns over a potential global trade war and persistent tariff-related uncertainty have boosted demand for the safe-haven US Dollar, exerting downward pressure on the pair. Market participants now shift their attention to upcoming EU economic data and developments on the tariff front.

Meanwhile, a stronger-than-expected US employment report has reinforced expectations that the Federal Reserve is unlikely to cut interest rates before September. This has further supported the Greenback, allowing it to outperform its major peers. According to the CME FedWatch Tool, the probability of a 25-basis-point rate cut in July has sharply declined to below 5%, down from nearly 25% prior to the release of labor market figures.

EUR/USD remains steady above the 1.1700 mark during the European session on Thursday, supported by weakness in the US Dollar amid persistent tariff concerns and broader economic uncertainty. Market focus now shifts to upcoming central bank commentary and mid-tier US data for new directional cues.

On Wednesday, the Euro (EUR) edged slightly lower against the US Dollar (USD), with EUR/USD showing a choppy performance around the 1.1700 zone. After briefly dipping to a two-week low in the 1.1690–1.1680 range, the pair regained traction and closed the session back above the key psychological level of 1.1700.

The Australian Dollar (AUD) extends its winning streak for a third consecutive session on Thursday, buoyed by a cautious tone surrounding the Reserve Bank of Australia’s (RBA) policy outlook. The AUD/USD pair gained momentum earlier this week after the RBA unexpectedly kept the Official Cash Rate (OCR) steady at 3.85%.

RBA Governor Michele Bullock emphasized that inflationary pressures remain, citing persistently high unit labor costs and weak productivity, which may push inflation beyond current projections. Supporting this view, RBA Deputy Governor Andrew Hauser highlighted growing uncertainty in the global economic landscape, noting that recent tariff developments are significantly affecting global growth prospects.

The Australian Dollar (AUD) trades in a narrow range against the US Dollar (USD) on Friday, as market participants remain cautious amid rising global trade tensions. I trade at fxopen.com/en The recent volatility in the AUD/USD pair follows US President Donald Trump's announcement of a 35% tariff on goods imported from Canada, set to take effect on August 1. He also indicated that the European Union would be formally notified of new tariffs "today or tomorrow."

Despite these external pressures, the Australian Dollar found some support after the Reserve Bank of Australia (RBA) unexpectedly kept the Official Cash Rate (OCR) steady at 3.85% earlier this week. RBA Governor Michele Bullock warned that persistent inflation risks, fueled by high unit labor costs and sluggish productivity, could lead inflation to exceed current forecasts. Meanwhile, RBA Deputy Governor Andrew Hauser highlighted growing uncertainty in the global economy, adding that the impact of tariffs could significantly hinder global growth.

EUR/USD continues to struggle below the 1.1700 mark during the European session on Friday, pressured by renewed concerns over EU-US trade relations. I trade at fxopen.com/en Market sentiment took a hit after US President Donald Trump revealed plans to send a formal tariff letter to the European Union later in the day, dampening hopes for a trade agreement. Ongoing demand for the safe-haven US Dollar further weighs on the pair.

On Thursday, the Euro (EUR) slipped to fresh two-week lows around the 1.1660 region against the US Dollar (USD), as investors remained cautious amid growing trade tensions and the potential for further tariff measures.
Meanwhile, the European Central Bank (ECB) lowered its Deposit Facility Rate to 2.00% earlier in June. However, ECB President Christine Lagarde noted that any future policy adjustments would depend on clear signs of weakening external demand, indicating limited appetite for additional rate cuts in the near term.

The Australian Dollar (AUD) trades sideways against the US Dollar (USD) on Friday, as market participants remain cautious amid renewed trade tensions. Volatility in the AUD/USD pair emerged following fresh tariff announcements from U.S. President Donald Trump, who declared a 35% tariff on goods imported from Canada, effective August 1. He also noted that the European Union (EU) would be notified of new tariff rates “today or tomorrow.”

Despite these external pressures, the AUD found some support after the Reserve Bank of Australia (RBA) unexpectedly held the Official Cash Rate (OCR) steady at 3.85% earlier this week. RBA Governor Michele Bullock warned that persistent inflation risks remain, fueled by high unit labor costs and weak productivity—factors that could drive inflation above current projections. Additionally, RBA Deputy Governor Andrew Hauser highlighted ongoing uncertainty in the global economy, adding that the impact of tariffs could significantly hinder global growth.

The EUR/USD pair trades cautiously around 1.1670 during the Asian session on Monday, as the Euro comes under pressure following fresh tariff announcements from the United States. The single currency slightly lags behind its peers after U.S. President Donald Trump imposed a 30% tariff on imports from the European Union, set to take effect on August 1.

After posting modest losses on Thursday, EUR/USD extended its decline on Friday, remaining below the 1.1700 mark. The short-term technical outlook points to growing bearish momentum, limiting any recovery attempts.
The US Dollar (USD) continues to draw strength from a risk-off market sentiment and stronger-than-expected Initial Jobless Claims data, further weighing on the EUR/USD pair.
In addition to the EU tariffs, President Trump also announced a 35% tariff on Canadian imports, also effective August 1. He added that broad-based tariffs ranging from 15% to 20% on most trading partners are under consideration. With regard to EU trade relations, Trump mentioned that the bloc would receive formal notice of the new tariffs "today or tomorrow.

The Australian Dollar (AUD) extended its decline for a second consecutive session on Monday, with AUD/USD retreating to the 0.6540–0.6550 range.
During Tuesday’s Asian session, AUD/USD continues to trade within a narrow band around 0.6550, showing limited reaction to China’s stronger-than-expected Q2 GDP figures. Mixed data on Chinese Retail Sales and Industrial Production, combined with a consolidating US Dollar, are keeping the pair range-bound as markets await the upcoming US CPI release and assess the impact of Trump’s latest tariff threats.
Earlier this month, the Reserve Bank of Australia (RBA) surprised markets by holding its cash rate steady at 3.85%. This decision initially fueled a brief rally in the Aussie, supported by the central bank’s split vote—six members favored keeping rates unchanged, while three advocated for a 25 basis point cut.

The EUR/USD pair remains steady around the 1.1670 mark during Tuesday’s Asian session, trading within a narrow range as investors await new developments in trade talks between the United States and the European Union.

The Euro (EUR) began the week on a bearish note, sliding to a three-week low against the US Dollar (USD). This weakness has kept EUR/USD under pressure for the fourth consecutive day, bringing the pair closer to the 1.1650 support area.

The EUR/USD pair maintains its rebound above the 1.1600 level during Wednesday’s European morning session. I trade at fxopen.com/en The modest appreciation in the pair is largely attributed to a slight pullback in the US Dollar, as traders adopt a cautious stance ahead of the US Producer Price Index (PPI) release scheduled for later in the day.

At the time of writing, the US Dollar Index (DXY), which tracks the greenback’s performance against a basket of six major currencies, is trading around 98.50. Market participants are also awaiting the release of the Federal Reserve’s Beige Book and US Industrial Production data, both due later on Wednesday.
According to the Associated Press, US President Donald Trump is preparing to impose tariffs exceeding 10% on smaller nations, including countries in Africa and the er-than-anticipated inflation figures have renewed concerns that elevated interest rates may persist for an extended period.

EUR/USD extended its decline on Thursday, retreating to fresh multi-week lows near the 1.1550 level, as the US Dollar continued to strengthen amid improving sentiment and solid US economic data.

The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, edged higher and hovered around 98.50 at the time of writing. Market participants are now turning their focus to upcoming US data releases, including June Retail Sales, weekly Initial Jobless Claims, and the Philadelphia Fed Manufacturing Index, all due later in the day.