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AI-Enhanced Forex News Archive

Professional trading insights from Monday, June 30, 2025

News Calendar Archive

June 2025

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News Statistics for Monday, June 30, 2025

17
Total Articles
2
Bullish
8
Bearish
7
Neutral

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Archive date: Monday, June 30, 2025

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Forexlive

USD Under Pressure: Trump Demands 1% Rates from Powell

The US dollar faces renewed political pressure as President Trump publicly criticized Fed Chair Jerome Powell on Truth Social, demanding interest rates be lowered to 1%. Trump labeled Powell as 'Too Late' and stated the entire Federal Reserve Board should be ashamed of maintaining current rate levels. The aggressive rhetoric signals potential intensified political interference in monetary policy decisions ahead. Markets are watching for any Fed response or shift in policy stance, though the central bank has historically maintained independence from political influence. The dollar index showed minor weakness following the comments, trading down 0.1% as traders assess the implications. This development adds uncertainty to the Fed's rate trajectory, with markets currently pricing in potential rate cuts later in 2025. Continued political pressure could complicate the Fed's inflation-fighting efforts and impact dollar strength across major pairs.
EURUSD GBPUSD USDJPY AUDUSD USDCAD NZDUSD USDCHF
Sentiment: Negative
Source: Finnhub
finance.yahoo.com

Dollar Slips on Trade Uncertainties and Threats of Soaring Deficits

The dollar index is down by -0.20% and posted a 3-1/4 year low. The dollar remains under pressure on uncertainties over US trade policies with many nations trying to negotiate trade deals with the US before President Trump's July 9 deadline. Also, rising deficits are bearish for the...
EURUSD
Source: Marketaux
Forexlive

USD Mixed: NEC Director Hints at Fed Chair Role Amid Bill Passage

Dollar sentiment remains mixed as National Economic Council Director Hassett expressed confidence in passing the 'one big beautiful bill' by midnight, calling it fiscally responsible while dismissing CBO projections. Notably, Hassett declined to comment on potentially becoming the next Fed Chair, fueling speculation about future monetary policy leadership. The combination of fiscal policy developments and potential Fed leadership changes creates uncertainty for dollar positioning. Markets are closely monitoring the bill's passage and its implications for fiscal spending and deficit levels. The refusal to discuss Fed Chair speculation has traders considering potential shifts in monetary policy approach if leadership changes materialize. Near-term dollar movements will likely depend on the bill's final details and any further developments regarding Fed leadership. Technical levels show the dollar index consolidating near 104.50, with resistance at 105.00 and support at 104.00.
EURUSD GBPUSD USDJPY AUDUSD USDCAD NZDUSD USDCHF
Sentiment: Neutral
Source: Finnhub
kingworldnews.com

Gold & Silver Bulls Gain Momentum Amid Dollar Uncertainty

Gold and silver markets are attracting renewed investor interest, with precious metals positioned for potential gains amid growing economic uncertainties. The article suggests entry opportunities in the current bull market phase for both metals, which typically benefit from dollar weakness and inflation concerns. Gold has maintained support above $2,300/oz while silver tests resistance near $30/oz. The precious metals rally reflects broader market concerns about monetary policy, fiscal spending, and geopolitical tensions. For forex traders, strength in gold and silver often correlates with weakness in the US dollar, particularly affecting commodity-linked currencies like AUD and CAD. Technical indicators suggest continued upward momentum for precious metals, which could pressure the dollar index below current support levels. Traders should monitor the inverse relationship between precious metals and USD pairs for potential trading opportunities.
XAUUSD XAGUSD AUDUSD USDCAD
Sentiment: Positive
Source: Marketaux
forexlive.com

EUR/USD Steady as Dollar Remains Tepid at Month-End

EUR/USD traded in a narrow range during the European session as the dollar showed tepid performance ahead of month-end flows. US futures pointed higher, suggesting risk-on sentiment that typically weighs on the safe-haven dollar. The pair held near 1.0850 levels with limited directional momentum as traders positioned for month-end rebalancing and awaited fresh catalysts. European markets showed modest gains while dollar strength remained subdued across major pairs. Month-end flows often create temporary distortions in currency markets as portfolio managers rebalance positions. Technical analysis shows EUR/USD consolidating between 1.0830 support and 1.0870 resistance. A break above resistance could target 1.0900, while failure to hold support might see a retest of 1.0800. Traders are awaiting this week's key economic data, including US employment figures, for clearer directional signals.
EURUSD GBPUSD USDJPY
Sentiment: Neutral
Source: Marketaux
forexcrunch.com

AUD/USD Weakens on Poor Jobs Data, Eyes US NFP Report

AUD/USD declined 0.4% to 0.6580 following disappointing Australian employment data, with risk appetite faltering ahead of Friday's crucial US Non-Farm Payrolls report. Australian job growth significantly missed expectations, adding only 15.9K positions versus 20K forecast, while the unemployment rate edged higher to 4.1%. The weak labor market data reinforces expectations for potential RBA rate cuts in 2025, pressuring the Aussie dollar. Market sentiment remains cautious with traders reducing risk exposure before the US employment report, which could significantly impact Fed rate expectations. Technical analysis shows AUD/USD breaking below the 0.6600 psychological support, with next support at 0.6550 (December low). Resistance now sits at 0.6620, with a move above needed to neutralize bearish pressure. The pair's direction will likely depend on relative labor market strength between Australia and the US.
AUDUSD
Sentiment: Negative
Source: Marketaux
Forexlive

USD faces pressure as Fed rate cut expectations surge to 66bps by year-end

The US dollar is experiencing broad weakness as markets price in 66 basis points of Federal Reserve rate cuts by year-end, significantly exceeding expectations for other major central banks. The dramatic shift in sentiment was triggered by unexpectedly dovish comments from Fed Governor Bowman, previously a staunch hawk, who suggested a potential July rate cut if inflation remains subdued. In contrast, the ECB shows only 25bps of cuts priced in, while the Bank of England sits at 53bps. The Bank of Japan remains the outlier with 15bps of hikes expected. This divergence in rate expectations is creating significant pressure on USD pairs, with EUR/USD and GBP/USD likely to benefit from the narrowing rate differential. The Australian dollar could see the most significant gains with 80bps of RBA cuts already priced in, potentially limiting further AUD weakness. Traders should monitor upcoming US inflation data closely as it could either validate or challenge these aggressive Fed cut expectations.
EURUSD GBPUSD USDJPY USDCAD AUDUSD NZDUSD USDCHF
Sentiment: Negative
Source: Finnhub
Forexlive

USD/CHF rises as SNB sight deposits surge to CHF 460.7bn

USD/CHF has gained momentum following the Swiss National Bank's latest sight deposit data, which showed a significant increase to CHF 460.7 billion from CHF 442.5 billion in the previous period. The CHF 18.2 billion jump in total sight deposits suggests increased SNB intervention to weaken the Swiss franc, with foreign sight deposits rising notably while domestic deposits fell to CHF 425.8 billion from CHF 430.0 billion. This shift indicates the SNB is actively managing franc strength through foreign exchange operations, potentially to support Swiss exports and combat deflationary pressures. The data reinforces market expectations of continued SNB dovishness, especially after their recent rate cuts. For traders, this development supports a bearish CHF outlook, with USD/CHF likely to find support near 0.8950 and potential resistance at 0.9050. The widening interest rate differential between the Fed and SNB further favors USD strength against CHF.
USDCHF
Sentiment: Negative
Source: Finnhub
Forexlive

EUR/USD faces pressure as German CPI data looms amid ECB policy concerns

EUR/USD trades cautiously around 1.0780 ahead of crucial German state inflation readings expected Monday, with the pair showing limited movement in early European trading. Germany's persistent inflation remains a key concern for the ECB, with May's core annual inflation at 2.8% significantly above the central bank's 2% target, while headline inflation stood at 2.1%. The upcoming CPI data from various German states will provide early indicators for June's national inflation figures, potentially influencing ECB policy expectations. Markets are closely watching whether inflation shows signs of further moderation after the ECB's decision to maintain rates through summer. Technical indicators suggest EUR/USD faces immediate resistance at 1.0800, with support established at 1.0750. Stronger-than-expected inflation data could bolster euro strength and reinforce expectations for prolonged ECB restrictive policy, while softer readings might pressure the single currency as markets price in earlier rate cuts.
EURUSD
Sentiment: Neutral
Source: Finnhub
forexlive.com

USD/CAD slips 0.2% as Canada eliminates digital services tax

USD/CAD declined 0.2% to 1.3650 during Monday's Asian session following Canada's surprise announcement to eliminate its digital services tax, removing a potential trade friction point with the United States. The Canadian dollar strengthened across the board as the policy shift signals improved bilateral trade relations and reduces regulatory uncertainty for tech companies operating in Canada. The move comes amid broader risk-on sentiment in Asian markets, with commodity currencies gaining ground. Oil prices remained steady near $81 per barrel, providing additional support for the loonie. Technical analysis shows USD/CAD breaking below the 1.3680 support level, with next targets at 1.3620 (50-day moving average) and 1.3600 psychological support. The pair's near-term direction will likely depend on upcoming US economic data and any further Canadian policy announcements. Traders should monitor resistance at 1.3700 for potential reversal signals.
USDCAD
Sentiment: Negative
Source: Marketaux
Forexlive

USD/CAD drops as Canada scraps Digital Services Tax for trade talks

USD/CAD declined sharply following Canada's announcement to rescind its Digital Services Tax, aimed at advancing broader trade negotiations with the United States. The Canadian dollar strengthened immediately after the Finance Ministry's Sunday statement, reversing Friday's weakness when President Trump had canceled trade talks with Canada. This diplomatic gesture suggests both nations are working toward a comprehensive trade agreement despite recent tensions. The move demonstrates Canada's willingness to make concessions to avoid potential tariffs and maintain favorable trade relations with its largest trading partner. Technical indicators show USD/CAD breaking below key support at 1.4350, with further downside potential toward 1.4300 if positive trade momentum continues. Traders should monitor upcoming trade announcements and any official responses from the Trump administration, as these developments could drive significant volatility in the pair throughout the week.
USDCAD
Sentiment: Negative
Source: Finnhub
gurufocus.com

USD/KRW volatility rises as South Korea extends forex trading hours

USD/KRW trading volumes have increased significantly following South Korea's extension of domestic forex market hours, marking progress in the country's currency globalization efforts. The extended trading window has attracted more international participants, leading to improved liquidity and tighter bid-ask spreads in won trading. This structural change enhances the Korean won's accessibility to global investors and positions it as a more viable currency for international transactions. The Bank of Korea's initiative aligns with broader efforts to internationalize the won and reduce dependency on dollar-denominated settlements in regional trade. Market participants report smoother price discovery and reduced overnight gaps since the implementation. For traders, the extended hours provide additional opportunities to react to global events affecting Asian currencies. The increased activity suggests growing confidence in Korean economic fundamentals and may lead to reduced volatility over time as market depth improves.
USDKRW
Sentiment: Positive
Source: Marketaux

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