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US Earnings Season: Banks Lead Q2 Reports, Dollar Impact Expected
Major US financial institutions kick off Q2 2025 earnings season this week, with JPMorgan Chase, Goldman Sachs, and Bank of America among 20% of Dow 30 companies reporting. Strong bank earnings typically support USD strength through improved risk sentiment and potential Fed policy implications. Tuesday's reports from JP Morgan and Wells Fargo will set the tone, followed by Goldman Sachs and Bank of America on Wednesday. Financial sector performance often correlates with USD movement, as healthy bank profits signal economic resilience and support higher interest rate expectations. Technical traders should monitor DXY levels around 105.50 resistance, with earnings beats potentially pushing the index toward 106.00. Disappointing results could pressure the dollar index back to 104.80 support. Currency pairs like EUR/USD and GBP/USD may see increased volatility during earnings announcements, particularly if results diverge significantly from consensus estimates.
EURUSD
GBPUSD
DXY
Sentiment:
Neutral
Source: Finnhub