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ForexLive European FX news wrap: Dollar gets a case of the Waller hangover
ForexLive European FX news wrap: Dollar gets a case of the Waller hangover
Forex news from the European morning session on Jul 18, 2025
Session wrap
Wrap Europe
Trump continues to lambast "too late" Powell
Trump continues to lambast "too late" Powell
The bashing continues and this time Trump is also blaming the Fed board as well
BofA the next in line to pull BOE rate cut forecast for September
BofA the next in line to pull BOE rate cut forecast for September
The firm now expects the BOE to cut twice more, one in August and the next in November
EUR/USD squares up against near-term test again after Waller comments
EUR/USD squares up against near-term test again after Waller comments
The dollar is a little more on the backfoot in trading today
What are the main events for today?
What are the main events for today?
The University of Michigan Consumer Sentiment report is the only highlight
market overview
Citi also pulls call on the BOE cutting the bank rate in September
Citi also pulls call on the BOE cutting the bank rate in September
Citi takes on a similar view as Goldman Sachs with their latest forecast change
Germany June PPI +0.1% vs 0.0% m/m expected
Germany June PPI +0.1% vs 0.0% m/m expected
Latest data released by Destatis - 18 July 2025
Goldman Sachs pulls call on the BOE cutting the bank rate in September
Goldman Sachs pulls call on the BOE cutting the bank rate in September
The firm previously expected the BOE to cut by another 25 bps at the end of this quarter
ForexLive Asia-Pacific FX news wrap: Fed's Waller laid out his case for 25bp FOMC rate cut
ForexLive Asia-Pacific FX news wrap: Fed's Waller laid out his case for 25bp FOMC rate cut
Forex news for Asian trading on Thursday, July 17, 2025
Session wrap
Wrap Asia
China's Commerce Minister: China-US economic and trade relations have gone through storms
China's Commerce Minister: China-US economic and trade relations have gone through storms
Geneva agreement, London framework effectively stabilised commercial ties, cooled down tensions
China threatens to block Panama Canal ports deal - want part ownership
China threatens to block Panama Canal ports deal - want part ownership
China presses for Cosco stake in $23 billion global port sale
China Stock Market
China
China’s Minister of Commerce says 2025 retail sales expected to exceed 50 trillion yuan
China’s Minister of Commerce says 2025 retail sales expected to exceed 50 trillion yuan
China’s consumer market remains the second largest globally
CNY
China Stock Market
China
CNH
Trump / Epstein cabal questions intensifying, Trump orders testimony release
Trump / Epstein cabal questions intensifying, Trump orders testimony release
Trump has requested Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony
Japan heads to the polls this weekend with markets watching fiscal signals
Japan heads to the polls this weekend with markets watching fiscal signals
JGBs and yen brace for political and policy implications
US initial jobless claims 221K vs 235K expected
US initial jobless claims 221K vs 235K expected
The weekly initial and continuing claims data
US June import prices +0.1% vs +0.3% m/m expected
US June import prices +0.1% vs +0.3% m/m expected
Latest data released by the BLS - 17 July 2025
ForexLive European FX news wrap: Dollar shrugs off Trump-Powell drama to move higher
ForexLive European FX news wrap: Dollar shrugs off Trump-Powell drama to move higher
Forex news from the European morning session on Jul 17, 2025
Session wrap
Wrap Europe
How have interest rates expectations changed after the US inflation data?
How have interest rates expectations changed after the US inflation data?
Slight changes in market pricing as things stay mostly the same
market overview
Citi now sees the ECB cutting policy rates in September and December next
Citi now sees the ECB cutting policy rates in September and December next
The firm previously called had a rate cut for July penciled in
Eurozone June final CPI +2.0% vs +2.0% y/y prelim
Eurozone June final CPI +2.0% vs +2.0% y/y prelim
Latest data released by Eurostat - 17 July 2025