U.S. SECRETARY OF STATE CALLS FOR CONTINUED NEGOTIATIONS ON CUSTOMS TARIFFS

The U.S. Secretary of State emphasized the importance of ongoing negotiations to address customs tariffs. This move aims to alleviate trade tensions and potentially impact international trade policies.

Date: 11.07.2025 | Source: FOR-EX.NEWS

ZELENSKY CALLS FOR STRONGER SANCTIONS AND AWAITING APPROVAL OF NEW MEASURES TO PRESSURE RUSSIA

Ukrainian President Zelensky has urged for the strengthening of sanctions against Russia and is awaiting approval of a new set of measures aimed at increasing economic pressure. These actions are intended to intensify the response to ongoing conflicts involving Russia.

Date: 11.07.2025 | Source: FOR-EX.NEWS

GERMAN LAWMAKERS APPROVE 46 BILLION EURO TAX REDUCTION PLAN

German lawmakers have given final approval to a significant tax reduction plan worth 46 billion euros. This move is expected to boost economic growth and consumer spending within Germany. The decision may influence the euro's value in the foreign-exchange market.

Date: 11.07.2025 | Source: FOR-EX.NEWS

USD/JPY Climbs as Yen Struggles Amid Trade Tensions

On Friday, the USD/JPY pair advanced to 146.93, marking a three-week high as the US dollar continued to strengthen against a backdrop of escalating global trade tensions.

Date: 11.07.2025 | Source: actionforex.com

ECB'S PANETTA SAYS OFFICIALS TO REMAIN FLEXIBLE AND PRAGMATIC

ECB Executive Board member Panetta emphasized that policymakers will maintain a flexible and pragmatic approach in their decisions. This stance suggests ongoing adaptability in monetary policy amid economic uncertainties.

Date: 11.07.2025 | Source: FOR-EX.NEWS

ECB IN A GOOD PLACE TO CAREFULLY WEIGH NEXT MOVES: PANETTA

European Central Bank Executive Board member Fabio Panetta stated that the ECB is currently well-positioned to carefully evaluate its upcoming policy decisions. This cautious approach suggests a measured stance on interest rates and monetary policy adjustments.

Date: 11.07.2025 | Source: FOR-EX.NEWS

US Dollar Forecast: Rises as 35% Canada Tariff and Strong Jobs Data Lift DXY – GBP/USD and EUR/USD

Tariff-driven inflation concerns boost dollar; technicals point to bearish setups in GBP/USD and EUR/USD amid Fed rate pause expectations.

Date: 11.07.2025 | Source: fxempire.com

SAUDIS BOOST OIL PRODUCTION WELL ABOVE OPEC+ QUOTA IN JUNE, SAYS IEA

The International Energy Agency reports that Saudi Arabia increased its oil production significantly above the agreed OPEC+ quota in June. This move could impact global oil supply dynamics and influence energy markets worldwide.

Date: 11.07.2025 | Source: FOR-EX.NEWS

ECB'S SCHNABEL SAYS RISKS TO GROWTH OUTLOOK ARE MORE BALANCED

European Central Bank Executive Board member Isabel Schnabel stated that the risks to the economic growth outlook have become more balanced, indicating a shift in the ECB's assessment of economic conditions. This perspective may influence future monetary policy decisions and impact currency markets.

Date: 11.07.2025 | Source: FOR-EX.NEWS

Gold (XAUUSD) & Silver Price Forecast: Bullish Triangle Break Hints at $3,382 Gold Target

Gold breaks triangle pattern near $3,345, targeting $3,382, as silver eyes $38 on bullish momentum and technical breakout.

Date: 11.07.2025 | Source: fxempire.com

Quotes

Instrument Price Change (%)
EURUSD 1.169110 -0.11125%
GBPUSD 1.354370 -0.26691%
USDJPY 147.027000 +0.54778%
XAUUSD 3336.805000 +0.38553%
USDCAD 1.369500 +0.29881%
NZDUSD 0.601530 -0.28347%
USDCHF 0.795980 -0.006281%
AUDUSD 0.657780 -0.14241%
EURGBP 0.863130 +0.16711%
EURJPY 171.885000 +0.46702%
GBPJPY 199.133000 +0.33102%
AUDJPY 96.715000 +0.4852%
CADJPY 107.336000 +0.27934%
CHFJPY 184.678000 +0.66336%
NZDJPY 88.442000 +0.25733%
GBPCHF 1.078170 -0.27748%
EURCHF 0.930680 -0.18126%
USDMXN 18.706040 +0.58092%
USDZAR 17.838780 +0.58602%
USDTRY 40.171100 +0.064516%
USDRUB 77.840000 +5.15267%
USDSEK 9.528190 +0.39491%
USDCNY 7.168800 -0.076663%

Upcoming Important Events

Time Country Event Forecast Previous
11.07.2025
12:30 🇨🇦 Employment Change (Jun) 10 8.8
12:30 🇨🇦 Unemployment Rate (Jun) 7.1 7
12.07.2025
03:00 Balance of Trade (Jun) 100 103.22
03:00 Exports YoY (Jun) 5.5 4.8
03:00 Imports YoY (Jun) 2.5 -3.4
14.07.2025
03:00 Balance of Trade (Jun) 109 103.22
03:00 Exports YoY (Jun) 5 4.8
03:00 Imports YoY (Jun) 1.3 -3.4
23:01 🇬🇧 BRC Retail Sales Monitor YoY (Jun) 1.1 0.6
15.07.2025
00:30 🇦🇺 Westpac Consumer Confidence Change (Jul) 0.4 0.5