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EC-409 An introduction to the U.S. dollar index (DXY)-HERO

What levels to watch for the US dollar as markets head into July

Dollar Index technical analysis – The first half of 2025 ends with heavy USD selling as global flows unwind from the US. With deficits ballooning and tariff risks rising, markets eye the June NFP release and July 9 deadline for clarity. Will tariffs bite, or is the Dollar due a rebound?

30-06-2025 14:47 GMT by Elior Manier

Asia mid-session: Equities rally despite stagflation fears as Canada reopens trade talks; US dollar weakness further

US stocks extended gains despite rising stagflation risks, with the S&P 500 and Nasdaq 100 hitting new all-time highs. Markets shrugged off trade tensions after Canada scrapped its digital tax and resumed US trade talks, fueling risk-on sentiment. In Asia, equities rallied, led by Japan's Nikkei 225. The US dollar weakened further, while the yen outperformed. Gold rebounded slightly from key support after a two-week selloff.

30-06-2025 06:08 GMT by Kelvin Wong

Markets weekly outlook - June US NFP, Global PMIs and German Employment

A week ahead preview: What has moved markets this week and potential triggers for volatility as markets are moving away from Israel-Iran headlines and towards the second half of 2025.

27-06-2025 20:10 GMT by Elior Manier

Gold retraces, facing headwinds as positive mood dampen its demand

Gold has pulled back over $200 from its recent highs near $3,450, failing to retest all-time highs despite strong war-driven catalysts. This loss of momentum could signal a shift in trend as markets reassess risk sentiment. Bulls must step in soon to avoid a deeper correction.

27-06-2025 15:06 GMT by Elior Manier

S&P 500 hits new all-time highs despite disappointing Core PCE report

Equities are trading just above January’s all-time highs as markets grow less reactive to Trump-related news. A potential Golden Cross signals bullish momentum, but traders await the cash open to confirm appetite for new highs. Economic data may be key for the next leg up.

27-06-2025 13:33 GMT by Elior Manier

Asia mid-session: Risk-on persists, JPY held firm, Gold extends losses to 4-week low

US stocks rallied on 26 June, led by the Nasdaq 100 hitting a fresh record high, as dovish Fed expectations fueled risk-on sentiment. Despite soft US data and looming tariff risks, markets focused on potential rate cuts, boosting global equities. The US dollar weakened further, breaking key support, while gold fell to a 4-week low.

27-06-2025 06:57 GMT by Kelvin Wong

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Market Wrap for the North American Session - June 26

June 26 NA Session Recap – Broad USD weakness drove gains across major currencies and indices. Gold held firm above $3,300, while Oil rebounded modestly. Alternative metals surged, with Platinum and Palladium up over 6%. Cryptos remain flat, with Bitcoin steady above $100K.

26-06-2025 20:51 GMT by Elior Manier

What’s next for Oil after War-induced volatility fades?

Oil surged from $60 to $78 on Middle East tensions but pulled back after an Israel-Iran ceasefire. With supply risks and trade concerns still in play, traders now watch for fresh catalysts. Explore the technical outlook and key levels shaping crude’s next move.

26-06-2025 16:43 GMT by Elior Manier

Pound Surges to 3-year highs amid broad Dollar weakness

GBP/USD is gaining momentum as UK economic sentiment stabilizes and markets look at newfound USD Weakness. Historic trade deals support the Pound, while USD softens amid post-conflict calm and policy drift. Let’s break down the latest rally and key levels to watch in the Cable.

26-06-2025 14:05 GMT by Elior Manier

EUR/USD extends gains to 45-month highs, market eyes US labour data

EUR/USD is rallying today early in the London session and trades around the ~1.17173 level, up ~0.47%. As a new wave of dollar weakness sweeps the markets, EUR/USD hopes to continue a 5-day winning streak in today’s session.

26-06-2025 09:34 GMT by Christian Norman

Asia mid-session: US dollar nears key breakdown level, Nikkei 225 bullish breakout from range

The recent risk-on rally in global equities has slowed as markets shift focus to upcoming Fed guidance, inflation data, and looming US tariff decisions. The US dollar weakened for a third straight session, nearing a key long-term support at 97.40. While US indices wavered, Asia markets mostly advanced, led by Japan’s Nikkei 225. Gold held firm above its 50-day moving average, supported by a softer greenback.

26-06-2025 06:10 GMT by Kelvin Wong

North American Equity profit from their weaker currencies - NA markets mid-week update

With tensions easing in the Middle East, the USD and CAD have lost recent support. The Dollar Index is back near monthly lows, and oil’s retreat has dragged the Loonie, giving some newfound strength in NA Indices. Focus now shifts to fresh economic data for the next directional move in North American currencies.

25-06-2025 16:49 GMT by Elior Manier

Bitcoin dazzling recovery from War fear takes it back to its Range highs

Bitcoin holds firm amid geopolitical chaos, briefly dipping below $100K during the weekend’s Iran-Israel escalation before rebounding sharply. With sellers unable to break key support, BTC has reclaimed its range highs, signaling renewed bullish momentum ahead of the next move.

25-06-2025 14:14 GMT by Elior Manier

Asia mid-session: Risk-on continues, Fed Chair’s dovish hint weakens the US dollar further, Gold stabilizes

Global stock markets rallied as geopolitical tensions eased following signs that Israel and Iran are honoring a US-brokered ceasefire. WTI crude fell sharply, reducing stagflation fears and boosting equities. Fed Chair Powell signaled potential rate cuts “sooner rather than later,” reinforcing risk-on sentiment. The US dollar weakened, while gold stabilized near its 50-day moving average.

25-06-2025 06:10 GMT by Kelvin Wong

Market Wrap for the North American Session - June 24

Market Recap for the North-American session, June 24rd 2025. Risk-on session today as markets turn the page on the Israel-Iran conflict. Nasdaq hits all-time highs and US Oil reverses its entire move-up.

24-06-2025 20:00 GMT by Elior Manier

Nasdaq reaches ATH, Equities around the globe from Fear to Greed

Global stocks rally over 1% as a US-brokered ceasefire between Israel and Iran takes effect. Despite two weeks of conflict, equity markets stayed near highs, and the Nasdaq briefly touched a new record. The bears’ failure to push lower fueled today’s risk-on rebound.

24-06-2025 18:25 GMT by Elior Manier

USDJPY tumbles as War flows are now behind us

USDJPY, down close to 1%, comes back into its 2-month range after consecutive volatile sessions. Discover through our multi-timeframe analysis levels of interest, technical and macro factors that are currently moving the pair.

24-06-2025 16:23 GMT by Elior Manier

GBP/USD rallies on dovish Fed commentary and ceasefire expectations

Trading around ~1.36200, cable is on pace for its best two-day performance since mid-April, owing to further dollar downside. Bulls will likely target ~1.36809, then ~1.37822 should upside continue. Immediate support can be found at ~1.35745

24-06-2025 15:12 GMT by Christian Norman

US Dollar slides on de-escalation of Iran tensions — Powell speaking at 10:00

The US Dollar reverses most of its move-up created by fears of escalating tensions in the Middle East which have suddenly vanished. Eyes are on the Powell Testimony coming up at 10:00 A.M. to see if any new comments will be said, particularly after Waller's dovish surprise.

24-06-2025 13:35 GMT by Elior Manier

Asia mid-session: Equities rebound as Israel-Iran ceasefire hopes emerge; oil plunges, Aussie outperforms

Global markets rebounded as hopes of a ceasefire between Israel and Iran emerged, following reports of a symbolic Iranian strike and Trump’s announcement of a brokered deal. WTI crude oil plunged 9.3%, reducing geopolitical risk premiums and stagflation fears. This triggered a rally in equities, with the S&P 500 and Nasdaq 100 closing over 1% higher, while the US dollar weakened and Gold fell below key technical support.

24-06-2025 06:49 GMT by Kelvin Wong