Germany 5-y Note Auction increased to 2.26% from previous 2.14%

Jul 8, 2025

USD/CAD corrects to near 1.3640 as Trump announces new tariff rates

The USD/CAD pair retraces to near 1.3640 during European trading hours on Tuesday. The Loonie pair corrects as the US Dollar (USD) gives up half of tariff-inspired gains made on Monday.

EUR/GBP Price Forecast: In a corrective pullback, supported by 0.8600

The Eurozone has skipped the first round of tariff letters by the US Administration, and that is good news for the Euro.