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Category: Forex Short News

Forex Short News
Forex Short News

House to vote on the Trump tax bill tomorrow

Posted onJuly 1, 2025

House Rep Emmer says that the House is to vote on passage of the “one, big, beautiful” tax bill tomorrow. This article was written by …

Forex Short News
Central Banks, Forex Short News

Timiraos: Does not see effort to set stage for a cut in July

Posted onJuly 1, 2025

Fed watcher from the Wall Street Journal, Nick Timiraos is tweeting that Fed Chair Powell dodged a questions on a July cut, but his comments …

Forex Short News
Central Banks, Forex Short News

Atlanta Fed GDPNow growth estimate for Q2 2.5% versus 2.9% last

Posted onJuly 1, 2025

The Atlanta Fed GDPNow growth estimate for Q2 comes in at 2.5% vs 2.9% last. In their own words: The GDPNow model estimate for real …

Forex Short News
Forex Short News

US Senate passes sweeping tax cuts and spending bill

Posted onJuly 1, 2025

The U.S. Senate has passed the sweeping tax cut and spending bill. VP Vance vote is used to break the tie. After passing in the …

Technical Analysis
Forex Short News, Technical Analysis

USD gaining upside momentum

Posted onJuly 1, 2025

Earlier today, the USD was down vs all the major currencies but has now reversed course and is higher versus the EUR, GBP, CAD, AUD …

Forex Short News
Forex Short News

NASDAQ index down -1.25%

Posted onJuly 1, 2025

The NASDAQ index is now down over -1.25%. The declines are being led by some of the high beta stocks that have benefited of late …

Forex Short News
Forex Short News

Tech sector declines: Apple’s gains and Tesla’s drops highlight market mood

Posted onJuly 1, 2025

Sector Overview The stock market heatmap reveals a mixed performance across sectors, with technology and consumer electronics showing contrasting trends. The technology sector is tainted …

Forex Short News
Central Banks, Forex Short News

A summary of the comments from Central Bank Heads from the ECB Forum in Sintra Portugal

Posted onJuly 1, 2025

ECB President Christine Lagarde stated that the euro area has achieved its 2% inflation target, but emphasized the need to remain vigilant. She reiterated the …

Technical Analysis
Forex Short News, Technical Analysis

USD moves higher after better data. Powell: Fed on hold. Monitoring data

Posted onJuly 1, 2025

US yields have moved up after the better ISM PMI manufacturing data, the JOLTs data. The US 10 year yield is now up to 2 …

Forex Short News
Forex Short News

US construction spending -0.3% versus -0.2% expected

Posted onJuly 1, 2025

Prior month -0.2% revised up from -0.4% initially reported Construction spending -0.3% versus -0.2% expected. This article was written by Greg Michalowski at www.forexlive.com.

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