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Thursday, July 10, 2025

European Markets Wrap-Up: The major currencies remain mostly rangebound as traders await the US CPI report

The major currencies remain mostly rangebound as traders await the US CPI report

It's been a very boring week due to the lack of key economic releases and new developments on the tariffs front. The tariff letters have been largely ignored because they are just the same old negotia... 

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OPEC slashes global oil demand forecasts for the coming years in latest outlook report

As things stand, the bloc sees world oil demand averaging 106.3 million bpd in 2026 - down from 108 million bpd last year. Meanwhile, they see the 2029 forecast as being 111.6 mil bpd - down 700k bpd... 

S&P 500 Technical Analysis – Awaiting the US CPI for the next major move

Fundamental Overview The S&P 500 continues to be supported given the lack of bearish drivers. We haven't got any meaningful catalyst since the NFP report other than Trump's tariff letters that wer... 

PrimeXBT Launches MT5 PRO Account with Superior Conditions for High-Volume Traders

PrimeXBT, a leading multi-asset broker, has launched its MT5 PRO account, a new offering tailored to traders who demand the most competitive trading conditions in the market. Built specifically for hi... 

Major currencies greeted with another lull of a day in Europe

It's a bit of a slow one in European morning trade with major currencies again not up to much. The dollar is largely consolidating, but keeping steadier overall as we continue to digest Trump's latest... 

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Latest Forex Orders

FX option expiries for 10 July 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold . The first one being for EUR/USD at the 1.1700 level once again. The expiries there have been helping to limit downside pric... 

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