Impact of Tariff Talks and Fed Decisions on Forex Markets: A Focus on Gold and Major Currency Pairs

Scalping: Scalping is a trading style that focuses on profiting from tiny price movements. In this strategy, traders look for small profits in a very short time frame, and a 3 PIP move can be a target. This type of trading requires precise execution and quick decision-making.
Day Trading: Day trading is another strategy that involves monitoring short-term price movements, where traders seek to profit from minor fluctuations. Traders may use the 3 PIP target to enter or exit positions based on short-term trends.

Please rotate your device horizontally for a better viewing experience

Impact of Tariff Talks and Fed Decisions on Forex Markets: A Focus on Gold and Major Currency Pairs

Date: 2025-07-06 | Author: JMI Brokers

Overview of Today's Forex Market

The Forex market today witnesses significant movements influenced by geopolitical events, central bank decisions, and macroeconomic indicators. Among these, the gold market and major currency pairs like USD/JPY and EUR/USD have shown notable fluctuations, driven by ongoing tariff talks and shifts in Federal Reserve monetary policy expectations.

Gold Prices and the Influence of Tariff Talks and Federal Reserve Policies

The future of gold prices currently hinges on the outcome of upcoming tariff talks with a critical deadline in July. As expectations for an immediate Federal Reserve rate cut recede, shifting to September, gold prices have managed to stay afloat above the $3,300 mark. Traders and investors are keeping a keen eye on these developments, awaiting clear signals that could dictate the short-term trajectory of XAU/USD.

All News