[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  ScalpingX [@ScalpingX](/creator/twitter/ScalpingX) on x XXX followers Created: 2025-07-26 11:54:33 UTC 🌍 FOREX MARKET WEEKLY INSIGHT: USD LEADS – EUR & GBP STRUGGLE – EM CURRENCIES SHOW SIGNS OF RECOVERY From July XX to 26, 2025, the forex market saw USD dominance supported by stronger-than-expected U.S. macro data. Meanwhile, EUR and GBP weakened due to trade uncertainty and mixed economic releases. Emerging market (EM) currencies showed signs of a mild rebound driven by returning carry trades and improved regional capital flows. 🇺🇸 United States: Manufacturing PMI rose to 52.9, jobless claims remained stable, and Q2 GDP grew by 0.7%, pushing the DXY index up to XXXXX. The Fed is expected to hold rates steady at the July XX meeting, but political pressure from Trump raises speculation of Powell being replaced. 🇪🇺 Eurozone: The ECB held rates at XXXX% and warned of escalating U.S.-EU trade risks. Despite slight improvements in PMI, EUR/USD dropped from XXXXXX to XXXXXX. 🇬🇧 United Kingdom: CPI rose to XXX% but failed to support GBP due to weak retail sales. GBP/USD closed the week near XXXXXX. Markets expect the BoE to stay on hold for now, but downward pressure remains. 🇯🇵 Japan: Prime Minister Ishiba’s coalition lost its majority in the Upper House, raising political instability concerns. Weak PMI data also hurt JPY sentiment. USD/JPY surged to XXXXXX before easing to XXXXXX after a new U.S.-Japan trade deal announcement. 🇦🇺 Australia: AUD/USD slipped to XXXXXX as inflation data disappointed and China’s slowdown continued to weigh. NZD faced similar headwinds, though Canadian CPI offered minor support. 🌍 Emerging Markets: 💵 USD/NGN remained stable around ₦1,545 as Nigerian bonds outperformed and inflation eased. 💵 USD/BRL declined XXX% amid expectations of Brazil hiking interest rates. 💵 USD/MXN fell XXX% as carry trades returned. 💵 USD/PHP and USD/EGP held steady, supported by regional fintech and financial partnerships. 📊 Key exchange rate moves this week: 🔹 EUR/USD down XXX% 🔹 GBP/USD down XXX% 🔹 USD/JPY up XXX% 🔹 AUD/USD down XXX% 🔹 USD/NGN up XXX% 🔹 USD/BRL down XXX% 🔹 USD/MXN down XXX% 🔍 Outlook and Forecast In the short term, USD strength could persist if U.S. labor and PCE data remain solid. EUR/USD may test 1.1700, and USD/JPY could climb toward XXX if the BoJ stays dovish. In the medium term, a U.S.-EU trade deal by August X would support EUR and GBP. Otherwise, risk aversion could send DXY toward XX. EM currencies such as NGN and BRL may benefit from stable inflows and carry trade momentum. Suggested strategy: Favor long USD against EUR and GBP. Avoid AUD and NZD in the near term. Consider selective long positions in EM currencies like MXN, BRL, and NGN if global risk appetite improves. #forex #usd #macro  XX engagements  **Related Topics** [macro](/topic/macro) [dominance](/topic/dominance) [currencies](/topic/currencies) [british pound sterling](/topic/british-pound-sterling) [euro](/topic/euro) [united states dollar](/topic/united-states-dollar) [currency pairs](/topic/currency-pairs) [forex](/topic/forex) [Post Link](https://x.com/ScalpingX/status/1949075867965235422)
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ScalpingX @ScalpingX on x XXX followers
Created: 2025-07-26 11:54:33 UTC
🌍 FOREX MARKET WEEKLY INSIGHT: USD LEADS – EUR & GBP STRUGGLE – EM CURRENCIES SHOW SIGNS OF RECOVERY
From July XX to 26, 2025, the forex market saw USD dominance supported by stronger-than-expected U.S. macro data. Meanwhile, EUR and GBP weakened due to trade uncertainty and mixed economic releases. Emerging market (EM) currencies showed signs of a mild rebound driven by returning carry trades and improved regional capital flows.
🇺🇸 United States: Manufacturing PMI rose to 52.9, jobless claims remained stable, and Q2 GDP grew by 0.7%, pushing the DXY index up to XXXXX. The Fed is expected to hold rates steady at the July XX meeting, but political pressure from Trump raises speculation of Powell being replaced.
🇪🇺 Eurozone: The ECB held rates at XXXX% and warned of escalating U.S.-EU trade risks. Despite slight improvements in PMI, EUR/USD dropped from XXXXXX to XXXXXX.
🇬🇧 United Kingdom: CPI rose to XXX% but failed to support GBP due to weak retail sales. GBP/USD closed the week near XXXXXX. Markets expect the BoE to stay on hold for now, but downward pressure remains.
🇯🇵 Japan: Prime Minister Ishiba’s coalition lost its majority in the Upper House, raising political instability concerns. Weak PMI data also hurt JPY sentiment. USD/JPY surged to XXXXXX before easing to XXXXXX after a new U.S.-Japan trade deal announcement.
🇦🇺 Australia: AUD/USD slipped to XXXXXX as inflation data disappointed and China’s slowdown continued to weigh. NZD faced similar headwinds, though Canadian CPI offered minor support.
🌍 Emerging Markets:
💵 USD/NGN remained stable around ₦1,545 as Nigerian bonds outperformed and inflation eased. 💵 USD/BRL declined XXX% amid expectations of Brazil hiking interest rates. 💵 USD/MXN fell XXX% as carry trades returned. 💵 USD/PHP and USD/EGP held steady, supported by regional fintech and financial partnerships. 📊 Key exchange rate moves this week: 🔹 EUR/USD down XXX% 🔹 GBP/USD down XXX% 🔹 USD/JPY up XXX% 🔹 AUD/USD down XXX% 🔹 USD/NGN up XXX% 🔹 USD/BRL down XXX% 🔹 USD/MXN down XXX% 🔍 Outlook and Forecast
In the short term, USD strength could persist if U.S. labor and PCE data remain solid. EUR/USD may test 1.1700, and USD/JPY could climb toward XXX if the BoJ stays dovish.
In the medium term, a U.S.-EU trade deal by August X would support EUR and GBP. Otherwise, risk aversion could send DXY toward XX. EM currencies such as NGN and BRL may benefit from stable inflows and carry trade momentum. Suggested strategy: Favor long USD against EUR and GBP. Avoid AUD and NZD in the near term. Consider selective long positions in EM currencies like MXN, BRL, and NGN if global risk appetite improves. #forex #usd #macro
XX engagements
Related Topics macro dominance currencies british pound sterling euro united states dollar currency pairs forex