
FX Market Insight 26th July
Dec 25, 2025
Trump has struck a deal with the EU. They have agreed to de-escalate a transatlantic trade conflict and that has seen the Euro rally and the USD fall across the board. It hasn't gone far but it's enough to break a few trendlines. Keep an eye on USDCNH it's falling at the moment and putting upward pressure on AUD, NZD, EUR & GBP.
