Trade Deal talks ongoing – Market wrap for the North American session - ...

9 months ago 28

Log in to today's North American session recap for July 25, 2025.

Today marked another day of a lack of North American data releases that could shift markets towards more volatility.

Instead, we received a session of relatively mixed sentiment.

Market were attentive to Trump's ongoing speeches where he for once mentioned decent things about Jerome Powell, and once again mention the Deals and letters that will be sent on August 1st.

FYI, the EU Trade talks are ongoing and Trump announced that we may get results towards the latter part of the weekend.

The US Dollar is up in the session but has given up some ground in a retracement after almost 48 hours of only bull momentum – you can check our latest US Dollar analysis right here.
Energy commodities and metals took quite a hit today amid some profit taking, with Silver getting hit strongly, down around 2.25% on the session.

Altcoins have retraced back up decently after also getting hammered in the past sessions, the ongoing trading is very volatile in digital assets.

Daily Cross-Asset performance

Screenshot 2025-07-25 at 4.35.57 PM Cross-Asset Daily Performance, July 25, 2025 – Source: TradingView

Gold and US Oil are the outstanding losers of the session, with ETH that had started a rough session but is racing higher towards the daily close.

A picture of today's performance for major currencies

Screenshot 2025-07-25 at 4.38.40 PM Currency Performance, July 25 – Source: OANDA Labs

Earnings Season: Who is releasing their numbers on Monday

Screenshot 2025-07-25 at 4.39.30 PM Earnings Calendar for July 28th – Source: Nasdaq.com

Not much in terms of key Earnings on Monday

A look at Economic Data releasing on Monday

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About the Author

Elior Manier - Picture

Elior Manier

Market Analyst

Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing the impact of breaking news, market sentiment, and critical economic data releases on trading flows.

As a versatile analyst, he contributes powerful insights to the team, effectively integrating geopolitical and technical analysis to provide clear and comprehensive market perspectives.

Prior to joining our team, Elior honed his expertise as a Fixed Income Trader and Market Analyst at the Montreal Exchange.

Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing the impact of breaking news, market sentiment, and critical economic data releases on trading flows.

As a versatile analyst, he contributes powerful insights to the team, effectively integrating geopolitical and technical analysis to provide clear and comprehensive market perspectives.

Prior to joining our team, Elior honed his expertise as a Fixed Income Trader and Market Analyst at the Montreal Exchange.

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