South Korea BOK Manufacturing BSI fell from previous 70 to 68 in August

Jul 23, 2025

Gold falls below $3,400 as US–EU trade deal nears despite US Dollar weakness

Gold price drops below $3,400 on news that the United States (US) and the European Union (EU) are close to signing an agreement, similar to the one signed by Washington and Tokyo on Tuesday. Consequently, the Greenback edges lower, a tailwind for the golden metal.

EUR/USD rises as US–EU deal hopes offset trade jitters ahead of ECB's decision

The EUR/USD advanced during the North American session, up 0.16%, as rumors had grown that the United States and the European Union (EU) are about to sign a deal, similar to the one inked between Washington and Tokyo on Tuesday.