empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
12.06.2025 09:10 AM
Trump Threatens Tariffs Again – Markets React
Open trading account Open demo account

President Donald Trump announced yesterday that he intends to send letters to trade partners within the next one to two weeks outlining unilateral tariff rates. This is ahead of the July 9 deadline, when higher duties are set to be reintroduced against dozens of economies.

"In about a week and a half or two, we'll send letters to countries and tell them what the deal is," Trump told reporters on Wednesday at the John F. Kennedy Center for the Performing Arts in Washington, where he attended a performance. "At some point, we'll just send the letters. You can accept it or reject it," he added.

This image is no longer relevant

This statement immediately sparked concern and uncertainty across global financial markets. Trump's decision is seen as a risky move that could escalate trade wars and inflict severe damage on the global economy. Unilateral tariffs are typically viewed as an aggressive pressure tool that may provoke retaliatory measures from trading partners, leading to higher prices for consumers, reduced investment, and slower economic growth. Trump has repeatedly shifted tariff deadlines, and July 9 is the latest.

Supporters of this approach argue that tariffs are an effective means of protecting domestic industries and jobs. They believe the threat of high duties will force trading partners to make concessions and agree to more favorable trade deals with the U.S.

However, it remains unclear whether Trump will follow through. He has a history of setting two-week deadlines that either pass without action or are delayed. For example, on May 16, Trump stated he would announce tariff rates within 2–3 weeks. In April, he introduced new duties for dozens of countries but suspended them for 90 days after markets plunged and investors feared a global recession. Despite ongoing negotiations, the only trade framework the U.S. has reached is with the UK and a tariff truce with China.

Even that truce with China is now under threat after Washington and Beijing accused each other of failing to comply with terms. This led to extended negotiations in London this week on how to implement the agreement.

Earlier Wednesday, Trump said the framework with China is finalized and will allow Beijing to export rare earth metals and magnets, while the U.S. will let Chinese students study in American colleges and universities.

When asked whether he would extend the deadline for countries to strike a deal before higher tariffs take effect, Trump replied that he is open to the idea but added:

"I don't think we'll need to."

Trump initially planned to negotiate with each partner individually but abandoned that idea due to limited capacity. Instead, he prioritized talks with key economic partners. His team is currently working on bilateral deals with India, Japan, South Korea, and the European Union.

Also on Wednesday, Commerce Secretary Howard Lutnick said the EU will likely be one of the last agreements finalized, expressing disappointment over negotiations with the 27-member bloc.

Technical Outlook for EUR/USD

Currently, buyers need to break above the 1.1530 level. Only then will it be possible to aim for a test of 1.1570. From there, the price may reach 1.1625, although this will be difficult without support from large players. The ultimate bullish target is at 1.1655. If the instrument declines, only around 1.1490 do we expect significant buying interest. If that fails, a drop to 1.1450 or even 1.1410 could be necessary to attract buyers.

Technical Outlook for GBP/USD

For GBP buyers, the key is to break above resistance at 1.3590. Only then can the price target 1.3615, beyond which upward movement becomes more difficult. The most optimistic target is 1.3650. In case of a decline, bears will aim to take control at 1.3560. A break below this level could seriously damage bullish positions, pushing the pair down to 1.3530 with a chance to reach 1.3505.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Crypto-currencies
Trading tips for crypto market on June 27 (North American session) Bitcoin made another attempt to return to the $108,000 level, but failed to hold it and corrected lower, falling below the $107,000 mark, a move that could lead
Miroslaw Bawulski
15:47 2025-06-27 +02:00
3010
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on June 27th (U.S. Session) Trade Review and Recommendations for the Japanese Yen The price test of 144.59 occurred when the MACD had already moved significantly above the zero line, which limited the pair's upward
Jakub Novak
13:20 2025-06-27 +02:00
2800
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

The Yen Has Lost Its Bullish Momentum

The Consumer Price Index (CPI) in the Tokyo region declined in June from 3.4% to 3.1% year-over-year, marking the first signal so far that may indicate a slowdown in price
Kuvat Raharjo 12:21 2025-06-27 UTC+2

EUR/JPY. Analysis and Forecast

The EUR/JPY pair is regaining positive momentum during today's trading session, reversing its recent decline.The euro continues to benefit from the prevailing sentiment of selling the U.S. dollar
Irina Yanina 12:17 2025-06-27 UTC+2

Inflation in Canada Remains Too High – USD/CAD May Accelerate Its Decline

Inflation in Canada remains too high to expect a rate cut by the Bank of Canada at its upcoming meeting. In April, inflation sharply slowed to 1.7% y/y, and most
Kuvat Raharjo 11:16 2025-06-27 UTC+2

XAU/USD. Analysis and Forecast

Gold is drawing renewed selling interest today after breaking below the key $3300 level. Traders are awaiting the release of the U.S. Personal Consumption Expenditures (PCE) Price Index, which
Irina Yanina 10:47 2025-06-27 UTC+2

PCE Index Data Unlikely to Significantly Impact Market Dynamics (Potential for Renewed Growth in EUR/USD and Bitcoin)

The easing of tensions in the markets, following a pause in the military conflict in the Middle East, supports the return of the previous paradigm—an increase in demand for stocks
Pati Gani 09:52 2025-06-27 UTC+2

The Market Is Off the Leash

Greed has returned to the markets. While professionals warn about the need for caution amid geopolitical uncertainty, trade wars, and the state of the U.S. economy, retail investors are once
Marek Petkovich 09:16 2025-06-27 UTC+2

What to Pay Attention to on June 27? A Breakdown of Fundamental Events for Beginners

There are relatively few macroeconomic reports scheduled for Friday. Some experts refer to the PCE indicator as "important" and "the Fed's favorite," but we do not share that view
Paolo Greco 07:02 2025-06-27 UTC+2

GBP/USD Overview – June 27: History Doesn't Repeat Itself

The GBP/USD currency pair continued its strong upward movement throughout Thursday. Since the beginning of the week, the U.S. dollar has lost "only" 330 pips. As we've previously stated
Paolo Greco 03:41 2025-06-27 UTC+2

EUR/USD Overview – June 27: Can Trump Balance the Trade Deficit?

The EUR/USD currency pair is in a "free rise" (similar to the term "free fall"). The dollar is once again plunging into the abyss, just as we repeatedly warned. It's
Paolo Greco 03:41 2025-06-27 UTC+2

Powell, Trump, and Everyone Else

What will change with the arrival of a new Federal Reserve Chair? This is a rather important question, and the answer to it may already have implications for the U.S
Chin Zhao 00:08 2025-06-27 UTC+2

Top analytics

Relevance up to 04:00 UTC--5
The Yen Has Lost Its Bullish Momentum
12:21 2025-06-27
Fundamental analysis
Relevance up to 11:00 UTC--5
Trading Signals for GOLD (XAU/USD) for June 27-30, 2025: buy above $3,250 or sell below $3,320 (rebound - 6/8 Murray)
18:12 2025-06-27
Technical analysis
Relevance up to 01:00 UTC--5
The Market Is Off the Leash
09:16 2025-06-27
Fundamental analysis
Relevance up to 03:00 UTC--5
Inflation in Canada Remains Too High – USD/CAD May Accelerate Its Decline
11:16 2025-06-27
Fundamental analysis
Relevance up to 11:00 UTC--5
Trading Signals for EUR/USD for June 27-30, 2025: sell below 1.1750 (21 SMA - 8/8 Murray)
18:10 2025-06-27
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.