On July 3, 2025, global markets react to shifting interest rate expectations, with currencies showing sharp divergence and silver maintaining its strength. The Japanese Yen edges higher after BoJ board member Takata clarified that the central bank is merely pausing—not ending—its rate hike cycle. GBP/USD struggles to gain traction ahead of key UK labor data, while the Australian Dollar slips following a disappointing trade surplus figure. EUR/USD holds near 1.1800, buoyed by growing expectations of Fed rate cuts in the second half of 2025. Meanwhile, silver (XAG/USD) remains supported above $35.40, favored by bulls ... (full story)