今日Ultima Markets为您带来了 2025年7月24日的欧元/美元深入分析。 ·由于贸易情绪改善，美元小幅回落。 ·欧洲央行（ECB）将在周四召开会议，预计将维持利率不变。 周三，欧元（EUR）小幅上涨，足以使欧元/美元的正面走势连续第四天保持不变。 小幅上涨反映了美元指数（DXY）的温和回调，因贸易前景的进一步改善使其下跌，而美联储独立性的问题依然存在。 关税时钟继续滴答 将华盛顿的下一个关税决定推迟到8月1日并没有让任何人感到安心。 然而，最近达成的美日贸易协议为全球市场提供了一些喘息之机，而潜在的美欧协议的进展则激励了风险情绪。 布鲁塞尔预计谈判将陷入僵局，正在重新审视"反胁迫"工具，如果谈判失败，可能限制美国服务的进入或禁止美国公司参与欧盟招标。如果协议难以达 成，特朗普总统警告称，欧洲将成为直接目标。 央行政策分歧 ·欧元/美元在相当波动的交易中上涨至两周高点，接近1.1770。 与此同时，大多数交易员预计，管理委员会在周四的会议上将坚持这一谨慎立场，保持关键利率不变。 头寸分化：投机者看涨，套期保值者看跌 截至7月15日的CFTC数据显示，投机者将欧元多头头寸增加至约128.2K份合约， ...

Core Viewpoint - The international gold market is experiencing fluctuations, with gold prices testing resistance levels and showing potential for further declines due to a rebound in the US dollar index and changing Federal Reserve interest rate expectations [2][6][10]. Group 1: Market Dynamics - As of July 9, international spot gold has fallen below $3,300 per ounce, currently trading at $3,287.75 per ounce, down 0.39% [1]. - The COMEX gold is trading at $3,299 per ounce, reflecting a decrease of 0.54% [1]. - The recent fluctuations in gold prices are influenced by the Federal Reserve's interest rate expectations, which have shifted due to recent employment data and economic policies [6][7]. Group 2: Economic Indicators - The US non-farm payroll data for June showed an increase of 147,000 jobs, surpassing expectations, while the unemployment rate decreased from 4.2% to 4.1% [7]. - The "Great Beautiful" fiscal plan signed by President Trump is expected to increase the federal deficit by $3.4 trillion over the next decade, which may have short-term positive effects on the economy but could exacerbate long-term debt burdens [7][9]. Group 3: Geopolitical Factors - Ongoing trade negotiations and tariff agreements between the US and countries like Vietnam and Cambodia are contributing to market uncertainty, which may support gold prices as a hedge against currency risk [8][9]. - The uncertainty surrounding trade policies and their potential impact on the economy remains a significant factor influencing gold's appeal as a safe-haven asset [2][8]. Group 4: Investment Opportunities - Gold ETFs and related funds are highlighted as accessible investment vehicles, offering low costs and diverse trading options, which may attract investors looking to hedge against economic volatility [11]. - The long-term value of gold as a hedge against inflation and economic downturns is emphasized, suggesting that investors may consider regular investments in gold ETFs [11].