S&P 500 futures and dollar dip as Trump revives tariff tension
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 04 2025
0mins
Source: MarketWatch
Market Reaction: Equity-index futures declined and the dollar weakened following President Trump's announcement regarding potential unilateral tariffs on trading partners.
Trade Negotiations Update: Trump indicated that his administration might begin sending letters to various countries detailing tariff expectations as early as Friday, ahead of a July 9 deadline for trade negotiations.
Analyst Views on GBPUSD
Wall Street analysts forecast GBPUSD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GBPUSD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 1.350
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Current: 1.350
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
