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When it comes to navigating the world of foreign exchange and international payments, knowledge is your best ally. That's why we've compiled a guide to the key dates and financial events in July 2025 to be aware of when making cross-border payments.
Whether you're a seasoned trader or just dipping your toes into the financial waters, understanding these economic indicators can make a significant impact, and allow you to make informed financial decisions.
Read on to stay informed and discover how we can empower your international financial transactions, or visit our Economic Calendar for July.
When it comes to the world of FX, knowledge is your best ally - that's why we've compiled a guide to the key events to be aware of.
Monthly FX insights for July
Week 1: 01/07/25 - 04/07/25
With the US closed for Independence Day on Friday, the traditional first-Friday-of-the-month US jobs report will be released a day earlier, on Thursday. Current expectations are for a slowdown in job additions in June compared to May, but nothing that should be too concerning for the US job market.
Nonetheless, with the trend very much towards a weaker US dollar, it would really take a blockbuster number to reverse this trend and provide a constructive reason for the dollar to limit its losses. Also this week, we have June’s CPI numbers from Europe.
Week 2: 07/07/25 - 11/07/25
The Reserve Bank of New Zealand (RBNZ) is widely expected to hold interest rates at 3.25% this month, but the Reserve Bank of Australia (RBA) is priced in to cut interest rates by 25bp to 3.60%, which should continue to add pressure on the Australian dollar.
The minutes from the recent Federal Reserve (Fed) FOMC meeting could prove to be quite interesting in light of recent Fedspeak being a bit more dovish, with three members of the Fed forecasting the potential for three rate cuts.
Read more about key events here:
- When is the next OCR announcement NZ?
- When is the next RBA interest rate decision?
- When are the next FOMC minutes released?
Week 3: 14/07/25 - 18/07/25
CPI numbers from both the US and UK will be the key metric for this week. As mentioned above, three members of the Fed, as well as Fed Chair Powell, have indicated a willingness to be flexible in terms of rate cuts, and thus a lower-than-expected US CPI number would likely increase the odds of a third rate cut by the Fed this year.
UK CPI numbers fell more than expected last month, but this was largely attributed to an error in the previous month’s readings. Governor Bailey has recently suggested there could be stagflationary pressures on the economy.
Read more about the Federal Reserve's interest rate decisions here - When is the next Fed interest rate decision?
Week 4: 21/07/25 - 25/07/25
The European Central Bank (ECB) interest rate decision is on Thursday, but no rate change is expected at this meeting, with the likelihood that the ECB will want to take a cautious approach given the implications of tariffs. Flash PMI numbers are also due on Thursday from the EU, UK, and US.
Week 5: 28/07/25 - 31/07/25
A busy end to the month, with rate decisions from Canada, the US, and Japan. None of them are currently expected to move interest rates, but this could change if there are any changes to tariff terms.
Read more about key events here:
- When is the next Bank of Canada rate announcement?
- When is the next Fed interest rate decision?
- When is the next Bank of Japan interest rate decision?
Whether you're a seasoned trader or just dipping your toes into the financial waters, understanding economic events can make a significant impact.
Why choose Equals Money for international payments?
Now that you're aware of the key economic events taking place in 2025, let's talk about how Equals Money can elevate your international payments experience. Our service is designed to make your life easier and transactions smoother.
Competitive rates: We offer competitive exchange rates for over 140 different currencies to ensure you can get the most of out of each transaction when converting currencies or making cross-border transfers.
Tried & trusted: Since starting in 2005, our dedicated team has helped our customers move and manage over £10 billion around the world.
Fast payments: With connections to SWIFT, UK Faster Payments, and SEPA, make same-day and next-working-day transfers to make sure your money reaches where it needs to promptly.
Range of solutions: Make payments using our full portfolio of options such as spot trades (a one-off instant transfer using the live exchange rate), forward contracts (fix a current exchange rate for a future transaction up to 24 months in advance), and more.*
Currency expertise: You'll get the support and expertise of a specialist currency account manager who can help you put together a strategy for overseas payments.
Conclusion
In conclusion, staying informed about key economic calendar indicators, events, and dates is vital for making informed financial decisions. Whether you're monitoring GBP, EUR, or USD, these dates can significantly impact your currency exchange rates.
For the dates, events, and economic indicators that matter most to businesses, investors, and economic enthusiasts. Our Economic Calendar offers comprehensive insights into the meaningful indicators influencing market movements and FX rates across the UK, US, and EU.
