EUR/USD trades sideways below 1.0900 amid cautious optimism

EUR/USD trades sideways below 1.0900 amid cautious optimism

EUR/USD trades sideways below 1.0900 in the early European session on Tuesday. The US Dollar looks to stabilize amid cautious optimism, as uncertainty over the US presidential election outcome lingers. US ISM Services PMI is also in focus, as Americans head to the polls. 

EUR/USD News

US ELECTION SPECIAL COVERAGE

GBP/USD rises toward 1.3000, awaits US election result

GBP/USD rises toward 1.3000, awaits US election result

GBP/USD is rising toward 1.3000 in European trading on Tuesday, having found support near 1.2950 on a broadly subdued US Dollar. Traders eagerly await the outcome of the US presidential election, refraining from placing fresh bets on the major. 

GBP/USD News
Gold price holds steady around $2,735 area amid modest USD slide, US election jitters

Gold price holds steady around $2,735 area amid modest USD slide, US election jitters

Gold price attracts dip-buyers after touching a one-week low on Tuesday and draws support from a combination of factors. Fed rate cut bets, declining US bond yields and subdued USD demand continue to act as a tailwind for the precious metal. 

Gold News
Crypto markets brace for volatility in tight race between Trump and Harris

Crypto markets brace for volatility in tight race between Trump and Harris

The US presidential election is one of the most significant events in the world. Due to the influence of the country’s political decisions, policies, and economic approaches, it can significantly impact crypto and global markets. 

Read more

LATEST NEWS

More Latest News

BEST BROKERS IN YOUR LOCATION

BROKER PROMOTIONS







DEEPER DIVE

Europe’s booming labour market needs to brace for change

Europe’s booming labour market needs to brace for change

The luxury of labour hoarding is coming to an end in the eurozone as corporate profits dwindle. And that’s going to mean wage growth will ease, unemployment will tick up and we’ll see more bankruptcies too. A terrible prediction? We’re actually just getting back to normality.

United States: FHLB deposits, leading indicators of pressure on liquidity

United States: FHLB deposits, leading indicators of pressure on liquidity

On 30 September, the Federal Housing Finance Agency announced its intention to raise counterparty exposure limits on the deposit accounts of Federal Home Loan Banks to the same level as those limits set for their federal funds loans, an approach discussed in its December 2023 report. 

This time is not different for China

This time is not different for China

High profile policy announcements from China have captured financial markets' attention over the past few weeks. China's central bank eased monetary policy, while the Ministry of Finance deployed fiscal resources to aid the property sector and local banks.

CRYPTOCURRENCIES

US presidential election outcome could shape the future of crypto

US presidential election outcome could shape the future of crypto

US citizens will go to the polls to elect a new president on November 5, and their choice could be key for the future of the crypto industry and thus the price outlook for Bitcoin (BTC).

More Cryptocurrencies News
Bitcoin ETFs beat Gold ETFs with 65% gain since launch

Bitcoin ETFs beat Gold ETFs with 65% gain since launch

Bitcoin ETFs have reshaped the digital asset investment landscape since their approval in January. Their total assets under management climbed over $70 billion during the weekend, placing them ahead of other investment products, including gold.

More Bitcoin News
XRP eyes 10% rally amid relisting across crypto exchanges and growing institutional demand

XRP eyes 10% rally amid relisting across crypto exchanges and growing institutional demand

Ripple's XRP is trading at $0.5050 up slightly by 0.2% in the past 24 hours as it struggles to sustain a move above a key symmetry triangle resistance. Meanwhile, in its recently released Q3 report, Ripple noted the rising listing and relisting of XRP across crypto exchanges and global platforms.

More Ripple News
Ethereum Price Forecast: ETH struggles below $2,500 amid State of Michigan pension fund investment in ETH ETF

Ethereum Price Forecast: ETH struggles below $2,500 amid State of Michigan pension fund investment in ETH ETF

Ethereum is trading near $2,420, down about 1% on Monday, but could bounce off a key descending trendline close to the $2,258 historically high demand zone. Meanwhile, the State of Michigan pension fund revealed an investment of $11 million in ETH exchange-traded funds.

More Ethereum News

FXS Signals

STOCKS

What the US presidential election outcome could mean for stocks

What the US presidential election outcome could mean for stocks Premium

Wall Street prefers Trump to win the US presidential election and thinks it is likely. Kamala Harris winning could benefit Deere, Brookfield Renewable Corporation, NextEra Energy, Dr. Horton, or Centene.

Will the US presidential election crash the stock market?

Will the US presidential election crash the stock market?

If there is one thing the financial markets do not like, it is uncertainty. Of course, who will become the next President of the United States of America is often a considerable uncertainty, especially in the 2024 elections with two opposite candidates.

ECONOMIC CALENDAR

REAL-TIME RATES

Customize your rates

WEEKLY FORECAST

EUR/USD: It’s all about economic growth

EUR/USD: It’s all about economic growth Premium

The United States, Germany and the Eurozone will release preliminary Q3 GDP estimates. The US will also publish employment data ahead of the Nonfarm Payrolls report on Friday. EUR/USD could retest the year low at 1.0600 in the upcoming days.

Read full analysis
GBP/USD: Pound Sterling falls for fourth straight week amid persistent Dollar strength

GBP/USD: Pound Sterling falls for fourth straight week amid persistent Dollar strength Premium

The Pound Sterling (GBP) remained at its lowest level in over two months versus the US Dollar (USD), leaving the GBP/USD vulnerable below the 1.3000 threshold.

Read full analysis
US elections: The race to the White House tightens

US elections: The race to the White House tightens

Trump narrows the gap The time for Americans to vote for a new president is drawing ever closer, but who will win on November 5 is looking a lot less certain now than it did when Vice President Kamala Harris entered the race.

Read full analysis
Gold: XAU/USD corrects lower after setting new record-high

Gold: XAU/USD corrects lower after setting new record-high Premium

Gold corrected lower after touching a new all-time high at $2,758. The technical outlook suggests that the bullish bias remains intact in the near term. Next week’s economic calendar will feature key US data releases that could impact Gold’s valuation.

Read full analysis
Bitcoin: New all-time high at $78,900 looks feasible

Bitcoin: New all-time high at $78,900 looks feasible

Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.

Read full analysis
Week ahead – US election draws all eyes, Fed, RBA and BoE meet

Week ahead – US election draws all eyes, Fed, RBA and BoE meet

Traders lock gaze on Tuesday’s US election.Trump and Harris battle neck and neck in final stretch. Fed to decide whether to cut interest rates. RBA and BoE decisions are also on next week’s agenda.

Read full analysis


EDUCATION