Forex News
Latest News
Broker promotions
Editors’ Picks
EUR/USD drops below 1.0850, focus shifts to US ISM PMI
EUR/USD is on the defensive below 1.0850 in the European session on Monday. A broad-based US Dollar rebound acts as a headwind to the pair, as attention turns toward the US ISM PMI due later in the American morning.
GBP/USD stays weak near 1.2700 ahead of US ISM PMI
GBP/USD is under moderate selling pressure near 1.2700 in the European trading hours on Monday. A modest US Dollar uptick weighs on the pair, despite an upbeat mood. Investors await the US ISM Manufacturing PMI data for fresh guidance.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold rolls over, failing to sustain PCE-related spike
Gold (XAU/USD) slides lower to trade in the $2,320s on Monday as a positive risk-on environment inherited from the Asian session lowers safe-haven demand for the metal.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin’s momentum poise to propel crypto market
Bitcoin price consolidates in a symmetrical triangle pattern, showing directional bias. Ripple also follows BTC’s footsteps as it continues on its 50-day consolidation streak. Ethereum price, on the other hand, shows signs of an incoming correction.
Bumper week of event risk ahead
Featuring two central bank updates – the Bank of Canada and the European Central Bank – a slew of job numbers out of the US and Aussie GDP growth data, the first full week of June is poised to be eventful.