Forex News
Latest News
Broker promotions
Editors’ Picks
AUD/USD holds gains near 0.7000 amid PBOC's status-quo, Gold price surge
AUD/USD is clinging to mild gains near 0.7000 early Monday. The pair benefits from a risk-on market profile, China's steady policy rates and surging Gold and Copper prices. Focus now remains on Fedspeak for fresh impetus.
Gold eyes $2,450 and Fedspeak for a sustained uptrend
Gold price is off a new lifetime high at $2,441 but looks to extend Friday’s upswing at the start of the week on Monday. The US Dollar is struggling alongside the US Treasury bond yields, as risk sentiment remains in a sweeter spot on China’s stimulus measures.
UPCOMING CALENDAR EVENTS
Editors’ Picks
EUR/USD grinds higher toward 1.0900, Fedspeak eyed
EUR/USD is edging higher toward 1.0900 early Monday, helped by a better market mood. The pair also draws support from softer US Dollar and US Treasury bond yields, awaiting Fedspeak amid light European trading.
Week Ahead: Ethereum and DeFi to come under spotlight this week Premium
Bitcoin’s attempt at a comeback has stirred the pot, causing altcoins to become volatile again. With the US Securities and Exchange Commission set to make its decision on Ethereum ETFs this week, some sectors of altcoins might see higher liquidity and volatility than others.
Week ahead: Flash PMIs, UK and Japan CPIs in focus. RBNZ to hold rates
After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.