- EUR/USD
Current level - 1.1203
A new challenge of the 1.1150 support is expected. If successful, the pair will be heading downwards. The intraday resistance is ranging around 1.1121-1.1200.
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EUR/USD rebounds above 1.0850 as USD weakens after PMI data
EUR/USD gains traction and trades at fresh daily highs above 1.0850 on Monday. The disappointing ISM Manufacturing PMI data from the US weighs on the US Dollar and helps the pair stretch higher in the American session.
GBP/USD advances toward 1.2800 as USD slides
GBP/USD gathers bullish momentum and advances toward 1.2800 in the second half of the day on Monday. The US Dollar faces strong selling pressure following the weaker-than-forecast ISM Manufacturing PMI data, fuelling the pair's rally.
Gold rebounds above $2,340 as US yields push lower
Gold extends its recovery and trades above $2,340 in the American session. The benchmark 10-year US Treasury bond yield loses nearly 2% on the day below 4.5% following the disappointing PMI data, providing a boost to XAU/USD.
Bitcoin’s momentum poise to propel crypto market
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