A ForexTrading.TV Technical Analysis Video Alert for EURJPY
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EUR/USD clings to small gains above 1.0700 ahead of data
EUR/USD trades marginally higher on the day above 1.0700 on Tuesday after EU inflation data for April came in slightly stronger than expected. Market focus shifts to mid-tier US data ahead of the Fed's policy announcements on Wednesday.
GBP/USD recovers to 1.2550 despite US Dollar strength
GBP/USD is recovering losses to trade near 1.2550 in the European session on Tuesday. The pair rebounds despite a cautious risk tone and broad US Dollar strength. Investors await macroeconomic data releases from the US.
Gold extends daily slide toward $2,310 ahead of US data
Gold stays under bearish pressure and declines toward $2,310 on Tuesday. The benchmark 10-year US Treasury bond yield holds steady at around 4.6% ahead of US data, making it difficult for XAU/USD to stage a rebound.
XRP hovers above $0.51 as Ripple motion to strike new expert materials receives SEC response
Ripple (XRP) trades broadly sideways on Tuesday after closing above $0.51 on Monday as the payment firm’s legal battle against the US Securities and Exchange Commission (SEC) persists.
Mixed earnings for Europe as battle against inflation in UK takes step forward
Corporate updates are dominating this morning after HSBC’s earnings report contained the surprise news that its CEO is stepping down after 5 years in the job. However, HSBC’s share price is rising this morning and is higher by nearly 2%.