Is Cable going to break below the key support?

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Editors’ Picks

AUD/USD awaits RBA Meeting Minutes for direction

AUD/USD awaits RBA Meeting Minutes for direction

The AUD/USD pair retreated from above 0.6700 and trades around 0.6670 early in Asia, following clues from Gold price in the absence of other news. Australia will publish Westpac Consumer Confidence and RBA Minutes early on Tuesday.

AUD/USD News

EUR/USD consolidates ahead of 1.0900

EUR/USD consolidates ahead of 1.0900

The EUR/USD pair failed to grab speculative interest’s attention on Monday and consolidated at around 1.0860. Federal Reserve officials keep flooding the news, but so far, failed to spur some action.

EUR/USD News

Gold retreated from record highs, maintains the upward bias

Gold retreated from record highs, maintains the upward bias

Gold rose sharply at the beginning of the week on escalating geopolitical tensions and touched a new all-time high of $2,450. With market mood improving modestly, XAU/USD erases a majority of its daily gains but manages to hold above $2,400.

Gold News

Ethereum poised for high volatility as SEC may ‘slow play S-1s’ filings

Ethereum poised for high volatility as SEC may ‘slow play S-1s’ filings

Ethereum's (ETH) price movement on Monday reveals traders' uncertainty following Grayscale CEO's departure and expectations that the Securities & Exchange Commission (SEC) would deny applications for spot ETH ETFs this week.

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Signed into law: Alabama abolishes income taxes on Gold and Silver

Signed into law: Alabama abolishes income taxes on Gold and Silver

On May 14, 2024, Alabama Governor Kay Ivey signed a bill that removes all income taxes on capital gains from the sale of gold and silver, enabling the state to take an important step forward in reinforcing sound money principles.

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