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Editors’ Picks

EUR/USD retreats after its first attempt to break above 1.2000

EUR/USD trades around 1.1940 after failing to break above the psychological threshold. Bulls retain control and would likely challenge the level once again.


USD/JPY climbs to fresh daily highs near 104.40 as DXY rebounds toward 92.00

The USD/JPY pair dropped to a fresh weekly low of 103.83 on Monday but reversed its direction during the American trading hours. As of writing, the pair was trading at 104.35, gaining 0.27% on a daily basis.


GBP/USD eyes retest of daily lows as US dollar picks up in pre-Asia trade

GBP/USD has moved back to the lower bounds of its intra-day range amid a renewed wave of broad USD strength. Still, GBP/USD managed to close Monday FX trade with gains of around 10 pips or 0.15%. The US dollar continued its fightback right into the close of Monday FX trade.


Gold: Wobbles near five-month low below $1,800 as Powell, Mnuchin weigh on risks

Gold prices seesaw around $1,77/78 during the early Tuesday morning in Asia. The yellow metal dropped to the lowest since July the previous day before bouncing off $1,764.73. Economic fears, need for stimulus raise bars for the bull’s entry.

Gold news

WTI holds $45 as OPEC+ postpones output cut decision to Thursday

WTI keeps recovery moves from $44.51 despite multiple failures to regain $46.00. The oil benchmark dropped to the one week low on the previous day amid the US dollar recovery.

Oil News