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Summary

In this second session of the day with Ed Ponsi, just at the market US opening bell, we will continue our real-time, interactive technical and fundamental analysis of the Forex markets. Together we will view and analyze live charts and news, uncover opportunities for upcoming trades, and answer your questions.
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Editors’ Picks

EUR/USD holds steady above 1.0750 ahead of Fedspeak

EUR/USD holds steady above 1.0750 ahead of Fedspeak

EUR/USD fluctuates in a relatively tight channel above 1.0750 to start the new week. In the absence of high-tier data releases, investors will scrutinize comments from central bank officials. Later in the week, inflation data from the US could trigger a big reaction.

EUR/USD News

GBP/USD hovers above 1.2500, focus on UK labor data

GBP/USD hovers above 1.2500, focus on UK labor data

GBP/USD struggles to gain traction and fluctuates slightly above 1.2500 in the European session on Monday. Ahead of Tuesday's labor market data from the UK and April inflation report from the US on Wednesday, investors will keep a close eye speeches from central bankers.

GBP/USD News

Gold price trades on a negative note, eyes on Fedspeak

Gold price trades on a negative note, eyes on Fedspeak

Gold price trades on a negative note on Monday during the Asian session. The hawkish remarks from the Fed and growing speculation that the Fed might delay its easing plans have boosted the Greenback and dragged the USD-denominated gold lower. 

Gold News

Here’s what needs to happen for The Graph price to revisit $0.422

Here’s what needs to happen for The Graph price to revisit $0.422

The Graph price consolidation below a key hurdle shows that it is ready for a volatile move. With GRT retesting the upper limit of its rangebound movement, chances of an upside breakout are high.

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Waiting for US inflation to give fresh direction

Waiting for US inflation to give fresh direction

China continues to struggle with its own demons. Released during the weekend, the data showed that CPI rose, PPI contracted and the aggregate financing in China fell for the first time in history on the back of slower government bond issuance.

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