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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. Important: We have experiencing technical problems with our links, so you need to use this direct link today to enjoy Ed's webinar: https://fxstreet.webex.com/fxstreet/onstage/g.php?t=a&d=956400370 The password will be: 1234pwLatest Live Videos
Editors’ Picks
EUR/USD holds steady near 1.0800 ahead of key events
EUR/USD stays in a consolidation phase at around 1.0800 early Tuesday after closing in positive territory on Monday. Market participants await ZEW sentiment data from Germany and the EU, producer inflation data from the US and Fed Chairman Powell's speech.
GBP/USD trades at around 1.2550 after UK jobs data
GBP/USD struggles to build on Monday's gains and hovers around 1.2550 in the European session on Tuesday. The data from the UK showed that the Unemployment Rate edged higher to 4.3% in the three months to March as forecast, failing to trigger a reaction.
Gold price edges higher ahead of US PPI data, Fed’s Powell speech
The gold price (XAU/USD) rebounds despite the consolidation of the US Dollar (USD) on Tuesday. The upside of yellow metal might be limited as traders might wait on the sidelines ahead of key US inflation data this week.
Top meme coins post gains following increased social activity amid GameStop pump
Meme coins in the crypto market saw impressive gains on Monday following a recent surge in GameStop stock. The increased attention surrounding these tokens signifies a potential resumption of the meme coin frenzy of March.
Entering a crucial run of data for financial markets
We are entering a crucial period for financial markets and forecasters as Americans' near-term inflation expectations rise again. Upcoming reports on the CPI and PPI for April, along with new data on retail sales and industrial production, will provide valuable insights.