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EUR/USD keeps the bullish tone around 1.1260
EUR/USD now manages to regain upside impulse and revisits the 1.1260 zone on Tuesday. The resurgence of the selling pressure continues to hurt the US Dollar amid fresh concerns over the US economy and unabated uncertainty stemming from the US trade policy.
GBP/USD pulls away from daily highs, trades below 1.3350
GBP/USD declines after rising toward 1.3400 earlier in the day and trades below 1.3350 in the American session. The US Dollar holds its ground following Monday's slide, causing the pair to stretch lower. Ahead of Wednesday's UK inflation data, investors will pay close attention to comments from central bankers.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold clings to small daily gains above $3,200
Gold fluctuates in a narrow channel above $3,200 on Tuesday after posting small gains to start the week. While the risk-averse market atmosphere helps XAU/USD hold its ground, the Fed's cautious tone on policy easing doesn't allow the pair to gain traction.
Bitcoin fails to reach all-time high despite building institutional and state support
Bitcoin price stabilizes around $105,200 on Tuesday, just 4% shy of its all-time high at $109,588. JPMorgan CEO Jamie Dimon says the bank will let clients buy Bitcoin.The Texas House is set to conduct a second reading of a bill that, if passed, would establish a Bitcoin Reserve.
Ripple Price Forecast: Debut of cash-settled XRP futures on CME fails to trigger rally
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.