Forex News
Join TelegramLatest News
TOP BROKER
Broker promotions
Editors’ Picks
EUR/USD holds steady below 1.0800 ahead of EU data
EUR/USD is holding steady just shy of the 1.0800 mark in the early European morning. The US Dollar is consolidating the upside amid a cautious market tone, as investors assess Friday's US NFP blowout and hawkish Fed expectations. Eurozone data coming up next.
GBP/USD attempts to cross 1.2050, downside looks likely amid US-China tensions
The GBP/USD pair has attempted to extend its rebound move above the critical resistance of 1.2050 in the Tokyo session. The Cable gauged an intermediate cushion around 1.2000 amid subdued performance by the US Dollar Index (DXY).
UPCOMING CALENDAR EVENTS
REAL-TIME RATES
Editors’ Picks
Gold bulls need validation from $1,905
Gold price rebounds from monthly low, grinding higher around intraday tops surrounding $1,878 heading into Monday’s European session. In doing so, the yellow metal snaps a two-day downtrend amid the sluggish US Dollar.
Is this the beginning of the end for bulls?
Bitcoin is the glue that is holding this 2023 bull run intact for Ethereum, Ripple and other altcoins. But chinks in BTC bulls’ armor are beginning to show, therefore, investors need to be cautious of a sudden reversal.
The Week Ahead - RBA rate meeting, UK Q4 GDP and earnings
Back in November the RBA hiked rates by a less than expected 25bps, amidst concern about the effects recent rate hikes were having on the Australian economy and ergo the housing market.