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Editors’ Picks

EUR/USD holds steady below 1.0600 ahead of PMIs, Powell

EUR/USD holds steady below 1.0600 ahead of PMIs, Powell

EUR/USD is consolidating in a narrow range below 1.0600 in early Europe on Monday. The pair keeps its calm amid a steady US Dollar, higher US Treasury bond yields and a cautious mood. US ISM PMI and Powell's speech in focus. 

EUR/USD News

GBP/USD struggles around 1.2200, awaits central banks' speakers

GBP/USD struggles around 1.2200, awaits central banks' speakers

GBP/USD is trading around 1.2200, struggling to gain any meaningful traction in the European trading on Monday. The risk-on impulse is seen undermining the safe-haven USD and lending support to the major. US PMI, BoE and Fed speeches awaited. 

GBP/USD News


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Editors’ Picks

Gold price consolidates near multi-month low, awaits US ISM PMI and Fed Chair Powell’s speech

Gold price consolidates near multi-month low, awaits US ISM PMI and Fed Chair Powell’s speech

Gold price continues losing ground for the sixth straight day and drops to a near seven-month low. Bets for further policy tightening by the Fed turn out to be a key factor weighing on the “XAU/USD”.

Gold News

Week ahead: Fed speech and NFP likely to dictate crypto market moves this week

Week ahead: Fed speech and NFP likely to dictate crypto market moves this week

With the start of 2023’s fourth quarter, things are finally getting interesting in crypto. While the next 12 weeks are extremely important, let’s start by focusing on what to expect this week.

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ISM Manufacturing PMI Preview: Worst for US factory activity could be over

ISM Manufacturing PMI Preview: Worst for US factory activity could be over

The ISM will publish the United States September Manufacturing PMI today. The index is expected to have ticked modestly higher to 47.7 from its previous monthly reading of 47.6. 

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