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EUR/USD drops below 1.0500 for the first time since January Premium
EUR/USD extended its decline, breaking below 1.0500 for the first time since January. The pair remains under pressure as the US Dollar strengthens. The risk-averse market environment continues to support the Greenback's upward momentum.
GBP/USD falls toward 1.2100, renews multi-month lows
GBP/USD extended its daily slide in the second half of the day toward 1.2100. Following a positive opening, Wall Street's main indexes turned south and turned negative on growing fears of a US government shutdown, lifting the US Dollar and forcing the pair to stay on the back foot.
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Editors’ Picks
Gold collapses below $1,900 as fears back the USD Premium
Gold price turned south and dropped below $1,880 for the first time since March on Wednesday. After a downward correction in the European session, the benchmark 10-year US Treasury bond yield regained traction and rose toward 4.6%, causing XAU/USD to stretch lower.
TRON Price Prediction: Can TRX trigger 30% breakout rally after multiple rejections?
TRON (TRX) price is attempting to overcome a resistance level for the third time this year. Another failure could prove costly for TRX holders, but a breakout could trigger a massive uptrend.
Dow Jones Industrial Average Forecast: Threat of US government shutdown sends DJIA even lower
The Dow Jones Industrial Average (DJIA) loses more ground on Wednesday. Anxiety is still top of mind with rebellious members of the US House of Representatives refusing to allow continuing spending bills to reach the floor for a vote.