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Editors’ Picks

EUR/USD consolidates at three-week lows near 1.0800 Premium

EUR/USD consolidates at three-week lows near 1.0800

EUR/USD bottomed at 1.0775, the lowest level since November 15, and then rebounded towards 1.0800. The US Dollar remains resilient in the market despite lower yields and mixed US data. On Wednesday, more job figures are due with the ADP report and Unit Labor Costs data, ahead of Friday's NFP.

EUR/USD News

GBP/USD holds to losses around 1.2600

GBP/USD holds to losses around 1.2600

GBP/USD dropped further on Tuesday, reaching a one-week low below 1.2600 amid a stronger US Dollar. The Greenback holds firm even as the US Treasury yield slides. More US jobs data is due on Wednesday with the ADP report.

GBP/USD News


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Editors’ Picks

Gold extends slide, more pressure seen under $2,010 Premium

Gold extends slide, more pressure seen under $2,010

Following Monday's decline, Gold struggled to stage a convincing rebound and retreated below $2,020 in the second half of the day on Tuesday. Although the benchmark 10-year US Treasury bond yield is down more than 1%, renewed USD strength doesn't allow XAU/USD to limit its losses.

Gold News

Top 5 tokens trending alongside Bitcoin: ORDI, STX, LUNC, PEPE, CFX

Top 5 tokens trending alongside Bitcoin: ORDI, STX, LUNC, PEPE, CFX

Bitcoin price crossed the $41,400 level early on Tuesday. The largest cryptocurrency by market capitalization extended its gains and continued its rally, after yielding 12% weekly gains for holders. The anticipation surrounding Spot Bitcoin ETF approvals is one of the key catalysts fueling the hype among BTC holders.

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Nio Stock Earnings: NIO holds onto 3% gain despite Moody cutting China outlook

Nio Stock Earnings: NIO holds onto 3% gain despite Moody cutting China outlook

Nio (NIO) stock's initial 5% gain on Tuesday has transitioned to a 3% gain near $7.55. The Chinese electric vehicle (EV) manufacturer released third-quarter earnings that showed sales of higher margin SUVs surged 258% from the most recent quarter and 64% from a year ago. 

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