European Monetary Union CFTC EUR NC Net Positions up to €-11.8K from previous €-36.3K

EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum.

The United Kingdom docket has the labor market report to be released by the Office for National Statistics on Tuesday, later this session at 07:00 GMT. UK Claimant Count Change for December is expected to rise by 18.8K, reflecting the number of people claiming jobless benefits. The reading was 20.1K in November. Meanwhile, the Claimant Count Rate was at 4.4% in the previous month.

Gold attracts some buyers for the second consecutive day and touches a fresh record high during the Asian session on Tuesday on the back of sustained safe-haven demand. US President Donald Trump turned the heat up and threatened to impose more tariffs against European allies amid rising tension over Greenland. 

Pi Network edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.

No trader had a US move on Greenland pencilled into their 2026 playbook. This was not a scenario lurking in the footnotes of anyone’s macro outlook. Yet here we are, with tariffs being waved like a naval blockade and diplomacy suddenly trading at a volatility premium.

Pi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.