TRENDING:

GBP/USD

XAU/USD

Forex Today: Weekend news to spur risk-off

FXStreet Team FXStreet

What you need to know on Monday, April 27th:

The American dollar edged lower on Friday, but closed the week with gains, particularly against its European rivals. Commodity-linked currencies posted modest gains against the greenback, helped by gold soaring toward multi-year highs and a bounce in crude oil prices after collapsing to record lows.
Weekend news may introduce quite some noise. Regarding the GBP and Brexit, EU’s Chief Negotiator Michel Barnier said that negotiations have been disappointing, hinting no progress made. The UK continues to refuse to extend the transition period, despite the ongoing crisis. Over the weekend, German’s Chancellor Angela Merkel warned that the kingdom would need to extend talks.
There were market rumours about the possible death of North Korean leader, Kim Jong-Un. He was last seen on April 11, later submitted to cardiac surgery. News over the weekend reported that China sent medical experts to North Korea to advise on Kim’s health.
Crude oil prices could be affected by headlines indicating that the US government ordered Chevron to halt oil production in Venezuela by December 1. The decision may have a limited impact on Chevron's finances.
Spot gold trades near multi-year highs as easy money continues to flood the markets. Worldwide economies continue with liquidity injections to keep economies afloat throughout the crisis.
Cryptocurrency Market Update: Sunday range is a precursor for another big move

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD flatlines below 1.1800 ahead of Fed Minutes

EUR/USD struggles to find direction and continues to move sideways below 1.1800 for the second consecutive day on Tuesday as markets remain in holiday mood. Later in the American session, the Federal Reserve will publish the minutes of the December policy meeting.

GBP/USD retreats to 1.3500 area following earlier climb

GBP/USD loses its traction and trades flat on the day near 1.3500 after rising to the 1.3530 area early Tuesday. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility. The Fed will publish December meeting minutes in the late American session.

Gold aims to regain the ground lost

Gold gathers recovery momentum and advances toward $4,400 on Tuesday after losing more than 4% on Monday. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Tron steadies as Justin Sun invests $18 million in Tron Inc.

Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Legal Text

Markets move fast. We move first.

Editor's Picks

Best Brokers in 2025