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EUR/USD corrects higher during the American session, remains bearish
The EUR/USD is falling on Tuesday, on its way to the lowest daily close in a month, clearly below 1.1300. The dollar remains strong ahead of the FOMC meeting and amid volatility and risk aversion across financial markets.
GBP/USD consolidates daily losses near mid-1.3400s
GBP/USD fell to its weakest level in three weeks below 1.3450 on Tuesday and seems to be having a difficult time staging a convincing rebound. Safe-haven flows continue to dominate the financial markets following the mixed data releases from the US.
Gold hits levels above $1850 for the first time in two months and retreats
A quick drop in US yields boosted XAU/USD that jumped from $1840 to $1853, reaching the highest level since November 19. It then pulled back all the way to $1840 and now is approaching the $1850 area again.
Shiba Inu hits point of max pain, targets $0.000035
A brief technical and on-chain analysis on Shiba Inu price. FXStreet's analysts evaluate why SHIB could have bottomed out.
Activision Blizzard dips lower ahead of Microsoft earnings call
Activision Blizzard could see its games thrust into the mainstream spotlight. Microsoft is set to release its FY2022 Q2 earnings on Tuesday after the close.