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EUR/USD consolidates below 1.0450 after weak EU data

EUR/USD consolidates below 1.0450 after weak EU data

EUR/USD keeps its range below 1.0450 after softer Eurozone PPI and Sentix data. The US dollar struggles to find its feet amid a better risk tone and light trading conditions. Recession fears and Fed-ECB policy contrast continue to remain in play. 

EUR/USD News

GBP/USD defends bids above 1.2100 amid fresh UK political jitters

GBP/USD defends bids above 1.2100 amid fresh UK political jitters

GBP/USD is defending minor bids above 1.2100, as investors weigh another attempt to oust UK PM Johnson amid looming Brexit woes. The US dollar eases in a mildly positive risk environment. Thinner liquidity conditions will prevail amid the US holiday. 

GBP/USD News

Gold eyes $1,798 and $1,794 as next downside targets

Gold eyes $1,798 and $1,794 as next downside targets

Gold Price returns to the red zone despite weaker US Treasury yields. Markets remain cautious ahead of the Fed Minutes and an impending death cross. XAUUSD could resume sell-off below $1,800 amid light trading conditions.

Gold News

Cryptos at risk following KuCoin insolvency rumors

Cryptos at risk following KuCoin insolvency rumors

Bitcoin price has been ranging since June 18, but rumors of insolvency have been spreading on multiple popular platforms in the industry. KuCoin is at the center of bankruptcy rumors. 

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