The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1225, as against the previous day's fix of 7.1201 and 7.2587 Reuters estimates.
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FXStreet
Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.
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.
GBP/USD holds ground after registering modest gains in the previous session, trading around 1.3430 during the Asian hours on Tuesday. The pair moves little as traders adopt caution ahead of labor market data from the United Kingdom due later in the day. Focus will shift toward the UK Consumer Price Index and Retail Sales figures for December later in the week.
Gold price edges higher to near $4,670 during the early Asian session on Tuesday. The precious metal is set to hit a fresh record high as traders flock to safe-haven assets amid a persistent geopolitical and economic outlook.
Altcoins, including Midnight, Tezos, and Quant, outpace the broader cryptocurrency market in 24-hour gains at the time of writing on Tuesday. Monday’s rebounds in NIGHT, XTZ, and QNT face headwinds near crucial moving averages, capping the gains.
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.
Meme coins, such as Dogecoin, Shiba Inu, and Pepe, extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.
