Switzerland Trade Balance declined to 3841M in November from previous 4319M
Author

FXStreet Team
FXStreet
Author

FXStreet Team
FXStreet
EUR/USD rebounds after two days of losses, holding around 1.1800 in European trading on Tuesday. The pair benefits from a broad US Dollar retreat as markets weigh the partial government shutdown-led economic data disruption against the geopoltical de-escalation.
GBP/USD is consolidating its recent uptick to near 1.3710 in the European session on Tuesday. The Pound Sterling pares gains against the US Dollar as the market mood turns cautious. Meanwhile, traders resort to repositioning ahead of the Bank of England's first policy decision of 2026.
Gold recovers further from its lowest level since January 6 and challenges the $4,950 mark in the European session on Tuesday. The US Dollar edges lower and moves away from an over one-week high, assisting the commodity to regain positive traction following a steep decline over the past two days.
Zilliqa price is extending its gains, rallying over 20% to $0.006 on Tuesday after soaring nearly 34% the previous day. The upcoming Cancun upgrade this week is boosting investor sentiment, despite broader weakness in the crypto market. ZIL continues to attract strong buying interest, supported by rising trading activity and improving derivatives metrics.
In the headlines, geopolitical have overshadowed an otherwise benign macro environment in early 2026. While market jitters around the US intervention in Venezuela and the sudden tariff threats over the control of Greenland faded quickly, the events have left a sense of unease of what might come next.