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United States ADP Employment Change 4-week average down to 7.75K in January 3 from previous 8K
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EUR/USD picked up where it left off on Monday, climbing toward the 1.1960 area for the first time since June 2021. The renewed push higher comes as demand for the US Dollar continues to fade in a context still favourable to the risk complex, with investors once again focusing on tariff-related risks tied to the White House.
GBP/USD is pushing to fresh multi-month highs, approaching the 1.3800 mark, with broad-based US Dollar weakness firmly in control on Tuesday. The Greenback remains under pressure after fresh headlines suggested President Trump has reignited the trade war, denting confidence in the currency ahead of the Federal Reserve’s policy decision.
Gold remains firmly bid on Tuesday despite giving away some of its earlier gains and edge back toward the $5,050 region per troy ounce. The precious metal continues to find support from a struggling US Dollar, alongside persistent uncertainty surrounding trade policy and broader geopolitical risks.
Bitcoin (BTC) trades near $88,000 at press time on Tuesday, after reaching an intraday high of $89,010, and reflects an ease in buying pressure after Monday’s 2% rise.
US President Donald Trump ramped up trade tensions with South Korea yesterday after stating that Seoul is ‘not living up to its deal with the US’, as shown below via his Truth Social platform.
Ripple (XRP) is trading around $1.88 at the time of writing on Tuesday, correcting from the previous day’s high of $1.95. The cross-border remittance token remains under immense pressure amid a weak technical structure.
