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EUR/USD holds steady near 1.1550 after US data
EUR/USD remains range-bound at around 1.1550 in the American session on Tuesday. The cautious market stance supports the US Dollar despite the disappointing Retail Sales data, making it difficult for the pair to gain traction.
GBP/USD retreats below 1.3550 on modest USD strength
GBP/USD remains on the back foot and trades slightly below 1.3550 in the second half of the day on Tuesday. The risk-averse market atmosphere amid Middle East tensions helps the USD stay resilient against its peers, causing the pair to stretch lower.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold fluctuates below $3,400 as traders turn reluctant ahead of Fed
Gold continues to fluctuate in a relatively tight range below $3,400 in the American session on Friday. Traders remain reluctant to take large positions ahead of the Federal Reserve's policy decisions, while keeping a close eye on headlines surrounding the Iran-Israel conflict.
Bitcoin falls slightly as Trump calls security advisors to deal with Iran-Israel war
Bitcoin price declines slightly to around $106,000 on Tuesday following a mild recovery the previous day. Donald Trump leaves the G7 summit early to return to Washington and meet with his national security team.
Hyperliquid risks breaking $40 support after correction from all-time high
Hyperliquid risks breaks below $40.00 support after reaching new record highs of $45.72 on Monday. Increasing volumes, coupled with a sharp decline in the derivatives market's Open Interest, suggest a decline in interest in HYPE as liquidations mount.