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Editors’ Picks

EUR/USD recaptures 1.0750 as USD wilts ahead of US PCE Inflation

EUR/USD recaptures 1.0750 as USD wilts ahead of US PCE Inflation

EUR/USD remains strongly bid near weekly highs above 1.0750 amid notable US dollar supply and risk-on flows. Shrinking Fed vs. ECB divergence appears the key catalyst to recall bulls, US PCE inflation eyed. 

EUR/USD News

GBP/USD exceeds 38.2% Fibo retracement and 200-EMA, 1.2700 eyed

GBP/USD exceeds 38.2% Fibo retracement and 200-EMA, 1.2700 eyed

The GBP/USD pair is sensing a mild selling pressure near 1.2660 after a vertical upside move in the Asian session. The cable has remained in the grip of bulls after hitting the monthly lows at 1.2155. A two-day winning streak has been continued by the pound bulls on Friday after overstepping Thursday’s high at 1.2621.

GBP/USD News

Gold approaches $1,870 hurdle as USD slides ahead of US PCE Inflation

Gold approaches $1,870 hurdle as USD slides ahead of US PCE Inflation

Gold Price (XAU/USD) marks another bounce off the 200-DMA as bulls flirt with the $1,855 during Friday’s Asian session. In doing so, the bullion prices print the first daily gains in three while bracing for the key upside hurdle.

Gold News

Why Elon Musk’s tweet failed to move Dogecoin price

Why Elon Musk’s tweet failed to move Dogecoin price

Dogecoin price continues to produce lower lows on a four-hour time frame. As DOGE approaches the $0.073 support floor, investors can expect a decent bounce to $0.087.

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