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EUR/USD consolidates losses above 1.0800

EUR/USD consolidates losses above 1.0800

EUR/USD bottomed on Monday at 1.0803, the lowest level in three days.  The pair is consolidating recent losses, hovering around 1.0820 amid a stronger US Dollar supported by higher US yields. Market participants await key US labor market data.

EUR/USD News

Gold to remain volatile, with risks of extending pullbacks Premium

Gold to remain volatile, with risks of extending pullbacks

Gold price staged a deep correction from the record top it set near $2,150 and declined below $2,050. Recovering US Treasury bond yields and risk aversion help the USD find demand and make it difficult for XAU/USD to shake off the selling pressure.

Gold News

GBP/USD closes in on 1.2600 as mood sours

GBP/USD closes in on 1.2600 as mood sours

GBP/USD stays on the back foot and trades near 1.2600 in the American session. The US Dollar continues to find demand as a safe haven and weighs on the pair while major equity indexes in the US push lower after the opening bell.

GBP/USD News

Ethereum Price Prediction: ETH attempts to flip $2,300 into support

Ethereum Price Prediction: ETH attempts to flip $2,300 into support

Ethereum (ETH) price has been consolidating within an ascending parallel channel since the broader market turned bullish around October 18, pushing north with key drivers including speculation of spot Ether exchange-traded funds (ETFs) launching in the market.

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The week ahead – US Nonfarm Payrolls, RBA and BoC in spotlight

The week ahead – US Nonfarm Payrolls, RBA and BoC in spotlight

Last month’s October jobs report was the first one this year when the headline number came in below market expectations, though not by enough to raise concerns over the resilience of the US economy. 

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