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Editors’ Picks
EUR/USD clings to recovery gains below 1.0800, US data awaited
EUR/USD is trading under 1.0800, holding the recovery from three-week lows in European trading on Thursday. The pair defends gains amid sustained US Dollar softness as traders digest latest tariff threats from US President Trump. Traders also resort to repositioning ahead of Friday's US PCE inflation data.
Gold just a sigh away from fresh all-time high on Thursday
Gold price sprints higher on Thursday, gaining around 0.70% gains, trading at $3,040 at the time of writing. The pop in the precious metal was infused by U.S. President Donald Trump, who issued fresh new tariffs. Trump signed a proclamation for a 25% tariff on auto imports on Wednesday.
GBP/USD holds gains above 1.2900 on US Dollar weakness
GBP/USD trades with positive bias above 1.2900 in Thursday’s European session. The pair holds the uptick amid persistent US Dollar weakness as fresh Trump tariff threats rekindle US economic slowdown concerns. Focus remains on tariff updates and mid-tier US data.
Curve DAO rallies as developer activity hits new ATH
Curve DAO (CRV) price extends its gains by 8% and trades above $0.58 at the time of writing on Thursday, rallying over 15% so far this week.
Auto tariffs dominate, can European stocks maintain their lead over the US?
Tariffs are yet again dominating market sentiment. European stocks have opened sharply lower after President Trump announced a 25% levy on imports of cars and car parts coming into the US.