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EUR/USD rises toward 1.0850 as USD struggles to recover

EUR/USD rises toward 1.0850 as USD struggles to recover

EUR/USD has regained its traction and rose to the 1.0850 area after having retreated toward 1.0800 earlier in the session. The US Dollar struggles to stage a decisive rebound despite upbeat consumer confidence data from the US, allowing the pair to continue to push higher.

EUR/USD News

GBP/USD advances to fresh daily highs near 1.2350

GBP/USD advances to fresh daily highs near 1.2350

Following a correction to the 1.2300 area, GBP/USD reversed its direction and advanced toward 1.2350. Although Wall Street's main indexes are trading mixed on Tuesday, the US Dollar stays on the back foot and helps the pair gather bullish momentum.

GBP/USD News

Gold: XAU/USD grinds north above $1,950 Premium

Gold: XAU/USD grinds north above $1,950

Spot gold trades near a daily high of $1,970.03 a troy ounce, as broad US Dollar weakness helped the metal recover some ground. XAU/USD trimmed half of its Monday’s losses, although a better market mood subdued demand for the bright metal.

Gold News

Ethereum (ETH) options traders turn bearish ahead of the token unlock

Ethereum (ETH) options traders turn bearish ahead of the token unlock

Ethereum is holding steady above the $1,700 level despite slight bearish sentiment among options traders. Analysts have noted a rise in open interest in Ethereum, as co-founder Lubin assures that the altcoin is not a security. 

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S&P 500: With banking crisis in rear view, market pushes index closer to 4,000

S&P 500: With banking crisis in rear view, market pushes index closer to 4,000

The S&P 500 on Monday moved ahead cautiously without much fanfare after the US government agreed to sell $72 billion worth of Silicon Valley Bank assets to First Citizens Bank (FCNCA). 

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