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Editors’ Picks

GBP/USD holds gains near 1.2500 after UK GDP data

GBP/USD holds gains near 1.2500 after UK GDP data

GBP/USD gathers bullish momentum and trades near 1.2500 in the European session on Thursday. Pound Sterling benefits from the improving risk mood and the upbeat UK data, which showed that the economy expanded at an annual rate of 1.4% in Q4, surpassing the market expectation of 1.1%.

GBP/USD News
EUR/USD stays strongly bid toward 1.0450 ahead of EU data

EUR/USD stays strongly bid toward 1.0450 ahead of EU data

EUR/USD continues its upward momentum for the third straight session, eyeing 1.0450 in the European session on Thursday. The pair draws support from the unabated US Dollar selling in anticipation of an end to the Russia-Ukraine war. EU and US data also remain in focus. 

EUR/USD News
Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets

Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets

Gold price attracts buyers for the second straight day amid a combination of supportive factors. Concerns about Trump’s trade tariff and a modest USD weakness underpin the XAU/USD pair.

Gold News
Ripple's XRP eyes a recovery as investors switch toward accumulation

Ripple's XRP eyes a recovery as investors switch toward accumulation

Ripple's XRP is up 2% in the early Asian session on Thursday following rising accumulation among investors and a potential bottom signal in the MVRV Ratio.

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How the European Union could counter US tariffs

How the European Union could counter US tariffs

With Trump ordering a 25% import tax on all steel and aluminium entering the US, trade tensions are inching closer to Europe. We take a closer look at how European policymakers could react. Spoiler alert: it's complicated.

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