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Markets
Gold jumps to record highs amid Fed turmoil and rising geopolitical risks
Gold (XAU/USD) kicks off the week with strong upward momentum, surging to fresh record highs near the $4,600 psychological mark as renewed concerns over Federal Reserve (Fed)…
EUR/GBP recovery stalls below 0.8700 despite upbeat Eurozone data
The Euro posts minor losses against the British Pound on Monday, trading at 0.8670 at the time of writing, after failing to break resistance at 0.8690 for the second time over the…
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EUR and SEK seen as potential beneficiaries – ING
Despite limited euro-zone data and muted European Central Bank (ECB) messaging, EUR/USD could move toward 1.16 and potentially 1.17–1.1750 if concerns over Fed political risk ease,…
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Tests 50-day EMA support after breaking below 99.00
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after four days of gains and trading around 98.80 during…
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EUR/CAD climbs above 1.6200 as ECB holds rates
EUR/CAD extends its gains for the second successive session, trading around 1.6210 during the European hours on Monday. The currency cross advances as the Euro (EUR) gains support…
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XAG/USD rises to near $84.50 within overbought zone
Silver price (XAG/USD) gains ground for the second consecutive day, trading around $84.30 per troy ounce during the early European hours on Monday. The technical analysis of the…