In less than 24 hours, the FOMC meets to release many potentially significant market moving announcements. Merlin takes a look at the releases and offers words of advice on how to trade them. He also takes a look at the Dollar, Euro, Pound and other currencies which will be impacted by the announcements.
Editors’ Picks
EUR/USD drifts around 1.0800 ahead Germany's IFO survey
EUR/USD keeps its sidetrend intact at around 1.0800 in the European morning on Tuesday. A tepid risk sentiment and a subddued US Dollar amid US tariffs uncertainty and US-Russia talks leave the pair in limbo ahead of the German IFO survey.
GBP/USD trades with caution above 1.2900, with eyes on tariffs, geopolitics
GBP/USD treads water above 1.2900 in Tuesday’s European session. The pair struggles amid a downbeat market mood as trades turn cautious amid a lack of clarity on US tariffs, anticipating the outcome of the US-Rusisa talks on Ukraine peace deal. US data and Fedspeak are also in focus.
Japanese Yen sticks to modest intraday gains against USD amid divergent BoJ-Fed bets
The Japanese Yen sticks to positive bias through the early European session in the wake of hawkish Bank of Japan minutes, which showed that policymakers discussed under what conditions the central bank should raise interest rates further.
Editors’ Picks
EUR/USD drifts around 1.0800 ahead Germany's IFO survey
EUR/USD keeps its sidetrend intact at around 1.0800 in the European morning on Tuesday. A tepid risk sentiment and a subddued US Dollar amid US tariffs uncertainty and US-Russia talks leave the pair in limbo ahead of the German IFO survey.
GBP/USD trades with caution above 1.2900, with eyes on tariffs, geopolitics
GBP/USD treads water above 1.2900 in Tuesday’s European session. The pair struggles amid a downbeat market mood as trades turn cautious amid a lack of clarity on US tariffs, anticipating the outcome of the US-Rusisa talks on Ukraine peace deal. US data and Fedspeak are also in focus.
Gold price trades with modest gains above $3,000; positive risk tone could cap gains
Gold price edges higher and snaps a three-day losing streak amid a softer USD. Bets that the Fed will resume its rate-cutting cycle soon also support the bullion. Traders now look to Tuesday’s US macro data and Fed speak for a fresh impetus.
Cronos rallies 17% ahead of its zkEVM v26 Mainnet upgrade
Cronos, the token for the Crypto.com platform, extends its gain by 17% and trades around $0.11 on Monday after surging nearly 18% the previous day.
Seven Fundamentals for the Week: Tariff news, fresh surveys, the Fed's preferred inflation gauge are eyed Premium
Reports and rumors ahead of Trump’s reciprocal tariffs announcement next week will continue moving markets. Business and consumer surveys will try to gauge where the US economy is heading. Core PCE, the Fed's preferred inflation gauge, is eyed late in the week.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.