Forex News
Latest News
Broker promotions
Editors’ Picks
EUR/USD extends losses toward 1.0500 as focus shifts to US ISM PMI
EUR/USD stays under bearish pressure and declines toward 1.0500 on Monday. The pair is dragged down by dovish ECB-speak, French political woes and a firmer US Dollar following Trump tariffs threat on BRICS. Investors now await US ISM Manufacturing PMI data.
GBP/USD stabilizes above 1.2700, struggles to gain traction
GBP/USD trades in negative territory, while managing to hold above 1.2700 on Monday. The pair's upside remains limited amid a pickup in the haven demand for the US Dollar, as traders remain wary over the latest Trump tariffs threat on BRICS nations. US ISM PMI is next in focus.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold stays below $2,650 on broad-based USD strength
Gold starts the new week on the back foot and trades below $2,650. The renewed US Dollar strength and the recover seen in the US Treasury bond yields don't allow the pair to stage a rebound as investors' focus shifts to US PMI data.
The week ahead: Payrolls take centre stage, as French government poised to collapse
At the start of this week, the focus is likely to be on France. On Sunday, Marine Le Pen said that her party’s talks with the government led by Michel Barnier, had broken down, which paves the way for a no-confidence vote in the technocratic government that has no majority in Parliament.
Ripple's XRP crosses $100 billion market cap following high expectations for its stablecoin and ETF approvals
Ripple's XRP rallied near the $2 mark on Friday after rumors of New York regulators approving the company's RLUSD stablecoin surfaced. The growing demand for an XRP exchange-traded fund could also accelerate its launch in 2025.