Forex News
Latest News
Broker promotions
Editors’ Picks
AUD/USD: Further retracement targets the 200-day SMA
The downward bias in AUD/USD remained unabated for yet another session on Tuesday, dragging spot to five-week lows and approaching the key 0.6600 neighbourhood.
EUR/USD remains vulnerable to extra pullbacks
EUR/USD retreated to multi-day lows and revisited the 1.0840 region on the back of the resumption of the buying interest in the greenback and ahead of key data releases due later in the week.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold reconquers $2,400, lacks directional momentum
Gold stages a rebound and trades above $2,400 on Tuesday after closing the fourth consecutive trading day in negative territory on Monday. The pullback seen in US Treasury bond yields help XAU/USD cling to modest daily gains despite the US Dollar's resilience.
Ripple stablecoin unlikely to invite legal trouble with SEC, XRP loses key support
Ripple (XRP), the native token of the XRP Ledger slipped under $0.60, a key psychological support for the altcoin. The two key market movers are the Securities & Exchange Commission’s (SEC) lawsuit against Ripple and the upcoming stablecoin RealUSD (RLUSD).
US S&P Global PMIs Preview: Economic expansion could struggle in July Premium
On Wednesday, S&P Global will release advanced readings for the United States (US) Purchasing Managers Indexes (PMIs) for July, a monthly survey of business activity. The survey is anticipated to indicate that US economic activity in the private sector faced mixed trends during the current month.