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EUR/USD attacks 1.0800 ahead of EU inflation data
EUR/USD is battling 1.0800 in the early European session on Tuesday, undermined by the latest US Dollar bounce. Traders keenly await the EU inflation data and the US jobs survey for further impetus as US President Trump's 'reciprocal tariffs' announcement looms on Wednesday.
GBP/USD treads water above 1.2900 ahead of US data, tariffs
GBP/USD is trading on the defensive while holding above 1.2900 in Tuesday's European trading. The pair loses ground amid a modest US Dollar uptick as traders resort to repositioning in the lead-up to the top-tier US economic data releases and Wednesday's tariffs announcements.
UPCOMING CALENDAR EVENTS
|
GMT
|
Event
|
Vol.
|
Actual
|
Consensus
|
Previous
|
|---|---|---|---|---|---|
| Tuesday, Apr 01 | |||||
| 05:30 |
|
-6.5%
|
|
-8.8%
Revised from -8.2%
|
|
| 06:00 |
|
0.0%
|
0.2%
|
0.4%
|
|
| 06:00 |
|
3.9%
|
|
3.9%
|
|
| 06:30 |
|
|
1.5%
|
1.3%
|
|
| 07:15 |
|
|
50.0
|
49.7
|
|
| 07:30 |
|
|
49.8
|
49.6
|
|
| 07:45 |
|
|
48.0
|
47.4
|
|
| 07:50 |
|
|
48.9
|
48.9
|
|
| 07:55 |
|
|
48.3
|
48.3
|
|
| 08:00 |
EUR
Unemployment
|
|
|
6.3%
|
6.3%
|
| 08:00 |
|
|
|
52.6
|
|
| 08:00 |
|
|
48.7
|
48.7
|
|
| 08:15 |
|
|
|
|
|
| 08:20 |
|
|
|
|
|
| 08:30 |
|
|
44.6
|
44.6
|
|
Editors’ Picks
Gold price extends bullish trend amid rising trade tensions; fresh record high and counting
Gold price continues to scale new record highs for the fourth straight day on Tuesday. Worries about the widening global trade war and geopolitical risks boost the commodity. Fed rate cut bets weigh on the USD and further benefit the non-yielding yellow metal.
PEPE could rally to double digits if it breaks above its key resistance level
Pepe memecoin approaches its descending trendline, trading around $0.000007 on Tuesday; a breakout indicates a bullish move ahead. Moreover, PEPE's long-to-short ratio supports a bullish thesis as bullish bets among the traders reach the highest over a month.
PEPE Price Forecast: PEPE could rally to double digits if it breaks above its key resistance level
Pepe (PEPE) memecoin approaches its descending trendline, trading around $0.000007 on Tuesday; a breakout indicates a bullish move ahead.