EUR/CHF Exchange rate

EUR/USD is defending minor bids below 1.1050 in the European session on Tuesday. Reduced bets for a 50 bps Fed rate cut support the US Dollar amid a cautious mood while the Euro struggles to gain traction on dovish ECB expectations.

GBP/USD consolidates latest gains below 1.3100 in European trading on Tuesday. The UK ILO Unemployment Rate edged lower to 4.1% in the three months to July, as forecast, and lifted the Pound Sterling but the sustained US Dollar strength checks the GBP/USD upside.  

Gold is exchanging hands at around the $2,500 mark on Tuesday, sticking within its familiar range of the last few weeks as traders assess the outlook for monetary policy and the future path of interest rates in the US, a key performance indicator for Gold. 

For the past two years, equity traders have been closely monitoring inflation reports, particularly the Consumer Price Index (CPI), as a key indicator of the Federal Reserve’s approach to managing the economy.

Dogecoin is up more than 8% on Monday, as it's leading the entire meme coin sector on a rebound. The top meme coin could see a massive rally if it completes a key move within a falling wedge.