NZD/JPY Exchange rate

EUR/USD is extending gains above 1.0400 in the European trading hours on Tuesday. The sustained US Dollar weakness and profit-taking ahead of the Eurozone inflation data underpin the pair. US ISM Services PMI and Job Openings data are also awaited. 

GBP/USD strengthens its bid tone and eyes 1.2600 in Tuesday's European session. The pair's advance is driven by a broadly subdued US Dollar and a mildly positive market mood heading into the US economic data releases. 

Gold price attracts haven flows amid worries about Trump’s tariff plans. The Fed’s hawkish stance and elevated US bond yields cap the XAU/USD. Traders keenly await FOMC minutes and US NFP releases later this week. 

Injective price extends its gains for the seventh day in a row, trading above $26 on Tuesday after rallying more than 25% the previous week. The announcement of the INJ 3.0 upgrade on Sunday, which focuses on significantly decreasing the token supply, could further fuel the ongoing rally.

Did the US economy enjoy a strong finish to 2024? That is the question in the first full week of trading in 2025. The all-important NFP stand out, but a look at the Federal Reserve and the Chinese economy is also of interest.