We’re coming out of a very quiet Monday session of trade in which it was mostly about mild profit taking after a strong run of Dollar weakness and equity market strength on the back of the latest dovish communication from the Fed Chair.

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EUR/USD holds steady above 1.1150 amid quiet markets

EUR/USD holds steady above 1.1150 amid quiet markets

EUR/USD is holding steady above 1.1150 in the European morning on Tuesday. The US Dollar struggles to extend recovery, supporting the pair amid a cautiously optimistic market mood. The focus shifts to mid-tier US economic data. 

EUR/USD News
GBP/USD trades around 1.3200 as USD recovery stalls

GBP/USD trades around 1.3200 as USD recovery stalls

GBP/USD is treading water at around 1.3200 in the European session on Tuesday. Easing concerns over a broader Middle East conflict check the rebound in the safe-haven US Dollar, helping the pair to stay afloat ahead of US sentiment and housing data. 

GBP/USD News
Gold needs acceptance above $2,530 for a fresh uptrend

Gold needs acceptance above $2,530 for a fresh uptrend

Gold price has entered a phase of upside consolidation above $2,500, as buyers await fresh catalysts for a fresh leg higher. The focus now shifts to the mid-tier US housing and sentiment data, as the Middle East tensions seem to ease.

Gold News
Ripple price is poised for a decline as on-chain metrics show a negative trend

Ripple price is poised for a decline as on-chain metrics show a negative trend

Ripple's price looks set to unwind most of its recent gains after it retested and failed to overcome resistance from the daily resistance level on Saturday and declined 4.23% in the next two days. At the time of writing, it trades slightly up 1% on Tuesday. 

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Three fundamentals for the week: Focus on the fragility of the US economy

Three fundamentals for the week: Focus on the fragility of the US economy Premium

US Consumer confidence data will provide a gauge of how consumers are feeling. Jobless claims are in focus after Fed Chair Powell's dovish speech. Investors will look to the core PCE index to confirm that inflation is falling.

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Moneta Markets review 2024: All you need to know

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VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

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