We come into the new week dealing with an ugly Friday session of trade in which risk assets took a beating. Worry around the outlook for the global economy was already running high before investors turned their attention to the US jobs report.

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EUR/USD drops toward 1.1050, as US Dollar resumes recovery

EUR/USD drops toward 1.1050, as US Dollar resumes recovery

EUR/USD is falling back toward 1.1050 in the European session on Monday. Renewed US Dollar buying amid a cautious market mood fuels a fresh leg down in the pair. A potential ECB rate cut this week could also keep the pair on the back foot. EU Sentix data eyed. 

EUR/USD News
GBP/USD remains pressured near 1.3100 amid cautious mood

GBP/USD remains pressured near 1.3100 amid cautious mood

GBP/USD extends its downbeat momentum below 1.3100 in European trading on Monday. The pair is weighed down by resurgent demand for the US Dollar, as traders stay cautious due to US slowdown concerns, ahead of the key inflation data later this week. 

GBP/USD News
Gold price remains depressed below $2,500 amid stronger USD, downside seems limited

Gold price remains depressed below $2,500 amid stronger USD, downside seems limited

Gold price (XAU/USD) attracts some sellers for the second straight day on Monday and lanugishes below the $2,500 psychological mark through the Asian session. 

Gold News
Bitcoin risks further decline below $54,000

Bitcoin risks further decline below $54,000

Bitcoin hovers around the $54,000 support level; a firm close below would suggest a decline ahead while Ethereum and Ripple prices approach their key resistance levels; rejection would suggest continuing the downward trend.

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Week ahead: ECB poised to cut again, US CPI to get final say on size of Fed cut

Week ahead: ECB poised to cut again, US CPI to get final say on size of Fed cut

ECB is expected to ease again, but will it be another ‘hawkish cut’? US CPI report will be the last inflation update before September FOMC. UK monthly data flurry begins with employment and GDP numbers.

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Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

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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