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Editors’ Picks
EUR/USD holds comfortably above 1.1100 after German sentiment data
EUR/USD stays in daily range above 1.1100 in the European session on Tuesday. The data from Germany showed that the ZEW Survey - Economic Sentiment slumped to 3.6 in September from 19.2 in August, making it difficult for the Euro to gather strength.
GBP/USD stays firm above 1.3200, US data eyed
GBP/USD is holding small gains above 1.3200 in the European session on Tuesday. Rising bets for a 50 bps Fed rate cut keep the US Dollar on the defensive and support the pair. Traders now look to the US Retail Sales to grab short-term opportunities later this Tuesday.
Gold slumbers in $2,580s ahead of US data, Fed decision
Gold (XAU/USD) plateaus in the $2,580s on Tuesday, ahead of the release of potentially market-moving US data later in the day and the Federal Reserve (Fed) meeting on Wednesday.
Canada CPI expected to show disinflationary trend extended into July
The Canadian Consumer Price Index is expected to lose further traction in August. The Bank of Canada has reduced its policy rate by 75 bps so far this year. The Canadian Dollar seems to have embarked on a consolidative phase.
Bitcoin approaches its $56,000 support level
Bitcoin is approaching a crucial daily support level of $56,000, hinting at a possible recovery. Ethereum faced rejection from the resistance level, suggesting a downward trend with weak momentum. In contrast, Ripple has bounced above the 100-day EMA, indicating a continued upward trend.
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.