During today's TradeGATEHub Live Trading session, USDCAD is just 47 pips away from a $1.36 breakdown. Coach discusses the Euro's trajectory, Cable reversing off 1.26 support, and TLT approaching a test of a falling wedge breakout.

 

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EUR/USD climbs above 1.0800 as weak PMI data weighs on USD

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EUR/USD preserves its bullish momentum and trades at its highest level in nearly three weeks above 1.0800 in the American session. The US Dollar stays under heavy selling pressure following the disappointing ADP and PMI data, fuelling the pair's rally.

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GBP/USD extends rally toward 1.2800 as USD selloff continues

GBP/USD extends rally toward 1.2800 as USD selloff continues

GBP/USD continues to push higher toward 1.2800 and trades at its highest level since mid-June on Wednesday. The disappointing ISM Services PMI data from the US weighs heavily on the US Dollar and allows the pair to target new multi-week tops.

GBP/USD News

Gold jumps above $2,360 after dismal US data

Gold jumps above $2,360 after dismal US data

Gold gathers bullish momentum and trades at its highest level in nearly two weeks above $2,360. Following the disappointing ADP Employment Change and ISM Services PMI data from the US, the 10-year US yield declines sharply, helping XAU/USD extend its daily rally.

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Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds

Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds

Bitcoin wipes out gains from the last week of June and falls below $60,000 on Wednesday. Ethereum and top altcoins ranked by market capitalization erased gains as the inflation outlook worsened. 

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Fed Minutes Preview: Markets to focus on cues regarding the inflation outlook

Fed Minutes Preview: Markets to focus on cues regarding the inflation outlook

The Minutes of the Fed’s June 11-12 policy meeting will be published on Wednesday. Details of Jerome Powell and Co’s hawkish hold and their inflation outlook will be scrutinized.

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