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GBP/USD hovers around 1.2750 on UK election day

GBP/USD hovers around 1.2750 on UK election day

GBP/USD extends its sideways grind near 1.2750 in the American session on Thursday. A broadly softer US Dollar keeps the pair afloat but traders refrain from placing fresh bets on the Pound Sterling while awaiting exit polls of UK election.

GBP/USD News

EUR/USD holds steady near 1.0800 after ECB Accounts

EUR/USD holds steady near 1.0800 after ECB Accounts

EUR/USD continues to fluctuate in a tight range near 1.0800 in the second half of the day on Thursday. The accounts of the ECB's June policy meeting fail to influence the Euro's valuation as trading conditions remain thin, with US markets remaining closed on Independence Day.

EUR/USD News

Gold trades with caution above $2,350, as focus shifts to US NFP

Gold trades with caution above $2,350, as focus shifts to US NFP

Gold struggles to build on Wednesday's gains and trades in a narrow band above $2,350. Sustained US Dollar weakness alongside sluggish US Treasury bond yields help XAU/USD limit its losses ahead of Friday's key June jobs report from the US.

Gold News

MANTRA partners with UAE real estate giant MAG to tokenize $500 million in assets

MANTRA partners with UAE real estate giant MAG to tokenize $500 million in assets

MANTRA announced its partnership with UAE real estate giant MAG on Wednesday via social media platform X. This collaboration introduces new investment opportunities for tokenized real estate worth $500 million in the flourishing Middle Eastern market.

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Investors await NFP to validate their Fed rate cut bets

Investors await NFP to validate their Fed rate cut bets

Investors expect two rate cuts, even though Fed signals one. Recent data corroborates investors’ take. Nonfarm Payrolls waited for more confirmation.

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