EUR/AED Exchange rate
Editors’ Picks
![EUR/USD consolidates below 1.0500 amid light trading](https://editorial.fxsstatic.com/images/i/EURUSD-bearish-object_Medium.png)
EUR/USD consolidates below 1.0500 amid light trading
EUR/USD struggles to capitalize on recent upside and oscillates in a narrow range below 1.0500 early Monday. However, the pair's downside remains cushioned by persistent US Dollar weakness and an upbeat mood. Focus shifts to central bank talks.
![GBP/USD ranges near 1.2600 as US Dollar steadies](https://editorial.fxsstatic.com/images/i/GBPUSD-bullish-object-1_Medium.png)
GBP/USD ranges near 1.2600 as US Dollar steadies
GBP/USD keeps its range near 1.2600 in the early European session on Monday. The pair stays support amid a subdued US Dollar price action following Friday's disappoining US Retail Sales data. Thin trading is likely to extend as US markets are closed in observance of Presidents' Day.
![Gold price bulls have the upper hand near $2,900 amid trade war fears and weaker USD](https://editorial.fxsstatic.com/images/i/Commodities_Gold-1_Medium.jpg)
Gold price bulls have the upper hand near $2,900 amid trade war fears and weaker USD
Gold regained positive traction on Monday amid sustained USD weakness. Concerns about Trump’s tariffs further benefit the safe-haven XAU/USD pair. The fundamental and technical setup underpin prospects for additional gains.
![Cardano set for 20% rally as bullish bets increase](https://editorial.fxsstatic.com/images/i/ADA-bullish-animal_Medium.png)
Cardano set for 20% rally as bullish bets increase
Cardano price extends its rally on Monday after gaining more than 13% last week. On-chain metrics suggest a bullish picture as ADA’s long-to-short ratio reached the highest level in over a month.
![Tariffs likely to impart a modest stagflationary hit to the economy this year](https://editorial.fxsstatic.com/images/i/Economic-Indicator_GDP-3_Medium.png)
Tariffs likely to impart a modest stagflationary hit to the economy this year
The economic policies of the Trump administration are starting to take shape. President Trump has already announced the imposition of tariffs on some of America's trading partners, and we assume there will be more levies, which will be matched by foreign retaliation, in the coming quarters.