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Editors’ Picks

AUD/USD: Not out of the woods yet

AUD/USD: Not out of the woods yet

The continuation of the selling pressure around the US Dollar lent extra wings to AUD/USD and propelled it back above the 0.6500 barrier ahead of the publication of the RBA Minutes of its November 5 event.

AUD/USD News
EUR/USD: The extension and duration of the rebound remain to be seen

EUR/USD: The extension and duration of the rebound remain to be seen

EUR/USD regained further balance and trespassed the key 1.0600 hurdle to clock three-day highs following extra weakness in the Greenback and some loss of momentum around the Trump rally.

EUR/USD News
Gold gives signs of life and reclaims $2,600/oz

Gold gives signs of life and reclaims $2,600/oz

After suffering large losses in the previous week, Gold gathers recovery momentum and trades in positive territory above $2,600 on Monday. In the absence of high-tier data releases, escalating geopolitical tensions help XAU/USD hold its ground.

Gold News
Ethereum Price Forecast: ETH risks decline to $2,258 as exchange reserves continue uptrend

Ethereum Price Forecast: ETH risks decline to $2,258 as exchange reserves continue uptrend

Ethereum (ETH) is up 1% on Monday after ETH ETFs hit a record $515.5 million inflows last week. However, rising exchange reserves and realized losses could trigger bearish pressure for the top altcoin.

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The week ahead: Powell stumps the US stock rally as Bitcoin surges, as we wait Nvidia earnings, UK CPI

The week ahead: Powell stumps the US stock rally as Bitcoin surges, as we wait Nvidia earnings, UK CPI

The mood music is shifting for the Trump trade. Stocks fell sharply at the end of last week, led by big tech. The S&P 500 was down by more than 2% last week, its weakest performance in 2 months, while the Nasdaq was lower by 3%. The market has now given back half of the post-Trump election win gains.

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