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Editors’ Picks

AUD/USD looks bullish near term

AUD/USD looks bullish near term

AUD/USD managed to climb to six-month highs around 0.6760, although the bullish attempt seems to have run out of steam in response to the late rebound in the US Dollar.

AUD/USD News

EUR/USD faces initial up-barrier near 1.0850

EUR/USD faces initial up-barrier near 1.0850

EUR/USD halted its multi-day advance on Monday, facing some renewed downward pressure after faltering around the 1.0850 region on the back of the resurgence of the buying interest in the Greenback.

EUR/USD News

Gold trims recent gains, holds above $2,350

Gold trims recent gains, holds above $2,350

After posting impressive gains on Friday, Gold stays under bearish pressure and falls toward $2,370 on Monday. Reports of  China's Central Bank pausing Gold purchases for the second straight month in June weighs on XAU/USD.

Gold News

Ethereum fails to move below key support level again as issuers file amended S-1s

Ethereum fails to move below key support level again as issuers file amended S-1s

Ethereum is down 0.3% on Monday as prospective spot ETH ETF issuers returned their amended S-1 registration statements to the Securities & Exchange Commission (SEC). Meanwhile, ETH long-term holders are gradually returning to the market after years on the sidelines.

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U.K.: Firming growth, lingering inflation, suggest cautious Bank of England

U.K.: Firming growth, lingering inflation, suggest cautious Bank of England

The first half of 2024 has seen a gradual, but clearly perceptible, improvement in U.K. economic momentum. Q1 GDP rose 0.7% quarter-over-quarter, while more recent sentiment and activity data point to ongoing growth in Q2.

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