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EUR/USD declines toward 1.0450 on USD recovery

EUR/USD declines toward 1.0450 on USD recovery

EUR/USD struggles to gain traction and declines toward 1.0450 on Tuesday despite the upbeat ZEW Survey - Economic Sentiment data for Germany and the Eurozone. Rising US Treasury bond yields support the US Dollar and weigh on the pair.  

EUR/USD News
GBP/USD struggles to hold above1.2600

GBP/USD struggles to hold above1.2600

GBP/USD stays under modest bearish pressure and trades below 1.2600 on Tuesday. Earlier in the day, the pair edged higher with the initial reaction to the UK labor market data, which showed that the Unemployment Rate held steady at 4.4% in the three months to December.

GBP/USD News
Gold climbs to daily highs near $2,930

Gold climbs to daily highs near $2,930

Gold prices advance to two-day highs around $2,930 per ounce troy amid the resumption of tariff concerns and despite the tepid rebound in the Geenback and an acceptable move higher in US yields across the curve.

Gold News
Why Solana, XRP, Dogecoin and BNB are crashing?

Why Solana, XRP, Dogecoin and BNB are crashing?

Solana (SOL), XRP, Dogecoin (DOGE) and Binance Coin (BNB) decline on Tuesday. Top altcoins ranked by market capitalization are in a downward trend, even though Bitcoin (BTC) continues to consolidate around the $95,000 level. 

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Rates down under

Rates down under

Today all Australian eyes were on the Reserve Bank of Australia, and rates were cut as expected. RBA Michele Bullock said higher interest rates had been working as expected, slowing economic activity and curbing inflation, but warned that Tuesday’s first rate cut since 2020 was not the start of a series of reductions.

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