The U.S. dollar edged up against the euro and remained stable against other currencies as the Federal Reserve advocates for a cautious approach to interest rate cuts. Meanwhile, cryptocurrencies like ether and bitcoin experienced significant gains, sparking investor interest.
EUR/USD Forecast: Bullish potential intact ahead of Fedspeak fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Forex Today: Gold advances to new record high, eyes on geopolitics and Fedspeak fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve officials for confirmation regarding rate trajectory. The global markets have taken development in the Middle East in their stride, underlining their resilience.
USD/CAD edges up on heightened geopolitical risks fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.