EUR/USD Struggles Below 1.1600 as US-EU Trade Deal Favors US Interests
The EUR/USD pair remains subdued in early Asian trading on Tuesday, hovering near 1.1590 after dropping over 1% in the previous session. The decline comes amid renewed US Dollar (USD) strength, fueled by optimism surrounding a new trade agreement between the United States and the European Union. Over the weekend, the US and EU reached […]
Gold Price Trades Sideways Near Multi-Week Low Amid Caution Ahead of FOMC Decision
Gold (XAU/USD) continues its consolidation phase during Tuesday’s Asian session, trading near the three-week low reached on Monday. The precious metal remains rangebound as markets adopt a cautious stance ahead of the two-day Federal Open Market Committee (FOMC) meeting starting later today. Meanwhile, the US Dollar (USD) has paused its recent rally, offering some support […]