XtremeMarkets

Gold consolidates near record highs as central bank decisions loom

Gold consolidates near record highs as central bank decisions loom

Gold (XAU/USD) is holding steady near the $3,680 region during Tuesday’s Asian session, consolidating its recent surge to an all-time high. The metal’s pause reflects caution ahead of a busy week of central bank events, with the Federal Reserve’s policy decision and updated economic projections on Wednesday in sharp focus. A widely expected 25-basis-point rate […]

EUR/USD edges higher toward 1.1800 ahead of key Eurozone and German data

EUR/USD edges higher

EUR/USD is extending its gains for the fourth straight session, trading near 1.1780 during Asian hours on Tuesday. The Euro (EUR) is strengthening as markets await the release of Eurozone Industrial Production figures for July and Germany’s ZEW Economic Sentiment Survey for September. Support for the common currency comes from hawkish remarks by European Central […]