Gold holds below $4,600 as traders await key US CPI data
Gold (XAU/USD) remains in a consolidation phase just below the $4,600 level and close to the record high set in the previous session during Tuesday’s Asian trading hours. Market participants appear reluctant to commit to fresh positions ahead of the release of the latest US Consumer Price Index (CPI) data, which could provide clearer guidance […]
US CPI seen holding steady, Fed policy outlook likely unchanged
The US Bureau of Labor Statistics (BLS) is set to release the Consumer Price Index (CPI) for December on Tuesday at 13:30 GMT. The data is expected to show that inflation pressures remained broadly stable toward the end of 2025. As one of the most closely watched inflation gauges, the report could prompt short-term volatility […]
EUR/GBP steadies near 0.8650 as markets look ahead to UK GDP figures
The EUR/GBP pair remains range-bound around the 0.8650 level during Tuesday’s European session. Price action is muted as investors wait for clearer signals on the near-term monetary policy outlook from both the Bank of England (BoE) and the European Central Bank (ECB). The BoE is widely expected to maintain a cautious, gradual easing bias. While […]