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Editors’ Picks
EUR/USD advances above 1.1200 on intense US Dollar selling
EUR/USD ticks higher and regains 1.1200 in European trading on Monday. The relentless US Dollar selling on economic and fiscal concerns underpin the pair, despite a risk-off market mood. Focus now remains on Fedspeak and trade headlines for fresh trading incentives.
Gold: Range play intact, with eyes on trade talks, Fedspeak
Gold price is showing some fresh signs of life early Monday, following a weekly decline. The further upside in Gold price depends on the upcoming Fedspeak and talks over potential US trade deals amid rising concerns over US fiscal debt.
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