Forex News

EUR/USD rapidly left behind. Friday’s decline and managed to meet fresh buying interest, reclaiming the area beyond the 1.0800 barrier in response to the resurgence of the downward pressure in the Greenback.

GBP/USD keeps its auspicious start to the week well and sound and navigates the upper end of the range near 1.2560 on the back of the resumption of the selling bias in the US Dollar.

Gold prices remain on the back foot amidst some recovery in the Greenback and ahead of the release of US PPI and CPI later in the week, prompting XAU/USD to retest the $2,330 region per troy ounce.

Bitcoin (BTC) price outlook remains subdued on higher periods, but lower time frames show more action. The pioneer cryptocurrency is off to a good start after a show of strength in the Asian session, but things could turn in the US session as happened last week.

Will inflation finally fall? That is the question for markets, battered by four consecutive worrying releases of the all-important CPI. A warm-up with PPI, speeches by key Fed officials, and also a look at the central bank's second mandate.