Thursday, October 17

Eurozone CFTC EUR NC Net Positions decreased to EUR147.3 K from previous EUR152.4 K

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Suggested content Editors’ Picks EUR/USD holds above 1.0900 regardless of weak German IFO information

EUR/USD continues to sell favorable area somewhat above 1.0900 on Monday. The IFO belief index information from Germany came in listed below market expectations, hawkish remarks from ECB authorities assist the Euro remain resistant versus the USD to begin the week.

EUR/USD News

GBP/USD extends slide towards 1.2650

GBP/USD remains on the back foot and sell unfavorable area near 1.2650 on Monday. The United States Dollar holds constant after having actually suffered big losses versus its competitors in the previous week and makes it challenging for the set to acquire traction.

GBP/USD News

Gold varies in a tight channel at around $2,020

Gold (XAU/USD) remains in a combination stage at around $2,020 after having actually closed the previous week decently higher. The benchmark 10-year United States Treasury bond yield moves sideways listed below 4% to begin the week and makes it hard for XAU/USD to discover instructions.

Gold News

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