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Editors’ Picks
EUR/USD posts small gains above 1.1600 amid renewed US Dollar weakness
EUR/USD has gathered upside traction and trades above 1.1600 in the European session on Monday. The uncertainty over the Federal Reserve’s rate-cut path and a US-EU trade deal keeps the US Dollar on the defensive, lending support to the pair, in the absence of top-tier economic data releases.
GBP/USD rises toward 1.3450 on softer US Dollar
GBP/USD edges higher for the second successive day, heading toward 1.3450 in the European trading hours on Monday. A fresh bout of US Dollar selling amid Trump’s tariff uncertainty-led cautious mood underpins the major, while the macro calendar remains relatively light this week.
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