Page 29 - Moving Average News Today

The EUR/USD pair hovers in a tight range around the 1.0900 figure on Monday, with the US Dollar trading mixed across the board as investors try to digest the latest central banks’ announcements.

Gold prices trade with a soft tone, although XAU/USD stands a few bucks above Friday’s close at $2,018.19 a troy ounce.

Cryptocurrencies are in a more positive state today. The total crypto market cap has increased by 5.1% in the last 24 hours,

Taking cues from the price of yellow metal in the international market, MCX February gold futures were trading at Rs 62,490 per 10 grams in the opening trade, up Rs 36 or 0.06% from Thursdays closing price. Meanwhile, the March Silver futures were trading at Rs 74,994 per kg, down Rs 82 or 0.11%.

The crypto market has retraced in the last 24 hours with a 2.69% drop today, December 13.

The EUR/USD pair kept advancing early on Thursday, fueled by the broad US Dollar sell-off triggered by the United States (US) Federal Reserve (Fed) monetary policy decision.

Gold prices maintain the positive momentum, with XAU/USD trading at around $2,040, not far from an intraday high of $2,047.90.

The major crypto coin Bitcoin has found support above $41,000 today, December 12, preventing further decline after it briefly touched $40,000.

EUR/USD dead quiet before Fed decision. Economists at Société Générale analyze the pair’s technical outlook.

The US Dollar trades with a firmer tone on Wednesday, and ahead of the Federal Reserve (Fed) monetary policy decision.