Page 41 - Simple Moving Average News Today

The Mexican Peso holds minuscule gains versus the US Dollar in early trading during the North American session, sponsored by economic data from Mexico.

EUR/USD climbed further on Tuesday after staging a near-term comeback from 1.0800 this week, extending a recovery after Euro area Gross Domestic Product (GDP) figures stayed flat instead of declining as markets forecast.

Gold price is back in the green early Monday, having posted two straight weekly losses.

The US Dollar (USD) is split in half with on the one hand the Greenback up against the import dependent nations and currencies like the eurozone (EURUSD), Scandinavia (USDSEK and USDNOK) and Central Europe (USDPLN). Meanwhile, oil

Gold price (XAU/USD) kicks off the new week on a positive note, albeit struggles to build on strength and remains below the 50-day Simple Moving Average (SMA) during the Asian session.

The Japanese Yen (JPY) remains on the defensive against its American counterpart at the start of a new week and languishes near a two-month low touched on January 19.

Currently positioned in the 10th spot with a valuation of $11.32 billion, Dogecoin (CRYPTO: DOGE) is trailing far behind Avalanche’s (CRYPTO: AVAX) $12.94 billion market cap, with a $1.62 million gap that separates them

The Canadian Dollar (CAD) eased on Monday, backsliding after Crude Oil markets snipped away the week’s opening highs as the trading week kicks off with a light economic calendar on offer.

EUR/USD fell to its lowest bids since mid-December, testing the 1.0800 handle after European Central Bank (ECB) officials left the doors wide open for rate cuts much earlier than investors had previously anticipated.

The US Dollar (USD) Index soared on Monday, trading at 103.75 with gains hitting highs unseen since mid-December.