EUR/USD continues to face strong bearish pressure as traders react to escalating EU-US tensions and Fed rate outlooks, with 1.1500 emerging as a key support level.

Gold prices surged to record highs near $4,700 as escalating geopolitical tensions, a weakening dollar, and strong safe-haven demand push XAU/USD toward the $5,000 target.

The S&P 500 enters Tuesday’s session on shaky ground near 6,830, with traders watching for volatility amid geopolitical risks and nervous post-holiday sentiment.

The US Dollar (USD) is under strong selling pressure on Tuesday, driving EUR/USD to the 1.1730 price zone, its highest level in over two weeks. The Greenback fell on the back of escalating risk aversion, triggered by United States (US) President Donald Trump’s decisions.

The Nasdaq 100 enters Tuesday’s session near 25,529 with market sentiment cautious amid tariff threats, overbought tech concerns, and key economic events ahead.

Crude oil prices rose modestly in low-volume holiday trading, with traders closely eyeing the $60 level and key moving averages for the next breakout or range setup.