EUR/USD manages to leave behind part of its recent steep retracement soon afterwards, confronting its key 200-day SMA. This level remains critical for now, as a break below it could open the taps for extra pullbacks.
Spot Gold surged to an all-time high of $4,690 a troy ounce at the weekly opening, fueled by fresh tensions between the United States (US) and Europe.
AUD/USD keeps its sidelined trade in place amid the widespread improvement in the risk-associated universe, refocusing its attention on the 0.6700 hurdle and above.
Gold (XAU/USD) remains in a strong bullish trend above $4,500, supported by safe-haven demand, central bank buying, and Fed rate cut expectations.
EUR/USD continues to trend lower as geopolitical tensions and disappointing German data weigh on sentiment, with key support near 1.1500 in focus.
USD/MXN is challenging long-term lows as weakening support and fading risk premium suggest the pair may be settling into a new lower trading range.