Fundamental

Gold remains firmly in bullish territory near all-time highs, supported by US dollar weakness, rising geopolitical risks, and expectations of future Fed rate cuts.

The EUR/USD pair hovers around 1.1760 early in the American session on Monday, unchanged on a daily basis. The US Dollar (USD) started the week with a soft tone.

The euro is consolidating near the 1.18 level against the US dollar as traders position for Fed rate cuts in 2026 amid thin holiday liquidity.

The DAX is nearing a decisive technical zone, with a potential breakout above 24,750 or a continued consolidation shaping the early 2026 outlook.

GBP/USD is at a critical inflection point near 1.35, with traders watching for either a deeper pullback or a bullish breakout in the coming weeks.

Silver extends its parabolic rally amid low liquidity, with strong demand intact but growing risks of sharp corrective pullbacks.