FxAnalysis

Gold is adding to Monday’s uptick on turnaround Tuesday, trading close to earlier multi-day highs above $4,150 per troy ounce.

The Australian Dollar (AUD) is on the back foot again, giving up some of the early-week optimism. That pullback has pushed AUD/USD back below its key 200-day SMA near 0.6460, wiping out two straight days of gains.

Gold (XAU/USD) remains supported above $4000 as market uncertainty and growing Fed rate cut expectations buoy prices ahead of major US economic data.

EUR/USD moves higher on Tuesday, gaining 0.40% on the day to trade near 1.1570 at the time of writing, supported by persistent buying interest following US data releases.

EUR/USD holds in a tight bearish range as traders await pivotal US economic data, with a breakout likely depending on inflation and retail sales figures.

An earnings miss, a new strategic collaboration worth approximately $600 million, and an excellent dividend yield above 5% provide a floor under the price slump. Is a reversal for Extra Space Storage in store?