NEWS | 07/21/2025 12:30:21 GMT
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By FXStreet Team
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Editors’ Picks
EUR/USD climbs further, surpasses 1.1700
EUR/USD regains its grin at the start of the week, rising past the 1.1700 hurdle, or three-day highs. The uncertainty around the Federal Reserve’s rate-cutting path and a US-EU trade deal puts the US Dollar on the defensive, providing support for the pair in the absence of high-quality economic data releases.
GBP/USD picks up pace past 1.3500, six-day highs
GBP/USD recoups some of its recent losses and advance to multi-day highs north of the 1.3500 level on Monday. The improved market attitude makes it difficult for the Greenback to find demand at the start of the week, enabling Cable to restore its upward momentum.
Gold reaches five-week tops above $3,400
Gold prices have started the week on a positive foot, briefly rising past the key $3,400 mark per troy ounce on Monday. In the absence of important data releases, the generalised weakness in US yields and broad-based USD weakness continue to provide support for the yellow metal.
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