
Gold is approaching $4,500, buoyed by central bank purchases
Gold is hovering near the $4,500 resistance level, driven by massive central bank purchases and weakening expectations of U.S. rate hikes.
The most traded pair in the world (24% of daily forex volumes). Here we decode euro moves against the dollar: ECB and Fed decisions, NFP, macro data. Updated continuously.
EUR/USD reacts mainly to 4 factors:
Pro traders watch a few psychological and technical levels:
When these levels break with volume, moves accelerate.
3 basic rules:

Gold is hovering near the $4,500 resistance level, driven by massive central bank purchases and weakening expectations of U.S. rate hikes.

Gold is treading water amid tensions in the Middle East, while traders are closely watching the upcoming U.S. jobs data to adjust their positions regarding the Fed.

With key interest rates held steady, certain sectors are enjoying a newfound stability. Traders are reassessing profitable positions in a monetary environment that is stabilizing.

Gold is losing ground as the greenback remains strong. All eyes are on the Federal Reserve meeting.

Bitcoin remains above $64,000 as traders hold their breath ahead of the Fed's monetary policy meeting this week.

The price of gold has just surpassed the $4,000 mark. Tensions in the Middle East and expectations regarding the Fed's monetary policy are driving up the price of gold.

Gold is losing ground and has fallen back below the symbolic $4,000 mark as tensions in the Middle East reignite inflation fears and dampen hopes for a rate cut by the Fed.

As inflation remains stubbornly high in the eurozone, the question of another ECB rate hike is resurfacing. We break down the signals.

The euro-dollar exchange rate has fallen back to 1.1437 after giving up its NFP gains. The market is holding its breath ahead of this week's U.S. inflation report.

The Fed's new chair warns: zero tolerance for inflation above 2%. A clear signal to the markets, which had been anticipating easing.

Disappointing U.S. employment data is causing the dollar to fall and pushing back the prospect of another Fed rate hike. The EUR/USD is benefiting from this.

UBS expects the Fed to hold rates steady despite market expectations of a rate hike. Kevin Warsh downplays the inflation risk, but traders remain hesitant.

Inflation in the eurozone is slowing more than expected. The European Central Bank may adopt a more cautious stance in the coming months.

Bitcoin is holding steady above $60,000 as ETFs see massive outflows and expectations regarding the Fed weigh on market sentiment.

The ECB survey shows that eurozone consumers now expect lower inflation in 2027. This marks a major psychological turning point for the euro and interest rates.

Gold hits its lowest level since November 2025 following the Fed's hawkish signals. The dollar is taking advantage of this to dominate the foreign exchange market.

The yellow metal is losing ground under pressure from a dollar bolstered by expectations of monetary tightening by the Fed.
The U.S. president and the Italian prime minister are trading sharp criticism over Rome's stance on the conflict in Iran. The markets are watching closely.

The New York-based bank is revising its strategy in response to the Federal Reserve's tightening. The markets will have to wait until the fall of 2026 to see rates fall.

The dollar is climbing to its highest level in two months as expectations of a Fed rate hike grow. The Japanese yen is taking a hit.