GBP/USD drops during the North American session after failing to clear the 50-day Simple Moving Average (SMA) of 1.3464 as the Greenback registers gains amid the ongoing US government shutdown.
Gold (XAU/USD) continues its historic climb, notching yet another all-time high near $3,991 on Tuesday.
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari struck a more reserved tone than some of his Fed counterparts on Tuesday, cautioning that it's still too soon to be able to tell if tariff-led inflation will be "sticky" or not.
Federal Reserve (Fed) Board of Governors member Stephen Miran made another long-winded appearance on Tuesday, reiterating that he believes any underlying inflation pressures within the US economy are entirely contained within migrant population effects, and will be solved mainly by immigration contr
NZD/USD retreats on Tuesday, extending consolidation below 0.5840 to trade near 0.5810 at the time of writing. Market participants turn their attention to the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision due on Wednesday.