Gold pares intraday losses; keeps the red above $4,900 amid receding safe-haven demand

Gold (XAU/USD) attracts some follow-through selling for the second straight day and dives to over a one-week low, around the $4,858 area, heading into the European session on Tuesday.

USD: Fed cuts pushed back to summer – Danske Bank

Danske Research Team has shifted its Federal Reserve call, now expecting two 25 bp rate cuts in June and September instead of March and June. They then see the policy rate held at 3.00–3.25% through 2026–2027.

When is the Germany ZEW Survey and how it could affect EUR/USD?

The Zentrum für Europäische Wirtschaftsforschung (ZEW) will release its German Economic Sentiment Index and the Current Situation Index for February at 10:00 GMT later on Tuesday.

GBP/USD extends losses below 1.3600 as UK labour data disappoints

The Pound (GBP) accelerated its reversal against the US Dollar (USD) on Tuesday, dipping below 1.3600 and reaching session lows around 1.3570 at the time of writing.

EUR/GBP rallies to 0.8725 as weak UK jobs data lifts BoE rate cut bets and undermines GBP

The EUR/GBP cross gains some positive traction for the second straight day and rallies to a fresh daily high, around the 0.8725 region, during the early European session in reaction to disappointing UK jobs data.