EUR/USD: Improvement in the PMI print can give Euro another boost

EUR/USD held on to recent gains in subdued trade as markets await key event/data risks this week – the preliminary estimates of the January Purchasing Manager Indexes (PMIs) on Wednesday and the European Central Bank (ECB) meeting on Thursday. Economists at OCBC Bank analyze the pair’s outlook.

India Gold price today: Gold rises, according to MCX data

Gold prices rose in India on Tuesday, according to data from India's Multi Commodity Exchange (MCX).Gold price stood at 62,324 Indian Rupees (INR) per 10 grams, up INR 181 compared with the INR 62,143 it cost on Monday. Prices for Silver futures contracts decreased to INR 71,090 per kg from INR 71,638 per kg.

USD/JPY could struggle to get meaningful traction to the downside in the near-term

USD/JPY retreats below 147.50 as the Bank of Japan continues its loose monetary policy. Economists at Société Générale analyze the pair’s outlook.

Forex Today: US Dollar edges lower, BoJ maintains status quo

The US Dollar (USD) struggles to find demand early Tuesday, with the USD Index sliding below 103.00 during the European trading hours.

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