XAU/USD peaked during the European session at $1,104.25 but then failed to hold above $1,100 and fell finding support at $1,092. Currently spot gold trades at $1,097.30, 0.43% above today’s opening price.
Greenback is consolidating moderate losses across the board after rising sharply last week. EUR/USD remains moving in a range between 1.4130 and 1.4160. GBP/USD is rising further to new daily highs above 1.6250. USD/JPY is also moving in ranges between a key resistance at 90.30 and 90.20.
“The U.S. Dollar is trading mixed at the mid-session with no clear theme at this time. Traders may be choosing to stand on the sidelines or lighten-up positions during the two days leading up to the Fed FOMC meeting on January 27”
FXstreet.com (Córdoba) – X
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