The EUR/USD pair has lost momentum, settling around 1.0835 in the early European session on Monday. This shift comes as the USD struggles near a multi-month low, providing a boost to the XAU/USD pair. Meanwhile, Bitcoin hovers around $82,000 after a significant drop last week, and gold prices remain steady during the Asian session. In the world of cryptocurrencies, Ethereum and Ripple have faced steep declines, echoing Bitcoin's recent downturn.
Consumer price inflation made a robust start in 2025, though February appears to have brought some cooling. Analysts estimate that headline CPI rose by 0.25%, with the core index advancing 0.27%. The moderation in core inflation likely reflects a retreat in certain categories that experienced sharp increases in January. Despite these adjustments, concerns regarding Trump's trade policies and potential Fed rate cuts continue to bolster commodity prices.
Investors are now turning their attention to upcoming data from Germany and the Eurozone for fresh insights. German Industrial Production figures for January and the Eurozone Sentix Investor Confidence index are anticipated to provide new direction for market participants. As traders seek opportunities, they are exploring top brokers for trading the EUR/USD pair in 2025. These brokers offer competitive spreads, fast execution, and powerful platforms suitable for both beginners and experts looking to navigate the dynamic Forex market.
In the realm of cryptocurrencies, Bitcoin's stability at $82,000 follows a nearly 15% fall last week. Ethereum and Ripple have mirrored this trend, crashing by approximately 20% and 28%, respectively. Their momentum indicators suggest ongoing weakness, raising the possibility of further corrections.