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EUR/USD is consolidating gains at around 1.0900 in the European session after the Eurozone Sentix Investor Confidence improved to -8.7 in April. The pair is advancing amid a broad retreat in the US Dollar, as risk flows dominate ahead of Eurozone data and Fedspeak.
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GBP/USD is gaining some positive traction above 1.2400 in the early European morning. Markets stay cheerful and dull the US Dollar’s attractiveness as a safe haven. Traders could resort to repositioning ahead of Wednesday’s key US inflation data.
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Gold price regains $2,000 as a softer US Dollar joins a retreat in the US Treasury bond yields to lure XAU/USD bears amid full markets. A reassessment of the Fed rate hike bets join optimism surrounding the India-China growth.
