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EUR/USD is stuck at 1.0900. Economists at ING analyze the pair’s outlook.

Gold (XAU/USD) made a swift turnaround in 2023, gaining more than 15%.

Here is what you need to know on Tuesday, January 23: The US Dollar (USD) struggles to find demand early Tuesday, with the USD Index sliding below 103.00 during the European trading hours.

Indian Rupee (INR) trades on a softer note on Tuesday. The Reserve Bank of India (RBI) Governor Shaktikanta Das stated last week that cutting the key policy rate would be premature until the 4% inflation target is achieved on a durable basis.

The AUD/JPY cross loses its recovery momentum during the early European session on Tuesday.

The Japanese Yen (JPY) extends its sideways consolidative price move against its American counterpart during the Asian session on Tuesday and remains well within the striking distance of the lowest level since November 28 touched last week.

Turkey Consumer Confidence increased to 80.4 in January from previous 77.4

United Kingdom Public Sector Net Borrowing registered at £6.846B above expectations (£-11.2B) in December

Following the Bank of Japan's decision to leave the policy settings and forward guidance unchanged at the January policy meeting, BoJ Governor Kazuo Ueda said that the Japan's economy is expected to gradually pick up ahead, per Reuters.

The EUR/JPY cross gathers strength during the early European session on Tuesday.