VET/USD (BITFINEX) Exchange rate

AUD/USD is clinging to mild gains near 0.7000 early Monday. The pair benefits from a risk-on market profile,  China's steady policy rates and surging Gold and Copper prices. Focus now remains on Fedspeak for fresh impetus. 

Gold price is off a new lifetime high at $2,441 but looks to extend Friday’s upswing at the start of the week on Monday. The US Dollar is struggling alongside the US Treasury bond yields, as risk sentiment remains in a sweeter spot on China’s stimulus measures.

The EUR/USD pair trades on a stronger note around 1.0875 on Monday during the early Asian trading hours. The uptick in the major pair is bolstered by the softer Greenback. The Federal Reserve’s Bostic, Barr, Waller, Jefferson, and Mester are scheduled to speak on Monday.

Native cryptocurrencies of several blockchain projects using Artificial Intelligence could register gains in the coming week as the market prepares for NVIDIA earnings report. 

After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.