The early portion of this week has been relatively tame, with the market not wanting to make any fresh bets on direction until more clarity comes later today in the anticipated US economic data. We have however highlighted an interesting disconnect between the rates market and currency market.

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EUR/USD flirts with daily tops near 1.0730

EUR/USD flirts with daily tops near 1.0730

The continuation of the selling pressure in the Greenback now lends further oxygen to the risk complex, encouraging EUR/USD to revisit the area of daily highs near 1.0730.

EUR/USD News

USD/JPY looks stable around 156.50 as suspicious intervention lingers

USD/JPY looks stable around 156.50 as suspicious intervention lingers

USD/JPY remains well on the defensive in the mid-156.00s albeit off daily lows, as market participants continue to digest the still-unconfirmed FX intervention by the Japanese MoF earlier in the Asian session.

USD/JPY News

Gold holds steady above $2,330 to start the week

Gold holds steady above $2,330 to start the week

Gold fluctuates in a relatively tight channel above $2,330 on Monday. The benchmark 10-year US Treasury bond yield corrects lower and helps XAU/USD limit its losses ahead of this week's key Fed policy meeting.

Gold News

Week Ahead: Bitcoin could surprise investors this week Premium

Week Ahead: Bitcoin could surprise investors this week

Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation. 

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Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week

Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.

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