Canada BoC Consumer Price Index Core (YoY) fell from previous 2.9% to 2.8% in December

EUR/USD keeps its bullish stance around 1.1650 as the session draws to a close on Monday. The pair’s strong rebound comes on the back of the resurgence of the firm downward pressure on the US Dollar, all following reignited EU-US tariff concerns following President Trump’s fresh threats over the weekend.

GBP/USD reverses the earlier pullback and manages to pick up strong upside traction on Monday, climbing to as high as the 1.3440 zone. Cable’s sharp bounce comes in response to the fresh selling interest hurting the Greenback amid the resumption of tariff jitters.

Gold opened the week on a strong footing, attracting heavy buying and pushing to a new record high near $4,700 per troy ounce. A more cautious market mood followed President Trump’s threat to impose tariffs on eight European countries opposing his plan to acquire Greenland, helping to keep the yellow metal well supported.

Meme coins, such as Dogecoin, Shiba Inu, and Pepe, extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.

Markets opened the week like a risk engine hitting a pothole at speed. Equities stepped back, gold vaulted to fresh highs, Treasuries caught a bid, and the dollar, outside of havens, took on a soft bid. This was not a data-driven wobble or a valuation purge.

Meme coins, such as Dogecoin, Shiba Inu, and Pepe, extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.