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United States Producer Price Index ex Food & Energy (YoY) registered at 2.6%, below expectations (2.7%) in September
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The EUR/USD pair is up 0.36% to near 1.1900 during the Asian trading session on Monday. The major currency pair strengthens as the US Dollar extends last week’s decline amid caution ahead of the Federal Reserve's monetary policy announcement on Wednesday.
The GBP/USD pair trades in positive territory near 1.3660, the highest since September 17, 2025, during the early European session on Monday. The Pound Sterling edges higher against the Greenback on the stronger-than-expected UK Retail Sales and Purchasing Managers Index data. Traders will keep an eye on the US November Durable Goods Orders report later on Monday.
Gold prolongs its record-setting rally for the sixth consecutive day and advances to the $5,100 neighborhood during the Asian session on Monday. Investors continue to take refuge in traditional safe-haven assets amid persistent geopolitical and trade-related uncertainties.
Bitcoin, Ethereum, and Ripple prices recovered slightly at the time of writing on Monday after correcting by over 7%, 14%, and 7%, respectively. The top three cryptocurrencies are nearing key support levels, and if they hold, could consolidate or extend their recovery in the upcoming days.
Although the U.S. administration has walked back its proposed tariff package on major European economies, the episode still marks a significant escalation in transatlantic tension.
Cardano (ADA) price hovers around $0.34 at the time of writing on Monday, after three consecutive weeks of correction since early January. The falling Open Interest (OI) further supports the ongoing correction signaling waning investor participation.
