EUR/USD is currently trading at 1.1078, representing marginal gains on the day amid oil price spike. The currency pair on Friday faced rejection at the resistance of the trendline connecting June 25 and Aug. 13 highs.
The GBP/USD pair has advanced for a second consecutive week, reaching Friday 1.2505, its highest since last July, and settling not far below this last. Fading odds for a hard-Brexit continue to underpin the Pound.
Bitcoin price is hovering above $10,300 following a weekend of low trading activity. However, its altcoin peers are performing relatively better led by Ethereum. The entire market is painted green on Monday with most assets posting gains between 0.3-3% on the day.
Ethereum price action over the weekend came as both a surprise and a welcomed move. Last week we discussed that investors were likely to start getting worried if Ethereum failed to correct the downtrend as soon as possible.
CF Benchmarks, CME Group’s BTC index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR). On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from the UK’s Financial Conduct Authority.