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AUD/USD: Further losses appear on the cards

AUD/USD: Further losses appear on the cards

AUD/USD experienced a sharp sell-off, breaking below the 0.6500 support level to hit multi-day lows and approach the November bottom near the 0.6430 zone, driven by renewed strength in the Greenback.

AUD/USD News
EUR/USD: Gains remain capped by 1.0600

EUR/USD: Gains remain capped by 1.0600

The renewed strong demand for the US Dollar, combined with political concerns in France, weighed on the European currency, pushing EUR/USD below the 1.0500 support level once again on Monday.

EUR/USD News
Gold hovers around $2,640 without directional strength

Gold hovers around $2,640 without directional strength

Gold starts the new week on the back foot and trades below $2,650. The renewed US Dollar strength and the recovery seen in the US Treasury bond yields don't allow the pair to stage a rebound despite the risk-averse market atmosphere.

Gold News
MicroStrategy, MARA add to their holdings amid Bitcoin's quest for new all-time high

MicroStrategy, MARA add to their holdings amid Bitcoin's quest for new all-time high

MicroStrategy continued its aggressive Bitcoin purchase on Monday after it announced the acquisition of 15,400 BTC at an average purchasing price of $95,976 per token.

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Trump warns BRICS over Dollar rival plans

Trump warns BRICS over Dollar rival plans

Donald Trump, the incoming U.S. President, has issued a strong warning to BRICS nations over their plans to challenge the dominance of the U.S. dollar in global trade. 

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