EUR/USD rose above 1.0970, reaching the highest intraday level since August 11. The pair holds near the highs, supported by broad-based US Dollar weakness as market participants await comments from Federal Reserve officials and US housing data.
GBP/USD rose from daily lows to 1.2648, the strongest level since early September on the back of a weaker US Dollar. The DXY trades near 103.00 at the lowest in almost three months ahead of comments from Fed officials.
Dogecoin has noted a massive rise in wallet addresses with a non-zero balance. This increase is typical of rising demand among market participants for DOGE. On-chain metrics paint a bullish outlook for Dogecoin.
Loans to businesses are now 0.3% lower than in October last year, the first annual decline since July 2015. This confirms that monetary tightening is having a clear effect on the economy. A divide between countries is also opening up.