SAR/LKR Exchange rate

EUR/USD has come under renewed selling pressure and heads back toward 1.1300 n Monday’s European session. The upbeat market mood and a fresh US Dollar uptick undermines the pair amid a quiet start to a critical week ahead. 

GBP/USD returns to the red below 1.3300 in the European trading hours on Monday. Sustained US Dollar strength and easing trade tensions weigh negatively on the pair. Meanwhile, the technical outlook on the daily chart suggests a weakening bullish trend.

Gold price maintains its offered tone through the Asian session on Monday and currently trades below the $3,300 round-figure mark, down 0.75% for the day. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of tensions between the world's two largest economies.

Bitcoin and Ethereum prices are stabilizing at around $93,500 and $1,770 at the time of writing on Monday, following a rally of over 10% and 12% the previous week. Ripple price also rallied 8.3% and closed above its key resistance level last week, indicating an uptrend ahead.

Barrage of US data to shed light on US economy as tariff war heats up. GDP, PCE inflation and nonfarm payrolls reports to headline the week. Bank of Japan to hold rates but may downgrade growth outlook. Eurozone and Australian CPI also on the agenda, Canadians go to the polls.