USD Exchange rate
Editors’ Picks
AUD/USD inches higher to near 0.6650 after China's Exports surge
AUD/USD is picking up small bids to test 0.6650 in the Asian session on Monday. The pair capitalizes on upbeat China's Trade data for November, which showed a solid growth in the country's Exports, easing concerns over the world's second-largest economy. The Aussie also remains supported ahead of Tuesday's RBA policy verdict.
USD/JPY holds losses around 155.00 as Japanese Yen recovers
USD/JPY keeps the red near 155.00 in Asian trading on Monday. The Japanese Yen stages a minor recovery, helped by a cautious mood amid Japan-China geopolitical tensions and the expectations of Fed-BoJ monetary policy divergence. The pair also faces headwinds from a broadly weaker US Dollar.
Gold continues its struggles with $4,200 as the Fed week kicks in
Gold treads water around $4,200 early Monday, while within the previous week’s trading range. US Dollar holds lower ground amid looming Fed rate cut call and a cautious mood. Gold’s daily technical setup suggests that buyers are not ready to give up yet.
Top Crypto Losers: Monero extends losses below $370 as Aster and Bonk risk record lows
Altcoins, including Monero, Aster, and Bonk, are at risk of extending their losses as the broader cryptocurrency market stalls amid the dragging peace talks between Ukraine and Russia.
The Silver disconnection is real
Silver just hit a new all-time high. Neither did gold, nor mining stocks. They all reversed on an intraday basis, but silver’s move to new highs makes it still bullish overall, while the almost complete reversals in gold and miners make the latter technically bearish.