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AUD/USD: Upside appears capped around 0.6800
AUD/USD halted its multi-day recovery after faltering once again near the key 0.6800 mark on the back of a modest advance in the US Dollar and the bearish performance of the risk-linked galaxy.
EUR/USD Monday bidding blinks as ECB rate call looms over the horizon
EUR/USD fell short of recent bullish momentum, pulling back sharply after a brief jump above 1.0900 to kick off the new trading week and keeping price action strung out along the top end of a descending price channel.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold on its route to retest record highs at $2,450
Gold regains its traction and trades in positive territory slightly above $2,420 after dropping toward $2,400 at the beginning of the week. Investors await Fed Chairman Powell's appearance at the Economic Club of Washington.
Meme coins soar in double-digit gains as PEPE, WIF, FLOKI, MOG lead the charge
Meme coins are leading the crypto market again as the ripple effect of Bitcoin's recovery is flowing across major crypto categories. PEPE, WIF, FLOKI and MOG are at the forefront of the recovery, elevating their daily performance above the 20% mark on Monday.
The Trump trade
The US markets may have had a mild reaction to the assassination attempt on Donald Trump at a rally in Pennsylvania at the weekend, however, there are long term ramifications for financial markets, particularly in Europe.