Analyzes

EUR/USD is finding its footing again, pushing to multi-day highs as it claws back part of the ground lost during last week’s so-called “Warsh trade” and turns its attention back toward the key 1.2000 area.

Spot Gold extends its Friday’s momentum at the beginning of the new week, and trades around $5,070 a troy ounce in the American session. The bright metal takes advantage of broad weakness in the US Dollar (USD) and gains ground despite a generally optimistic market mood.

The Aussie Dollar (AUD) resumes its upside momentum on Monday, backed by the broad-based downward movement in the US Dollar (USD) and the improvement in the risk-linked space, all exposing a potential continuation of the ongoing leg higher and a break above yearly highs.

The EUR/USD pair trades with a positive tone on Monday, nearing the 1.1900 threshold early in the American session. The US Dollar (USD) trades with a softer tone across the FX board, initially weighed by the outcome of the Japanese election.

Solana has fallen 39% over the past 30 days, sliding to a two-year low of $67. The drop was accompanied by a sharp decline in futures activity, with Solana’s open interest falling by more than $3.7 billion over the same period.

The USD/MXN has returned to the lower realms it has tested on occasion since late January, this as the currency pair traverses the 17.25300 vicinity .