Analyzes

Gold prices have surged past the $5,000 per ounce threshold, driven by global market volatility fueling a historic rally.

Bitcoin has been a little bit positive during the trading session on Monday, as traders look to continue to build a base in a potential turnaround. This is a large area that I think will remain very important for the time being.

The GBP/USD exchange rate continued its recent surge and reached its highest level since July last year as the US dollar sunk to the lowest level in four months. It jumped to a high of 1.3730, up sharply from the October low of 1.3016.

Bitcoin price stabilized at a key support level as the recent crash stalled. The BTC/USD pair was trading at 87,810, down sharply from the year-to-date high of 98,000.

The AUD/USD exchange rate gapped upwards, reaching its highest point since February 2023 as investors dumped the US dollar and moved to gold and other assets. It surged to a high of 0.6925 as traders waited for the upcoming Federal Reserve interest rate decision and Australian inflation data.

The Euro is practically flat against the US Dollar on Tuesday, trading at 1.1870 at the time of writing, with a four-month high of 1.1907 within reach.