Fundamental

EUR/USD seems to have entered a consolidation slightly below 1.1600 after rising more than 0.7% in the previous week.

Gold is firming up near $4,250 early Monday, its highest level in six weeks. Gold buyers retain control at the start of a new month amid growing calls for another interest rate cut by the US Federal Reserve (Fed) as early as next week.

The EUR/USD pair held within familiar levels in the last trading day of November, settling below the 1.1600 mark. The pair had made little progress throughout the month and even clinched a fresh three-month low of 1.1468, despite broad US Dollar (USD) weakness.

The Pound Sterling (GBP) staged an impressive recovery against the US Dollar (USD), as GBP/USD clinched fresh monthly highs above the 1.3250 psychological level.

Gold (XAU/USD) gathered bullish momentum at the beginning of the week on growing expectations of a Federal Reserve (Fed) interest rate cut in December.

Blockchain adoption continues to expand across industries, with tokenized equity sales among the next significant breakthroughs in finance, and crypto mining stocks entering the AI sector, ensuring a bright future for crypto-linked stocks.