Solana’s price is up 5% over the last 24 hours to trade at $213 at the time of writing on Monday. This recovery has fueled hopes of a continued SOL price rally into new all-time highs above $600, fueled by macroeconomic shifts and technical strength.
The Euro (EUR) added to Friday’s advance at the start of the week, pushing EUR/USD toward the key resistance zone around 1.1750.
Gold prices reached fresh record highs on Monday, with the bright metal extending its rally beyond the $3,630 mark. It currently trades not far below an intraday peak of $3,646.41, as investors keep dropping the US Dollar (USD).
AUD/USD picked up pace and refocused on the 0.6600 hurdle once again.
The USD/JPY pair opened with a bullish gap at the start of a new trading week in reaction to Japanese Prime Minister Shigeru Ishiba’s resignation over the weekend.
The EUR/USD pair posts modest intraday gains on Monday, comfortably trading above the 1.1700 mark. The US Dollar (USD) trades with a soft tone across the FX board, extending the losses inspired by the Nonfarm Payrolls (NFP) report.