The euro initially tried to rally against the US dollar during Monday trading, but gave back almost all of the gains in yet another sign of weakness.
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Ethereum rallied just a bit Monday to show signs of life.
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The German DAX Index went back and forth on Monday as traders still have no real clue as to what they want to do.
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The CAC in Paris gave up early gains Monday as it appears that there was very little volume willing to step out on the risk spectrum.
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Bitcoin rallied a bit Monday, but pales in comparison to the massive selling that we had seen previously.
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The WTI Crude Oil market had a relatively positive Independence Day, but it should be noted that volume was a bit thin as most trading was electronic and off hours.
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The AUD rose on a minor risk-on rally.
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The EUR/USD pair is struggling after a series of bad economic data from Europe and the ongoing demand for the US dollar.
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The GBP/USD price continued in a consolidation phase as investors waited for a statement by Bank of England’s Andrew Bailey and the release of the country’s financial stability report.
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The BTC/USD pair moved sideways as concerns about the health of the cryptocurrency industry continued.
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The Turkish lira fell during early trading today, as investors followed early reports issued by the country's statistics institute that showed inflation rose 78.62%.
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The trading of the last week of June was harsh for the price of the euro/dollar pair, as it fell to the 1.0365 support level and settled around the 1.0435 level at the beginning of this important week’s trading.
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At the end of last week’s trading, the price of the GBP/USD pair fell below the 1.2000 psychological support, with losses to the 1.1975 support level, its lowest in two weeks.
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Despite three trading sessions during which the price of the USD/JPY pair was subjected to selling operations, it moved towards the 134.75 support level.
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Amidst the strength of the US dollar, gold futures fell below the $1,800 level, despite rising inflation and growing recession fears.
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