Daily market news

EUR/GBP price is trading in the 0.8560s, in the middle of a multi-month range on Monday.

AUD/USD trades higher on Monday, up by a quarter of a percent in the 0.6620s, propelled mainly by a depreciation of the US Dollar (USD) after the release of weaker-than-expected US data at the end of last week.

USD/CHF continues its losing streak for the fourth successive day on Monday, trading around 0.9050 during the European hours.

USD/JPY snaps its three-day losing streak on Monday, trading around 153.70 during the early European hours.

The USD/CAD pair remains on the defensive near 1.3685 on Monday during the early European trading hours.

GBP/USD continues its winning streak for the fourth consecutive day, trading around 1.2550 during the Asian trading hours on Monday.

The NZD/USD pair experienced a slight decline after three consecutive days of gains, trading around 0.6000 during the Asian session on Monday.

West Texas Intermediate (WTI) crude Oil price snaps its losing streak, trading around $78.20 per barrel during the Asian session on Monday.

The AUD/USD pair extends its upside around 0.6610 during the early Asian session on Monday.

EUR/USD drove into a fresh weekly high on Friday, breaking above recent congestion after a broad miss in US Nonfarm Payrolls (NFP) labor and wages figures that reignited broad-market hopes for an accelerated path towards Federal Reserve (Fed) rate cuts.