The Daily Bullion: yen surges, Polkadot jumps 9%
The yen firmed across every major cross as USDJPY slid to 154.33. Polkadot led crypto up 8.91% while UNI dropped nearly 6%. Platinum and oil pushed higher.
The yen firmed across every major cross as USDJPY slid to 154.33. Polkadot led crypto up 8.91% while UNI dropped nearly 6%. Platinum and oil pushed higher.
Altcoins topped the tape as GRT, Chainlink and Polkadot each ran 6-8%, while the Swedish krona firmed against the dollar. Oil held near 90.
A European wrap: mid-cap tokens led by GRT and Polkadot topped the board, the Swedish krona firmed across FX, and crude held its recent gains.
A two-day gauntlet: the ECB rate call and US PPI on Wednesday, followed by UK GDP and the pivotal US CPI report on Thursday.
Cardano jumped 11% and Bitcoin cleared $81,800 as crypto led risk higher, while the yen firmed and gold added 2% to $4,473.
Crypto ripped higher into the London close, with Cardano up 11% and XRP up 9%, while the yen firmed across every major cross. Gold and silver added ground.
The Canadian dollar weakened after the September 4 Employment Change and Unemployment Rate release, with USDCAD posting the largest move on ForexBullion's feed.
Sterling saw only muted moves after BOE Governor Bailey spoke at 08:50 UTC, with GBP/USD slipping just 0.07% as the reaction stayed contained.
BOE Governor Bailey speaks at 08:50 UTC on 4 September, a high-impact event for GBP. Here's what the speech covers and how sterling pairs are trading now.
Palladium jumped 3.61% and silver added 1.91% as the metals complex led the session, while the yen firmed across the board and US indices closed higher.

NZDJPY at 92.70, down 1.79% on the session, sits below its 20-, 50- and 200-day averages with RSI at 34.5 and a third straight lower close.
The Canadian dollar strengthened across the board after the BOC Rate Statement and Overnight Rate decision at 13:45 UTC, with CADJPY leading the move.