The Daily Bullion: Dollar firm as Europe's indices slide
The dollar opens firm with USD/JPY at 158.49 as the DAX and FTSE both fall over 1.4%, while crypto's gains cluster in UNIUSD and Polkadot.
The dollar opens firm with USD/JPY at 158.49 as the DAX and FTSE both fall over 1.4%, while crypto's gains cluster in UNIUSD and Polkadot.
A central-bank-heavy week: BOJ's Ueda speaks Tuesday, FOMC minutes land Wednesday, and Canada's jobs report closes it Friday.
Crude led the losses as Brent and WTI slid, while the Nikkei, Wall Street and the Japanese yen firmed and precious metals bounced.
Crypto opens deep in the red with XRP down 9.75% and XTZ off 9.61%, while USOil rallies 2.9% back above $100. The dollar firms into the session.
The yen strengthened broadly with USD/JPY down 1.2%, while Polkadot led crypto up 8.9% and Solana slid. Metals and oil edged higher into the close.
The yen strengthened broadly as JPY crosses fell around 1%, Polkadot led a mixed crypto tape up 8.9%, and platinum added 1.2%.
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.
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.
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.
Oil surged over 4% and silver added 3.5% as commodities dominated the session, while Bitcoin and Ethereum slipped and the dollar firmed against the yen.
US indices closed higher across the board with the S&P 500 up 1.07%, as Uniswap led crypto losses and precious metals slipped into the close.