EUR/USD is trading higher on Monday, but remains within last week's range, changing hands at 1.1665 at the time of writing after bouncing from 1.1630 lows on Friday.

Pi Network (PI) has been in a steady decline below the 50-day Exponential Moving Average (EMA), trading near $0.2200 at press time on Monday.

The US Dollar remains in a strongly bearish trend against the Canadian Dollar. The pair lost nearly 2% in the last two weeks, and upside attempts remain limited.

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Japan's Keidenren Chair Tsutsui said during the European trading session on Monday that negotiators are expected to visit China in January to discuss over trade.

Germany Industrial Production n.s.a. w.d.a. (YoY) increased to 0.8% in October from previous -1%

The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data.

West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $60.00 per barrel, up from Friday’s close at $59.91.

Germany’s industrial sector activity rose more than expected in October, the latest data published by Destatis showed on Monday.

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Germany Industrial Production s.a. (MoM) registered at 1.8% above expectations (-0.4%) in October

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Here is what you need to know on Monday, December 8:

Key PointsThe AI infrastructure build-out isn't expected to slow down next year.Meta Platforms and The Trade Desk should bounce back over the next few years. 10 stocks we like bett

European Central Bank (ECB) board member Isabel Schnabel said on Monday that she is comfortable with investor bets that the central bank’s next interest-rate move will be an increase.

Ripple’s RLUSD market cap has risen to nearly $1.3 billion thanks to its multi-chain launch on XRP Ledger and Ethereum.

The AUD/USD pair extends its winning streak for the 12th trading day on Monday. The Aussie pair trades firmly to near its over two-month high of 0.6650 during the late Asian session, posted on Friday.

Japan’s Finance Minister Satsuki Katayama said on Monday that he has recently seen one-sided and rapid moves in the foreign exchange market, and he will take appropriate action if necessary. 

Silver (XAG/USD) lacks a firm intraday directional bias on Monday and seesaws between tepid gains/minor losses through the Asian session.

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The EUR/JPY cross gains ground to near 180.90 during the early European session on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the weaker-than-expected revised Gross Domestic Product (GDP) report.

The Indian Rupee (INR) opens on a bearish note against the US Dollar (USD) at the start of the week.