Trade talks between the United States (US) and China will continue into a second day as the world’s two largest economies look to ease tensions over shipments of technology and rare earth elements, per Bloomberg.
Shiba Inu (SHIB) appears to be extending its recovery from the support level of around $0.00001188, which was tested on Thursday. The meme coin hovers at around $0.00001253 at the time of writing on Monday, up almost 6% since it lifted from its support level.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains from the previous session and trading around 99.00 during the Asian hours on Monday.