Scotiabank strategists Shaun Osborne and Eric Theoret observe that the Canadian Dollar (CAD) is little changed, with USD/CAD trading around their fundamental equilibrium estimate near 1.3920.
The NZD/USD pair gains momentum to near 0.5915 during the early European trading hours on Monday. Better-than-expected Chinese economic data provides some support to the China-proxy New Zealand Dollar (NZD) against the US Dollar (USD).
Dogecoin (DOGE) trades near key support around $0.081 on Monday after declining more than 12% last week. On-chain data suggests some whale wallets are taking profits after DOGE’s recent surge.