This week is all about reassessing December Fed rate cut expectations. That process began with Chair Powell’s press conference last Wednesday and continues with FOMC member remarks and the limited data still being released, ING's FX analyst Francesco Pesole notes.
Altcoins such as Aster (ASTER), Cosmos (ATOM), and Bitget (BGB) have recorded heavy losses in the last 24 hours, as a sell-off wave ripples through the broader cryptocurrency market.
The Reserve Bank of Australia (RBA) is widely expected to maintain the Official Cash Rate (OCR) at 3.6% after its November monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT.