Gold price slides below $4,000 for the first time since mid-October, hitting a daily low of $3,971 as risk appetite improved due to easing tensions between the US and China in regard to the trade war.
The Euro (EUR) is treading water against the US Dollar (USD) on Monday, as investors stay cautious ahead of this week’s twin central bank decisions from the Federal Reserve (Fed) and the European Central Bank (ECB).
Currency volatility remains subdued, but looming central bank actions and President Trump’s Asia trip could soon reignite market swings, Commerzbank's FX analyst Michael Pfister notes.