Gold prices hit another record high this morning, with spot Gold breaking above $3,945/oz for the first time, as the prolonged US shutdown fuelled investors’ demand for safe-haven assets, ING's commodity experts Ewa Manthey and Warren Patterson note.
European Central Bank (ECB) Chief Economist Philip Lane said on Monday that they will remain attentive to shifts in the risk distribution when taking interest rate decisions, per Reuters.
The GBP/JPY steadies on Friday, snapping a four-day losing streak after sliding to its lowest level since August 7 on Thursday. At the time of writing, the cross is holding firm near the 198.00 handle, easing back from an intraday high around 198.55.