The BRC-20 token protocol has integrated Ethereum Virtual Machine (EVM) compatibility via the BRC2.0 upgrade on Monday, allowing developers to deploy smart contracts on the Bitcoin (BTC) network.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers some lost ground to near 97.80 during the early Asian trading hours on Tuesday.
The Australian Dollar (AUD) steadies against the US Dollar (USD) following its five-day winning streak. Rising odds of a US Federal Reserve (Fed) rate cut in the September meeting weighed on the US Dollar (USD), which supported the AUD/USD pair.
Japan trade negotiator Ryosei Akazawa said on Tuesday that there has been no date set yet for his next visit to the United States (US). Akazawa added that there is no misunderstanding with the US on trade talks.
Bank of Japan (BoJ) Deputy Governor Himino said on Tuesday that Japan's real interest rate is still very low, adding that it’s appropriate to continue raising interest rates if the economic outlook is met.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1089 as compared to the previous day's fix of 7.1072 and 7.1325 Reuters estimate.
The NZD/USD pair trades in positive territory near 0.5905 during the early Asian session on Tuesday. The upbeat China’s August Caixin Manufacturing Purchasing Managers Index (PMI) report provides some support to the Kiwi.
GBP/USD found room on the high end on Monday, kicking off a fresh trading week with another leg up the charts.
EUR/USD advanced on Monday, gaining over 0.20% amid a thin liquidity trading session, as US financial markets were closed due to the Labor Day holiday. A soft US D.S. dollar and growing bets that the Federal Reserve will cut rates at the September meeting, boosted Ethe euro’s appeal.
The USD/JPY pair trades with mild losses near a four-week-old trading range support around 147.15 during the early Asian session on Tuesday. The US August ISM Manufacturing Purchasing Managers Index (PMI) will take center stage later on Tuesday.
Untied States (US) Treasury Secretary Scott Bessent downplayed an upcoming meeting of world leaders that excludes Western nations.
The Canadian Dollar (CAD) eased lower against the US Dollar (USD) on Monday, albeit on notably weak market flows, shedding under one-tenth of one percent against the Greenback.
Gold rises above $3,450 and may challenge the $3,500 record on Monday, as US markets are quiet for Labor Day.
Silver (XAG/USD) kicks off the week on a strong footing, with spot prices extending their rally for a fifth consecutive session, breaking above the $40.00 mark to hit fresh 14-year highs — levels last seen in September 2011.
The US Dollar (USD) started the week on the defensive, slipping back to multi-week troughs amid the inactivity in the US markets and a broad-based firmer tone in the risk complex.
September opens up on a quiet note, with US markets shuttered on Monday for a long weekend.
West Texas Intermediate (WTI) Crude Oil is rebounding modestly on Monday, trading near $64.45 after logging its first monthly decline since April with a 7.6% drop in August as rising US supply and weaker seasonal demand weighed on sentiment.
Ripple (XRP) exhibits weakness in its technical structure on Monday amid concerns in the broader cryptocurrency market that September is historically a bearish month.
AUD/USD rose on Monday, testing around one-fifth of one percent higher to kick off the new trading week.
The USD/JPY posted minimal gains on Monday after losing over 2.40% in August amid thin trading, with US markets closed in observance of Labor Day. The pair trades at 147.28 as the Greenback continues to weaken amid news that the US Court of Appeals has ruled Trump's tariffs illegal.