The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, kicks off the new week on a positive note, though it lacks follow-through and remains below Friday's swing high. The index currently trades around the 99.65 region, up 0.15% for the day.

The NZD/USD pair loses ground to near 0.5830 during the early Asian session on Monday. Heightened geopolitical tensions in the Middle East boost safe-haven currencies such as the US Dollar (USD) against the Kiwi. 

Silver (XAG/USD) falters after a modest Asian session bounce to the $69.60 area and trades with a negative bias for the fifth straight day on Monday. The white metal is currently placed just below mid-$67.00s, down 0.80% for the day, and seems vulnerable near a six-week low, touched last Thursday.

Iran’s Islamic Revolutionary Guard Corps (IRGC) said that it will completely shut the strait if US President Donald Trump proceeds with his threats to target Iranian energy facilities, the Guardian reported on Monday.

Gold price (XAU/USD) tumbles to around $4,460 during the early Asian trading hours on Monday. The precious metal remains under selling pressure amid a stronger US Dollar (USD), rising bond yields and concerns about inflation linked to energy prices. 

In a statement released late Friday, Fitch Ratings cut the Outlook on New Zealand's (NZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at 'AA+'.

West Texas Intermediate (WTI) – the US oil benchmark – opened Monday with a bang, extending Friday’s 3.5% advance to briefly regain the $100 level.

The USD/CAD pair trades on a flat note near 1.3725 during the early Asian trading hours on Monday. Traders will closely monitor the situation in the Middle East. Additionally, traders weigh a hawkish hold from the Federal Reserve (Fed) against a dovish hold from the Bank of Canada (BoC). 

The Japanese Yen (JPY) is underperforming against the US Dollar (USD) in the early Asian trades on Monday, despite the Middle East conflict extending into a fourth week, with no signs of de-escalation in sight.

The GBP/USD pair faces some selling pressure near 1.3320 during the early Asian session on Monday, pressured by risk-off sentiment. Ongoing conflicts in the Middle East fuel demand for safe-haven currencies such as the US Dollar (USD) and create a headwind for the major pair. 

Citing two sources familiar with the matter, The Jerusalem Post reported early Monday, the United States (US) is preparing to launch a ground military operation to seize the Iranian island of Kharg.

The EUR/USD pair loses ground to around 1.1560 during the early Asian trading hours on Monday. The Euro (EUR) weakens against the US Dollar (USD) as heightened geopolitical tensions in the Middle East have spurred volatility and weighed on the riskier assets.

In a social media post on Sunday, Mohammad Bagher Qalibaf, Iran’s parliament speaker, threatened financial entities that fund the US military.

When asked in an NBS News interview on Sunday if President Donald Trump was “winding down” the war or “escalating” it, US Treasury Secretary Scott Bessent said, they are not mutually exclusive. Sometimes you have to escalate to de-escalate.”

The AUD/USD pair attracts some sellers to near 0.7000 during the early Asian session on Monday, pressured by risk-off sentiment. The US Dollar (USD) edges higher against the Australian Dollar (AUD) as escalating tensions in the Middle East boost safe-haven demand. 

Here is a rundown of latest headlines surrounding the crisis in the Middle East as the United States (US) and Israel’s war against Iran enters the fourth week:

Solana (SOL) Foundation President Lily Liu stirred mixed reactions on Friday following a controversial statement suggesting that "gaming on a blockchain is not coming back."

Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its second-largest weekly loss since the one that ended down 17.39% on January 30. At the time of writing, XAG/USD trades at $67.89.

Coinbase (COIN) has launched stock perpetual futures trading for eligible non-US retail and institutional customers, offering leveraged exposure to major US equities and exchange-traded funds (ETFs), the exchange stated in a blog post on Friday.

Ethereum (ETH) has returned to a familiar zone around $2,100 on Friday after retreating from $2,390, its highest level since early February.

United States CFTC S&P 500 NC Net Positions increased to $-113.1K from previous $-134.5K

United States CFTC Gold NC Net Positions: $159.9K vs previous $163.1K

Eurozone CFTC EUR NC Net Positions down to €21.1K from previous €105.1K

United States CFTC Oil NC Net Positions fell from previous 228K to 218.7K

United Kingdom CFTC GBP NC Net Positions increased to £-65.5K from previous £-84.2K

Australia CFTC AUD NC Net Positions up to $69.1K from previous $54.2K

Japan CFTC JPY NC Net Positions declined to ¥-67.8K from previous ¥-41.4K