EUR/USD continues the winning streak, hovering below the psychological level at the 1.0950 level during the Asian session on Monday. The Euro receives upward support, which could be attributed to the weaker US Dollar (USD) following the mixed US S&P Global PMI data. (FXStreet)

USD/JPY lowers by almost 0.30%, trading near 148.90 during the early European session on Monday. The USD/JPY pair's decline is attributed to market speculation suggesting that the US Federal Reserve (Fed) could potentially adopt a more accommodative monetary policy in the coming year. (FXStreet)

The GBP/USD pair kicks off the week in a positive mood above 1.2600, the highest level since late August during the early Europen session on Monday. The uptick of GBP/USD is bolstered by the stronger-than-expected UK S&P Global/CIPS PMI data for November and the softer US Dollar (USD). The pair currently trades near 1.2610, unchanged for the day. (FXStreet)

USD/CAD recovers the recent losses registered in the previous session. The USD/CAD pair trades higher near 1.3660 during the Asian session on Monday. The decline in Crude oil prices weighs on the Canadian Dollar (CAD). Western Texas Intermediate (WTI) price continues the losing streak that began on Wednesday, bidding lower around $75.00 per barrel, by the press time. (FXStreet)

The NZD/USD pair snaps the two-day winning streak during the Asian trading hours on Monday. Investors await the Reserve Bank of New Zealand (RBNZ) monetary policy meeting on Wednesday, which is likely to keep the Official Cash Rate (OCR) at 5.50%. The pair currently trades near 0.6063, down 0.38% on the day. (FXStreet)

Indian Rupee (INR) edges lower on Monday amid US Dollar (USD) demand. IPO-related inflows offered some support to the Indian rupee last week, but the INR struggled to gain ground as the sustained Dollar demand from domestic firms kept the pressure on. Underlying growth trends continue to look robust in India, with activity underpinned by domestic consumption. (FXStreet)

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1159 as compared to the previous day's fix of 7.1151 and  7.1461 Reuters estimates. (FXStreet)

Prices of the WTI extended their downtrend on Friday amidst rising open interest, which leaves the door open to the continuation of this move to, initially, the area of November lows near the $72.00 mark per barrel (November 16). (FXStreet)

Prices of natural gas dropped to multi-week lows around $2.800 on Friday, extending the monthly retracement for the third week in a row at the same time. The daily pullback was accompanied by increasing open interest, exposing further weakness in the very near term and with immediate contention at the key 200-day SMA near the $2.600 mark per MMBtu. (FXStreet)

Gold price maintains its position above $2,010 per troy ounce during the European session on Monday. The US Dollar's (USD) weakness, fueled by increasing speculation that the Federal Reserve (Fed) has concluded its interest rate hikes, has proven advantageous for the yellow metal. Gold price has benefited from this trend, alongside indications of a global economic slowdown. (FXStreet)

Source: FXStreet

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