Monday, February 16

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Editors’ Picks

USD/JPY eases from multi-week highs near 147.60

USD/JPY retreats from a three-week high of 147.57 touched earlier this Monday amid worries that US President Donald Trump’s trade tariffs would complicate the Bank of Japan’s path to policy normalization. The domestic political uncertainty ahead of the July 20 upper house election could undermine the Japanese Yen, cushioning the pair’s downside.

Gold climbs above $3,350 as Trump rekindles trade tensions

Gold price holds its upside above $3,350 in Monday’s Asian session. The precious metal gains as traders rushed toward the traditional safe-haven assets after US President Donald Trump widened the global trade war with a fresh wave of tariffs.

Meme coins to watch as Bitcoin hits record high

Meme coins Bonk, Dogwifhat, and Floki are positioned to extend gains as the weekly recovery reaches crucial resistance levels. The meme coins gain bullish momentum on the back of Bitcoin’s (BTC) recovery run, hitting a new all-time high on Thursday. 

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