The US Dollar kicked off the new trading week sharply on the defensive as market participants closely followed President Trump’s Inauguration Day amid the inactivity in the US markets due to the MLK Jr.

The Canadian Dollar (CAD) caught a rare boost on Monday, dragging USD/CAD back below 1.4400 as investors across the globe find some risk appetite after incoming US President Donald Trump made a last-minute swerve to avoid day-one tariffs via executive order.

The Mexican Peso (MXN) rallied against the US Dollar (USD) on Monday ahead of United States (US) President Donald Trump's inauguration.

The EUR/GBP cross advanced further on Monday, reaching 0.8460 and briefly peaking at 0.8475.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is sinking 1% just hours ahead of President-elect Donald Trump’s inauguration as the 47th President of the United States (US). Several asset classes in the US

The Japanese Yen gained some ground compared to the US Dollar in early trading on Monday, ahead of US President Donald Trump’s inauguration.

US President-elect Donald Trump, who takes office on Monday, will reportedly refrain from announcing day-one tariffs at his inauguration address, per Reuters.

The Pound Sterling (GBP) surges to near 1.2320 against the US Dollar (USD) in Monday’s North American Session.

US President-elect Donald Trump’s inauguration on Monday should underpin the USD Index (DXY) this week, DBS' Senior FX Strategist Philip Wee notes.

EUR/USD rallies to near 1.0400. in Monday’s North American session.

It’s inauguration day and Martin Luther King's Day — a federal holiday which means US markets are closed. The incoming president is reportedly set to sign 100 executive orders right out the gate and some of those are likely to address border security and tariffs.

The Pound Sterling (GBP) is up modestly on the day versus a generally softer USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.

USD/CNH fell amid supported risk sentiments. USD/CNH fell; last seen at 7.2853 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

The Euro (EUR) has firmed a little in quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Russia Foreign Trade dipped from previous $9.095B to $6.018B in November

US Dollar (USD) started the week on a slightly softer footing ahead of US holiday (Martin L. King Day) and Presidential inauguration today.

The AUD/USD pair soars to near 0.6260 in Monday’s North American session.

The Canadian Dollar (CAD) has failed to pick up any support amid a broadly softer USD this morning. It, along with the MXN and JPY, is a relative underperformer on the session after reaching a minor, new 5-year low overnight—just under 1.45.

Euro (EUR) traded under pressure (sub1.03 levels), OCBC's FX analysts Frances Cheung and Christopher Wong note.

Gold’s price (XAU/USD) is staying afloat above $2,700 despite an earlier decline to $2,689 during the Asian session, while traders are still concerned over President-elect Donald Trump, who will be sworn in as the 47th United States (US) President later in

The USD/CHF pair trades sideways inside Friday’s trading range around 0.9140 in Monday’s European session.

Downward momentum is building, but this will likely lead to a lower trading range of 7.3200/7.3500 instead of a sustained decline. In the longer run, upward momentum has dissipated; US Dollar (USD) is likely to trade in a range between 7.3100 and 7.3650.

LME aluminum ended last week on a strong footing, boosted by signs of economic recovery in China following a series of stimulus measures over the last couple of months. China’s economic data released last Friday showed China’s GDP in 2024 expanded 5%, meeting the government’s target.

Sharp bounce in US Dollar (USD) has room to extend; overbought conditions indicate that any advance is unlikely to threaten 156.70. In the longer run, USD remains weak; if it breaks below 154.90, the next objective will be at 154.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Despite the rally in crude oil prices running out of steam towards the end of last week, ICE Brent still managed to settle almost 1.3% higher on the week and remain above US$80/bbl, ING's commodity analysts Warren Patterson and Ewa Manthey note.

New Zealand Dollar (NZD) is likely to trade sideways between 0.5560 and 0.5610. In the longer run, upward momentum has largely faded; NZD is expected to trade in a 0.5540/0.5650 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR/GBP is staying bid near the recent high of 0.8450/60, ING's FX analyst Chris Turner notes.

Australian Dollar (AUD) is expected to trade in a 0.6165/0.6220 range. In the longer run, for the time being, AUD is likely to trade in a 0.6140/0.6245 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Silver price (XAG/USD) trades in a tight range near $30.30 in Monday’s European session.

The big day has finally arrived. Financial markets are on tenterhooks to see what executive orders newly elected US President Donald Trump will enact on his first day.