The EUR/USD exchange rate has crawled back in the past two trading days as the path of a Federal Reserve interest rate cut became clearer. The pair was trading at 1.0855 on Monday morning.

The US Dollar’s rally remains capped below 1.3850. The pair failed to break that level on its latest attempt on Monday and is trimming gains during the European session, yet with downside attempts looking weak so far.

Ethereum ETFs have pulled up a significant $2.2 billion in inflows alongside a 542% hike in ETH exchange-traded products.

Bitcoin had an explosive move to the upside during the trading session on Friday. Yes, we did fall a bit during the week, but we bounced from the 50 day EMA only to turn around and show signs of life to break above the $67,000 level.

The Bank of Canada implemented its second rate cut on Wednesday. Investors are pricing in a 70% chance that the BoC will cut rates in September. US inflation increased modestly, which is in line with forecasts.

The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.