The Traderszone Network

10-year Treasury yields down 2.5 bps today
Bond traders are facing a bit of a tough time to start the week, as the more dour risk sentiment is seeing bids flow through and offsetting some of the moves on Friday.

Today we are thrilled to unveil a new out-of-home advertising campaign in London and Manchester titled Welcome to a New Generation of Wealth. This campaign is meant to raise awareness around crypto’s potential to radically redefine our future in ways previously unimaginable.  In conjunction with…

The post Kraken Transforms London Streets With a Digital Art Takeover appeared first on Kraken Blog.

UK: Record Number Of Migrants Crossing English Channel

Authored by Soeren Kern via The Gatestone Institute,

Nearly a thousand migrants from Africa, Asia and the Middle East have attempted to cross the English Channel on small boats in just one day to illegally get into the United Kingdom. The record-breaking surge in illegal crossings is being facilitated by warm weather and calm seas.

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EUR/USD trades to its lowest in a month, down to 1.1709 currently
With the dollar pushing gains across the board, EUR/USD is being pressured towards 1.1700 now as sellers go in search of a third straight day of declines for the pair.

USD/JPY down 0.2% to 109.75 currently
USD/JPY failed to get enough of a spark to hold a break back above 110.00 at the end of last week (bolstered by higher yields at the time) and sellers are fighting their way back now, seizing some near-term control to start the new week.

Crypto traders were in for a tough Monday morning as they woke up to double-digit percentage losses across the market. Large-cap altcoins like Solana, XRP, and Cardano shedded millions of dollars from their respective market caps, while Bitcoin and Ethereum lost 6% and 7% at press time respectively.

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Dollar and yen extend gains on the day
GBP/USD has fallen back below 1.3700 for the first time since 27 August with the low now hitting 1.3685 as the greenback firms to start the session.