The GBP/USD pair trades lower near 1.3300 in the early European trade at the start of the week, the lowest level seen in over five weeks. The Cable is down as the British Pound faces broader selling pressure due to the combined effects of United Kingdom (UK) political uncertainty, rising gilt yields, and geopolitical tensions.

The USD/JPY pair scales higher for the sixth consecutive day – also marking the seventh day of a positive move in the previous eight – and climbs to a two-and-a-half-week high during the Asian session on Monday. Spot prices now look to build on the momentum above the 159.00 mark and remain well supported by

Oil ‌prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options ​on Iran. Brent crude futures climbed $2.01, or 1.84%, to $111.27 a barrel

Gold prices ​steadied on Monday as dip-buying helped the market recover from earlier losses, ‌after the metal slipped to a more than one-month low amid rising oil-driven inflation concerns and expectations that interest rates will stay higher for longer. Spot gold was steady at $4,540.36 per ounce, as of 0241 ​GMT, after hitting its lowest