The British pound was little changed against the U.S. dollar, which held its ground despite a recent soft jobs report as investors anticipate a hawkish tone from upcoming Federal Reserve meeting minutes.
South Korea has initiated round-the-clock onshore trading of its currency against the U.S. dollar, a major market reform aimed at improving access for foreign investors and securing an upgrade to developed-market equity indexes.
The U.S. dollar was little changed on Monday, holding steady after its sharpest daily drop since late April, as investors awaited fresh signals on the Federal Reserve's interest rate path.
The Bank of Israel lowered its benchmark interest rate for the second consecutive time, citing the need to curb the shekel's persistent strength. The 25-basis-point cut brings the key rate to 3.50%, its lowest since late 2022.
Citi analysts see the euro gaining against sterling, citing a historical pattern of pound weakness following the appointment of a new UK Prime Minister, with Andy Burnham expected to take office after July 20.
The cryptocurrency exchange announced a promotional event running until July 15, offering a share of a 25,000 USDT prize pool to users who complete qualifying fiat deposit and Bybit Pay transactions.
Cryptocurrency exchange Bybit has introduced its virtual payment card in Peru, allowing users to spend from their account balances in both local and foreign currency. The launch is part of the firm's strategic expansion into the growing Latin American digital finance market.
Bitcoin is on track for a weekly gain, rising above the $62,000 level as cooling U.S. labor market data eases Federal Reserve rate hike fears and spot ETFs see a return to net inflows.
Cardano (ADA) posted its largest single-day percentage increase since February 25, rallying over 12% on Saturday and pushing its market capitalization above $7 billion. The digital asset outperformed Bitcoin and Ethereum, though it remains significantly below its 2021 peak.
