Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
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The euro rebounded from a 2.5-week low against the U.S. dollar on Monday, gaining 0.4% to $1.0415 as European leaders moved towards a Ukraine peace plan. Sterling also advanced 0.2% to $1.2602 after UK Prime Minister Keir Starmer confirmed Europe's initiative to present a peace proposal to Washington.
Meanwhile, Bitcoin surged nearly 11% to $92,905, briefly touching $94,852.56. The rally followed U.S. President Donald Trump’s social media post naming Bitcoin, Ethereum, XRP, Solana, and Cardano as part of a new strategic cryptocurrency reserve. Bitcoin had dipped to $78,273.03 on Friday, its lowest since mid-November, before rebounding.
The Canadian dollar and Mexican peso each rose 0.2%, trading at C$1.4439 and 20.4891 pesos per U.S. dollar. The gains came after U.S. Commerce Secretary Howard Lutnick hinted that planned 25% tariffs on Canada and Mexico might be reduced. Trump is still expected to impose additional 10% levies on China.
The Australian and New Zealand dollars bounced from one-month lows, rising 0.2% and 0.1%, respectively, to $0.6220 and $0.5606. The yen slipped 0.1% to 150.52 per dollar, while China's yuan edged up 0.1% to 7.2873 per dollar in offshore trading.
The U.S. dollar index eased 0.1% to 107.21. However, analysts at Commonwealth Bank of Australia predict the dollar’s rally will resume as the U.S.-China trade war escalates, with "peak tariff" levels yet to be reached.
