It looks like the dollar demand is back after yesterday’s correction, with EURUSD is under a bearish pressure again, while the pound seems to be losing its Brexit-related enthusiasm.

The euro continues to grind lower on Monday with the EURUSD pair has lost the 1.30 handle for the first time since mid-2017 against the backdrop of a stronger USD index that hit a 17-month high earlier in the day.

The greenback is edging lower on Wednesday amid profit-taking as midterm election outcome matched market expectations. During the European session the dollar got under the renewed selling pressure as investors continue to digest election results.

The USDJPY pair is extending gains on Tuesday with the price has refreshed a one-month high of 113.44 before a partial retracement.

Crude oil prices continue to recover gradually, with Brent has settled above the $67 figure on Friday. Today is the third day of gains in a row, but the bullish impetus still looks too fragile and cautious.

The greenback remains on the defensive for a third day in a row on Thursday. The key reason behind its local weakness is a meaningful progress on Brexit as

Crude oil prices lick wounds after another aggressive sell-off. Brent slipped below the $69 figure for the first time since April and struggles to get back above $70

Crude oil market has mostly ignored the speculations on a possible OPEC output cut in 2019. Brent has expended its bearish path to seven-month lows marginally above the $70 crucial handle on Friday

Over the last month, BTCUSD is trading within the $8,000-10,000 range. Since May 5, when the price bumped into the psychological resistance of $10,000, the coin is mostly nursing losses. Bitcoin crashed to almost $8,000 overnight and tries to regain ground on Thursday, but the pair obviously lacks the bullish impetus

BTCUSD tried to stage a recovery over the weekend, but failed to confirm a break above the 100-DMA around $8,800 and resumed the bearish move on Tuesday. Today, the price has lost around 6% already, and the sell-off could intensify, should the coin lose the key $8,000 mark.

The cryptocurrency market continues to suffer losses on Friday, with Bitcoin is down almost 4% on the day. The coin failed to keep above the key $9,000 threshold and slipped to April 26 lows at $8,676. Should this level give up, we may see a decline towards $8,400 and then to the $8,000 area.  

BTCUSD refreshed early-March highs over the weekend, but then corrected rather sharply and continues to retreat on Monday.