The greenback sits higher across the board, except against the pound
The dollar momentum may have cooled for a bit towards the end of last week and in the early stages of this week but it has certainly not let up especially with EUR/USD continuing to make fresh lows since July last year.

Bitcoin dips below $60,000, first time since 1 November
The $60,000 mark will be one to watch going into the daily close as it holds a psychological importance but the 27-28 October lows around $58,000 will also be regarded as key technical support at the moment on the charts.

Latest data released by Eurostat – 16  November 2021
The preliminary report can be found . No change to the initial estimate, thus just reaffirming a modest expansion in terms of overall activity in the last quarter.

The CEO of trading giant Trafigura Group, Jeremy Weir, says that the oil market is „very, very tight“
Adding that „there are no freely available barrels“ and while additional supply is needed, it is unclear if and when that will arrive; speaking at a commodities summit.

EUR/GBP falls to fresh two-week lows
A weaker euro which isn’t helped by a lack of support levels in EUR/USD certainly isn’t helping the case for a continued push lower in EUR/GBP but the pound has certainly shown some resilience over the past few days.