Copper pulls back after an extraordinary bullish move. Fundamentals remain strong for a bullish extension, while all-time highs come into the spotlight.
GBP continues to strengthen all round and further gains look likely, although GBP/USD is now looking overbought so a correction is possible before its advance resumes.
Dovish commentary from Federal Reserve Chairman Jerome Powell and the impending provision of additional fiscal support will probably keep USD on the backfoot against its counterparts.
Gold and silver prices are finding relief following a lull in rising Treasury yields. But, pressure still remains amid a decline in negative yielding debt.