Gold steadies, oil slides, central banks in focus

Welcome to Venor News, New York Edition. I'm Gracy Skai.

Gold is up today and this week, with the Fed meeting in focus.

Crude oil falls as traders weigh diplomatic efforts in the Middle East.

Five major central banks announce decisions this week.

Bitcoin holds near eighty thousand dollars as new crypto rules take shape.

First, currencies. Euro-dollar is little changed at 1.1203. The pound slipped 0.17 percent to 1.3347. Dollar-yen is the big mover, up 0.34 percent at 157.34. The dollar is firm against the yen and little changed against the euro, while the pound slipped.

Our number of the day: 91 percent. That's how much of a normal day's range dollar-yen has already covered.

Gold is up 0.57 percent today at 4,017 dollars, and 0.37 percent this week. But the daily structure is mixed and the four-hour turned down. The metal closed below a swing low two days ago, so sellers are still in control on the bigger picture. Bloomberg reports gold is steadying, with attention moving to the Fed meeting. Reuters reports gold is gaining, with the Fed decision in focus. The next test for traders is the US consumer confidence survey.

Bitcoin is holding at 80,414 dollars, and flat this week. Ethereum is down half a percent at 2,330 dollars. Investing.com reports oil and rate jitters are denting crypto appetite. Separately, Reuters reports the US securities regulator has proposed long-awaited crypto rules. Traders will watch how those rules develop.

The key number this week is tomorrow's US consumer confidence survey at 10:00 New York time.

Finally, at the time of this recording, our live barometer showed: euro-dollar leans bullish, pound-dollar leans bearish, and dollar-yen leans bullish. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.

That's all from Venor News. Goodbye, and happy trading.