After the LTC/USD experienced a classic pump-and-dump scheme last week, following false reports that US grocer Walmart partnered with Litecoin to offer it as a payment solution in its stores, price action corrected into support. After the announcement, the LTC/USD rallied from $170 to $230 before dropping below $170. While the reversal is bearish, this cryptocurrency pair has reached a support area while selling pressure is fading.

New Zealand Prime Minister Ardern will reassess the danger levels on September 20.

EUR/USD cuts losses and rises above 1.1800 again.

Final Japanese Industrial Production for July decreased 1.5% monthly and increased 11.6% annualized. Forex traders can compare this to Japanese Industrial Production for June, which increased 6.5% monthly and 23.0% annualized. Capacity Utilization for July decreased 3.4% monthly. Forex traders can compare this to Capacity Utilization for June, which increased 6.2% monthly.

The South African Current Account for the second quarter is predicted at ZAR305.1B, and to the Current Account Percentage of GDP at 4.90%. Forex traders can compare this to the South African Current Account for the first quarter, reported at ZAR267.3B, and the Current Account Percentage of GDP at 5.00%.

Bitcoin crashed more than 10%, wiping billions from portfolios globally, on the day El Salvador made it a legal tender. Protest erupted across one of Latin America’s poorest nations, but the situation stabilized throughout the day. It will take time for the Bitcoin experiment to yield results, but high transaction costs and slow processing times remain an issue. Following the collapse in price action, selling pressure faded, and it offered patient investors a potential buying opportunity.

A decline in the delta strain and rising yields will help the kiwi.

EUR/USD: additional growth above 1.1900 is possible.

USD/CAD dropped to new multi-week lows below 1.2500.

AUD/USD will decline from the resistance at 0.7486- Commerzbank.