Litecoin tilted lower away from November 29 highs for the third straight session, erasing most of last weeks gains after eking out a weekly profit for the first time in four weeks. 

As of 05:36 GMT, Litecoin shed 1.03% to $30.74, with a session-low at $30.459, and a high at $31.538. 

Litecoin marked the seventh monthly loss in a row in November, the longest such streak of losses since 2015 amid a violent crypto selloff wave. 

Last month, International Monetary Fund head Christine Lagarde suggested on global central banks and their respective governments the possibility of issuing their own digital currencies to make them more stable and controlled and accessible for all sectors instead of the current mayhem in that market. 

Lagarde believes that payments through digital currencies would be instant, safe, and cheap, and while they would be anonymous, central banks will keep a database of all payments, cutting out fraud and money laundering operations. 

The Path of Litecoin

Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher. 

The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, before marking 17-month lows on November 25 at $27.726.  

Silver futures rose in Asian trade off November 14 lows for the third session as the dollar index backed off November 13 highs for the fourth session out of five, after a speech by Fed Chair Jerome Powell. 

As of 07:28 GMT, silver futures due in March rose 0.39% to $14.55 an ounce away from three-week lows, while the dollar index shed 0.31% to 96.74 away from three-week highs. 

Federal Reserve Bank of New York President John Williams is due to hold a press conference about local employment and labor force trends at the Federal Reserve Bank of New York. 

A scheduled Congress testimony by Fed Chair Jerome Powell tomorrow Wednesday was delayed after President Donald Trump declared the day an official holiday in honor of late President George H.W Bush. 

Later this week, Powell will speak about the economy and rural America at the Housing Assistance Council's annual event, in Washington DC, while the payrolls report is expected to show no change in the unemployment rate at 3.7%. 

Gold futures tilted higher in Asian trade to October 26 highs, while the dollar index backed off November 13 highs, after a speech by Fed Chair Jerome Powell. 

As of 04:09 GMT, gold futures due in February rose 0.10% to $1,240.90 an ounce, marking six-week highs, while the dollar index shed 0.23% to 96.81 off three-week highs. 

Federal Reserve Bank of New York President John Williams is due to hold a press conference about local employment and labor force trends at the Federal Reserve Bank of New York. 

A scheduled Congress testimony by Fed Chair Jerome Powell tomorrow Wednesday was delayed after President Donald Trump declared the day an official holiday in honor of late President George H.W Bush. 

Later this week, Powell will speak about the economy and rural America at the Housing Assistance Council's annual event, in Washington DC, while the payrolls report is expected to show no change in the unemployment rate at 3.7%. 

Australian dollar tilted higher in Asian trade versus its US counterpart after a speech by Fed Chair Jerome Powell and ahead of policy decisions by the Reserve Bank of Australia today. 

As of 02:58 GMT, AUD/USD rose 0.03% to 0.7360, with an intraday high at 0.7366, and a low at 0.7349. 

Earlier Australian data showed the current account with a deficit of 10.7 billion, down from 12.1 billion in the second quarter. 

Federal Reserve Bank of New York President John Williams is due to hold a press conference about local employment and labor force trends at the Federal Reserve Bank of New York.