All three major stock indexes remained up in the final hour of trading on Monday, helped by improved sentiment after better-than-expected earnings from Bank of America Corp. and a decision by new U.K. finance minister Jeremy Hunt to abandon the bulk of previously announced, unfunded tax cuts. Dow industrials DJIA,
XRPUSD is range-bound, but the baseline scenario is a decline
The XRPUSD price is holding steady at 1.1019. The market is keeping a close eye on the fundamental outlook, while the technical picture is moderate.