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AUD/USD holds gains near 0.7000 amid PBOC's status-quo, Gold price surge

AUD/USD holds gains near 0.7000 amid PBOC's status-quo, Gold price surge

AUD/USD is clinging to mild gains near 0.7000 early Monday. The pair benefits from a risk-on market profile,  China's steady policy rates and surging Gold and Copper prices. Focus now remains on Fedspeak for fresh impetus. 

AUD/USD News

Gold price hits an all-time high to near $2,440

Gold price hits an all-time high to near $2,440

Gold price (XAU/USD) climbs to a new record high near $2,441 during the Asian trading hours on Monday. The bullish move of the precious metal is bolstered by the renewed hopes for interest rate cuts from the US Federal Reserve (Fed). 

Gold News

EUR/USD gains ground above 1.0850, focus on Fedspeak

EUR/USD gains ground above 1.0850, focus on Fedspeak

The EUR/USD pair trades on a stronger note around 1.0875 on Monday during the early Asian trading hours. The uptick in the major pair is bolstered by the softer Greenback. The Federal Reserve’s Bostic, Barr, Waller, Jefferson, and Mester are scheduled to speak on Monday.

EUR/USD News

AI tokens could really ahead of Nvidia earnings

AI tokens could really ahead of Nvidia earnings

Native cryptocurrencies of several blockchain projects using Artificial Intelligence could register gains in the coming week as the market prepares for NVIDIA earnings report. 

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Week ahead: Flash PMIs, UK and Japan CPIs in focus. RBNZ to hold rates

Week ahead: Flash PMIs, UK and Japan CPIs in focus. RBNZ to hold rates

After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.

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