The dovish remarks from RBA Deputy Governor Philip Lowe may dampen the near-term outlook for AUD/USD as the central bank keeps the door open for more rate cuts.
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Gold sits at record highs above $3,000 on escalating geopolitical tensions
Gold price is sitting at record highs beyond $3,000 early Tuesday on intensifying geopolitical Middle East tensions. Israel resumes military operations against Hamas in Gaza after the group rejected US proposals for extending ceasefire. Further US-Iran tensions add to the latest leg up in the safe-haven Gold.
EUR/USD drops to test 1.0900 ahead of German vote on spending plans
EUR/USD tunrs loswer ro near 1.0900 in early Europe on Tuesday. Escalating Middle East tensions and EU-US tariff war lift the US Dollar and weigh on the pair. Meanwhile, Euro buyers stay defensive ahead of the German vote on the fiscal spending plans.
GBP/USD falls toward 1.2950 as US Dollar rebounds on cautious markets
GBP/USD falls back toward 1.2950 in the early European trading hours on Tuesday. The pair faces headwinds from a renewed US Dollar uptick as investors run for cover amid intensifying trade and geopolitical jitters. The focus stays on mid-tier US data and Middle East tensions.
Ethereum consolidates below $2,000 as Standard Chartered alters its prediction for 2025
Ethereum remained just below $2,000 in the Asian session on Tuesday as Standard Chartered's Global Head of Digital Assets Research, Geoffrey Kendrick, updated the bank's 2025 price forecast for ETH.
Five Fundamentals for the week: Fed leads central bank parade as uncertainty remains extreme Premium
Central bank bonanza – perhaps its is not as exciting as comments from the White House, but central banks still have sway. They have a chance to share insights about the impact of tariffs, especially when they come from the world's most powerful central bank, the Fed.
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