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AUD/USD: Next on the downside comes 0.6200
AUD/USD extended its negative start to the week and dropped to five-day lows near 0.6230 on the back of the strong resurgence of the buying pressure in the US Dollar and rising threats of US tariffs.
EUR/USD backslides ahead of Fed rate call
EUR/USD pared recent gains on Tuesday, shedding six-tenths of one percent and inching back toward the 1.0400 handle as markets gear up for another outing from the Federal Reserve on Wednesday.
Gold nears $2,600 as investors gear up for the Fed
Trump’s tariff chatter, coupled with a rebound in European stocks and a more upbeat tone in US futures, helped Gold prices stage a solid recovery and partially offset Monday’s steep pullback, climbing above the $2,750 region on Tuesday.
Australia CPI expected to ease further in December, nearing RBA’s target
Australia will release fresh inflation-related data on Wednesday, and financial markets anticipate price pressures eased further at the end of 2024, paving the way for a Reserve Bank of Australia (RBA) interest rate cut when it meets in February.
Ethereum Price Forecast: DeFi founder says L2 roadmap is like “band-aid” and limits ETH value accrual
Ethereum (ETH) trades near $3,140 on Tuesday as it looks to attempt a recovery from the recent DeepSeek-triggered market decline. While traders are positioning for short-term volatility, a decentralized finance (DeFi) founder weighs in on Ethereum's Layer 2 roadmap.
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