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Editors’ Picks
EUR/USD rises despite trade war risks as markets pivot to US CPI inflation data
EUR/USD bidders found the gas pedal on Tuesday, bolstering Fiber further and sending the pair back into the 1.0950 level, albeit briefly. The pair tested into fresh 22-week highs as Euro bulls continue to press further into recovery territory.
GBP/USD shrugs off tariff fears as Pound continues to recover ground
GBP/USD extended its recent bullish rally on Tuesday, shrugging off ongoing trade war concerns that are weighing down American market centers. Cable rose a little over one-half of one percent, clipping into the 1.2950 level for the first time in 18 weeks.
USD/JPY retakes 148.00 on the road to recovery, US CPI in focus
USD/JPY holds gains near 148.00 early Wednesday, extending recovery from five-month lows in sync with the US Dollar. The divergent BoJ-Fed policy expectations and the risk-off mood could continue to underpin the safe-haven Japanese Yen, capping the pair's upside. US CPI data awaited.
Editors’ Picks
AUD/USD trades with modest losses below 0.6300 ahead of US CPI data
AUD/USD trades with a mild negative bias below 0.6300 in Asian trading on Wednesday amid trade war fears, which continue to weigh on investors' sentiment and undermine the risk-sensitive Aussie. Matrkets also remain wary ahead of the US inflation figures for placing fresh directional bets.
USD/JPY retakes 148.00 on the road to recovery, US CPI in focus
USD/JPY holds gains near 148.00 early Wednesday, extending recovery from five-month lows in sync with the US Dollar. The divergent BoJ-Fed policy expectations and the risk-off mood could continue to underpin the safe-haven Japanese Yen, capping the pair's upside. US CPI data awaited.
Gold price bulls turn cautious as focus remains glued to US consumer inflation data
Gold price fluctuates in a range below the $2,920 level during the Asian session on Wednesday as traders opt to wait for the US consumer inflation figures before placing fresh directional bets.
Ethereum eyes $2,200 resistance as Fidelity seeks ETH ETF staking approval
Ethereum is up 3% on Tuesday following Cboe BZX's filing with the Securities & Exchange Commission for Fidelity to permit staking within its spot Ethereum ETF.
Gold price bulls turn cautious as focus remains glued to US consumer inflation data
Gold price fluctuates in a range below the $2,920 level during the Asian session on Wednesday as traders opt to wait for the US consumer inflation figures before placing fresh directional bets.
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