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AUD/USD rebounds toward 0.6250 amid China's support measures
AUD/USD finds fresh demand and recovers toward 0.6250 after China's central bank announced some pro-growtth measures. The Aussie reversed a dip-led by a slowdown in Austraian trimmed mean annual CPI , which boosted the odds for an April RBA rate cut.
USD/JPY grinds higher above 158.00, Fed Minutes awaited
USD/JPY sees fresh buying above the 158.00 mark early Wednesday amid uncertainty over further BoJ rate hikes. Further, the Fed's hawkish shift, the recent surge in the US bond yields and a bullish US Dollar support the currency pair ahead of US ADP data and Fed Minutes.
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Gold price consolidates around $2,650 area as traders await FOMC Minutes
Gold price struggles to attract buyers amid the Fed’s hawkish stance and elevated US bond yields. Trade war fears and geopolitical risks lend support to the XAU/USD amid a modest USD downtick. Investors look to the US macro data and FOMC meeting Minutes for some meaningful impetus.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Over $560 million in liquidation
Bitcoin hovers around $97,000 on Wednesday after declining more than 5% the previous day. Ethereum and Ripple follow in BTC’s footsteps and decline 8.3% and 6.15% respectively.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Over $560 million in liquidation
Bitcoin hovers around $97,000 on Wednesday after declining more than 5% the previous day. Ethereum and Ripple follow in BTC’s footsteps and decline 8.3% and 6.15% respectively. This recent pullback has triggered a wave of liquidations, resulting in over $560 million in total liquidations in the crypto.