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AUD/USD: Gains look capped near 0.6800
![AUD/USD: Gains look capped near 0.6800](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/AUDUSD/hundred-bucks-3645622_XtraSmall.jpg)
AUD/USD lost ground for the third session in a row and revisited the 0.6720-0.6715 band following the generalized bearish performance of commodities and ahead of the key release of the Australian labour market report.
EUR/USD keeps the bid tone in place ahead of ECB
![EUR/USD keeps the bid tone in place ahead of ECB](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/forex-market-14546406_XtraSmall.jpg)
EUR/USD added to Tuesday’s advance and rose to new highs around 1.0950 in response to extra weakness in the Greenback and rising expectations prior to the ECB gathering on Thursday.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold retreats from record highs, retains the bullish stance
![Gold retreats from record highs, retains the bullish stance](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/safe-investment-gm147311616-17537479_XtraSmall.jpg)
Gold trades flat on the day below $2,470 after touching a new record high above $2,480 in the Asian session on Wednesday. The modest recovery seen in the US Treasury bond yields causes XAU/USD to consolidate its gains.
Ripple extends gains as XRP traders await end of SEC vs. Ripple lawsuit
![Ripple extends gains as XRP traders await end of SEC vs. Ripple lawsuit](https://editorial.fxstreet.com/images/Resources/CryptoWorldSEO2_XtraSmall.jpg)
Ripple (XRP), XRP Ledger’s native token, extended gains by nearly 7% on Wednesday. The sixth largest asset by market capitalization rallied for the tenth consecutive day and erased all losses from the last 99 days.
Australian Unemployment Rate seen steady at 4% in June
![Australian Unemployment Rate seen steady at 4% in June](https://editorial.fxstreet.com/images/Resources/Discover/Discover_46_1_XtraSmall.png)
With sentiment dominating financial markets, the Australian Bureau of Statistics will release the monthly employment report on Thursday at 1:30 GMT. The country is expected to have added 20K new positions in June, while the Unemployment Rate is foreseen to remain steady at 4%.