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AUD/USD clings to recovery gains near 0.6500 amid trade war fears
AUD/USD sustains the previous recovery near 0.6500 in Thursday's Asian trading. The recent US Dollar weakness helps keep the Aussie afloat. Buyers, however, remain cautious amid US-China trade war as US is set to unveil further AI chip sanctions against China on Monday.
USD/JPY recovers from over one-month low; upside seems limited
USD/JPY attracts some buyers during the Asian session and moves away from over a one-month low touched on Wednesday, though any meaningful recovery seems elusive. Worries about the economic impact of Trump's pledged tariffs and geopolitical risks continue to underpin the safe-haven JPY.
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Editors’ Picks
Gold price holds steady below $2,640 as traders seem non-committed
Gold price consolidates after the overnight pullback from the vicinity of the $2,660 level. Trade war fears, geopolitical risks, bets for another 25 bps Fed rate cut in December, the recent fall in the US bond yields and the overnight USD slump to a two-week low act as a tailwind for the XAU/USD.
Top 3 meme coins: Dogecoin, PEPE, BONK lead meme rally amid growing disapproval from industry leaders
The meme coin sector rallied on Wednesday as top tokens, including Dogecoin (DOGE), PEPE and BONK, led the charge. With growing anticipation of a DOGE ETF in the US next year, industry experts weighed in on the future of investing in meme coins.
Top 3 meme coins: Dogecoin, PEPE, BONK lead meme rally amid growing disapproval from industry leaders
The meme coin sector rallied on Wednesday as top tokens, including Dogecoin (DOGE), PEPE and BONK, led the charge. With growing anticipation of a DOGE ETF in the US next year, industry experts weighed in on the future of investing in meme coins.