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AUD/USD: Further gains retarget the 200-day SMA
Extra gains saw AUD/USD extend the breakout of the key 0.6500 barrier on Tuesday as hawkish RBA Minutes seem to have lent fresh wings to the Aussie Dollar despite the prevailing risk aversion.
EUR/USD: The recovery needs a stronger catalyst
EUR/USD reversed two daily pullbacks in a row and came under some fresh downside pressure following renewed geopolitical jitters on the Russia-Ukraine front, all prior to key data releases on both sides of the ocean due later in the week.
Gold remains propped up by geopolitics
Gold retreats slightly from the daily high it touched near $2,640 but holds comfortably above $2,600. Escalating geopolitical tensions on latest developments surrounding the Russia-Ukraine conflict and the pullback seen in US yields help XAU/USD hold its ground.
Why is Bitcoin performing better than Ethereum? ETH lags as BTC smashes new all-time high records
Bitcoin (BTC) has outperformed Ethereum (ETH) in the past two years, setting new highs while the top altcoin struggles to catch up with speed. Several experts exclusively revealed to FXStreet that Ethereum needs global recognition, a stronger narrative and increased on-chain activity for the tide to shift in its favor.
How could Trump’s Treasury Secretary selection influence Bitcoin?
Bitcoin remained upbeat above $91,000 on Tuesday, with Trump’s cabinet appointments in focus and after MicroStrategy purchases being more tokens.
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